Based on the forecast data for chicory and lettuce production in the UK, the production is expected to decline from 91.61 thousand metric tons in 2024 to 80.87 thousand metric tons in 2028. The year-on-year percentage variations show a consistent decline across each year. Compared to 2023, which stood at 94.45 thousand metric tons, 2024 will see a reduction of approximately 3%. Between 2025 and 2024, the decline is around -3%. Similarly, the subsequent years follow this downward trend with 2026, 2027, and 2028 showing reductions of -3.05%, -3.09%, and -3.11% respectively. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately -3.09%, indicating a steady decline in production.
Future trends to watch for:
- Climate change impacts on UK agriculture, potentially exacerbating the declining production trend.
- Technological advancements in farming that might offset some of the forecasted reductions.
- Market demand shifts for chicory and lettuce driven by changing consumer preferences towards healthier diets.
- Government policies and subsidies that could influence future production levels.