Grains production in the UK has shown considerable fluctuations over the past decade. After a significant drop from 2013 to 2016, production saw a robust recovery, peaking in 2018. The production stood at 32.66 Thousand Metric Tons in 2023. The general trend from 2013 to 2023 shows periods of both sharp declines and strong recoveries, reflecting a volatile market influenced by various factors such as weather conditions and market demand. Over the last two years (2022 and 2023), the year-on-year growth rates were 2.34% and 2.24% respectively. The Compound Annual Growth Rate (CAGR) over the last 5 years (2018-2023) stands at 0.64%.
Future trends indicate a steady increase in production, with forecasted data for the next five years showing a forecasted 5-year CAGR of 1.7%, achieving a growth rate of 8.82% by 2028. Key trends to watch for include advancements in agricultural technology, sustainable farming practices, and potential impacts of climate change. These factors will play a crucial role in shaping the future production landscape.
