The yield of chicory and lettuce in Singapore for 2023 stands at 247.39 thousand hectograms per hectare. Over the last two years, the yield has shown moderate growth. Specifically, there was a year-on-year increase of 0.35% from 2021 to 2022, followed by a 0.34% rise from 2022 to 2023. The CAGR for the last five years is 0.55%, indicating a steady, albeit slow, upward trend.
Future Trends to Watch For:
Looking forward, the forecasted growth rate for the next five years is expected to be 1.4%, with an average annual growth rate of 0.28% (CAGR). Factors such as advancements in agricultural technology, sustainability practices, and government policies will be crucial in influencing these trends. Monitoring these factors will provide better insights into potential yield performance in the coming years.