The actual data shows significant year-on-year variation with some fluctuations, most notably a sharp decline in 2018 (-18.71%) followed by mixed recovery and stabilization trends. The CAGR from 2019 to 2023 was 1.43%. Forecasted data from 2024 to 2028 reflects a steady but minor growth with a forecasted 5-year CAGR of 0.08% and an overall growth rate of 0.41% over the same period.
Future Trends: Monitoring climate change impacts, technological improvements in agriculture, and fluctuations in local and global demand will be crucial. Policy changes related to agriculture and trade could significantly influence future market dynamics.
