Forecast: Chicory and Lettuce Harvested Area in Finland

The harvested area for chicory and lettuce in Finland showed fluctuations between 2013 and 2023. The area in 2023 stood at 617 hectares. Significant year-on-year variations include an 11.11% increase in 2017 and a notable drop of 17.91% in 2019. The Compound Annual Growth Rate (CAGR) over the last five years shows a slight average decrease of -1.63% per year. Forecasts predict a gradual increase in harvested area, with a forecasted CAGR of 0.67% over the next 5 years, leading to a projected harvested area of approximately 643 hectares by 2028.

Future Trends to Watch For:

  • Long-term sustainable agricultural practices that could influence the harvested area.
  • Technological advancements in farming techniques aimed at increasing yield efficiency.
  • Potential impacts of climate change on crop viability and rotational cycles.
  • Policy changes within Finland or the EU affecting agricultural subsidies and incentives.