Over the period from 2013 to 2023, the production value of flowers in Denmark experienced fluctuating trends. Starting from a value of 472.56 million euros in 2013, it dipped in 2014 but saw a moderate rise and fall in subsequent years. Notably, there were significant increases in 2021 and 2023, reaching 485.33 million euros in 2021 and stabilizing at 483.83 million euros in 2023. The average year-on-year variation for the past five years resulted in a CAGR of 0.74% by 2023, indicating moderate but consistent growth.
From 2024 onwards, the forecasts suggest a steady rise with minor year-on-year increments, projecting the production value to rise up to 492.74 million euros by 2028. The expected CAGR from 2024 to 2028 is 0.28%, showing a slower yet persistent growth compared to the past five years.
Future trends to watch for:
- The influence of climate change on flower production and sustainability practices.
- Technological advancements in agriculture that could impact efficiency and output.
- Changes in consumer preferences towards organic and locally sourced flowers.
- Potential market disruptions due to geopolitical events or economic changes.
