Between 2013 and 2023, the area dedicated to ornamental plants and flowers in Germany exhibited a general downward trend, with some fluctuations. The value stood at 6.57 Thousand Hectares in 2023, representing a year-on-year growth of 2.66% after a period of consistent declines. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was -0.98%, indicating a slow decline. Notably, the last two years demonstrated some stabilization, with a slight increase in 2023.
Moving forward, from 2024 onwards, the total area is expected to maintain at 6.58 Thousand Hectares until 2028, indicating no significant growth or decline in the forecasted period. The forecasted 5-year CAGR is projected to be 0%, reflecting an expected stability in the sector.
Future trends to watch for:
- Technological advancements in horticulture that could enhance efficiency and yield.
- Changes in consumer preferences for ornamental plants and flowers influenced by sustainability trends.
- Potential impacts of climate change on horticultural practices and crop viability.
