The Crops Gross Production in Spain stood at 35.939 billion USD in 2023, with forecasted values indicating a steady increase over the next five years. From 2024 to 2028, the values are expected to grow from 35.939 billion USD to 37.204 billion USD.
The year-on-year growth rates from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are as follows:
- 2024 to 2025: Increase by 0.89%
- 2025 to 2026: Increase by 0.88%
- 2026 to 2027: Increase by 0.86%
- 2027 to 2028: Increase by 0.85%
The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be around 0.87%.
Future trends to watch for include the impact of climate change on crop yields, advancements in agricultural technology, fluctuations in international trade policies, and potential shifts in consumer demand towards more sustainable and organic produce.
