The yield of chicory and lettuce in Denmark has shown significant fluctuations over the past decade. Starting from a low in 2013, the yield experienced substantial growth with notable peaks in 2016 and 2017, followed by a period of stabilization and minor growth from 2018 to 2023. In 2023, the yield stood at 406.91 Thousand Hectograms Per Hectare, marking a 2.77% year-on-year increase.
Key observations include:
- Substantial increases in yield during 2016 and 2017, with respective year-on-year growth rates of 135.63% and 23.81%.
- A period of stabilization and minor variation from 2018 to 2023, indicating a maturing market.
- Average variations per year (CAGR) over the last five years show a modest growth of 2.91%.
Looking forward, the forecast from 2024 to 2028 predicts a continued, albeit slower, growth trend with a 5-year CAGR of 1.91%, translating to a 9.92% increase over the period. Future trends to watch for include advancements in agricultural technology, climate change impacts, and policy shifts that may affect yield rates. The consistency in growth suggests a stable outlook in the near term for chicory and lettuce production in Denmark.