The Gross Value Added (GVA) for Agricultural Products and Livestock in Denmark experienced notable fluctuations from 2013 to 2023, with a value of 28.04 billion Danish Krones by 2023. Following a low point in 2015, the sector saw considerable growth, particularly from 2017 onwards. Notably, 2017 and 2019 displayed significant positive year-on-year variations of 52.51% and 35.93%, respectively. Over the most recent two years (2022-2023), growth stabilized around the 1% mark. The Compound Annual Growth Rate (CAGR) over the last five years averaged 8.62%, underscoring a robust growth trend.

Looking ahead to the forecasted period from 2024 to 2028, the GVA is projected to continue rising incrementally. Although the projected 5-year CAGR appears moderate at 0.8%, the overall forecasted growth rate of 4.08% indicates sustained growth, albeit at a slower pace.

Future trends to watch for include:

Technological innovations in agriculture leading to efficiency gains.
Impact of climate change on crop yields and livestock productivity.
Shifts in consumer preferences towards sustainable and locally sourced products.
Policy changes and subsidies affecting the agricultural sector.