The area dedicated to ornamental plants and flowers in Denmark has seen significant fluctuations over the past decade. From a high of 400 hectares in 2017, there was a steep decline to 100 hectares by 2019, followed by a period of recovery to 230 hectares in 2023.
In 2023, the industry held steady compared to the previous year, marking a year-on-year variation of 0%. However, the area recorded an increase from 220 hectares in 2021 to 230 hectares in 2022, translating into a 4.55% year-on-year growth in that period. Over a five-year horizon, the compound annual growth rate (CAGR) averaged -5.18%.
Future projections indicate stability, with the area expected to remain constant at 240 hectares through 2028, without any significant growth, as forecasted by a 0% CAGR.
Future trends to watch for:
- Potential influence of climate change on horticulture practices.
- Impact of technological advancements in plant cultivation and breeding.
- Dynamics of local and export market demands influencing floral farming areas.
