The production volumes of agriculture, forestry, and seafood in France have exhibited varying trends over the past decade. After a high in 2014 with a year-on-year increase of 7.38%, the values fluctuated, experiencing declines in certain years such as 2016 and 2020. As of 2023, the series stands at 88.31 billion euros. Generally, the compound annual growth rate (CAGR) over the last five years leading up to 2023 has been modest at 0.16%, reflecting a period of stabilization following earlier volatility.
Future trends to watch for include a forecasted steady growth pattern, with the CAGR expected to be 0.21% over the next five years. This indicates a possible continued modest increase in production volumes, reaching 89.46 billion euros by 2028. Factors that could influence this trend include climate change impacts, policy changes in agriculture and fisheries, technological advancements, and market demand shifts.
