The yield of chicory and lettuce in Austria has experienced notable fluctuations over the years. In 2023, the actual yield stood at 282.13 thousand hectograms per hectare. From 2013 to 2022, the yield showed variability with periods of decline and sporadic increases. For instance, significant drops occurred from 2013 to 2015, while there were increases in 2016 and 2019. However, the yields generally exhibited a decreasing trend over this long-term period.
Analyzing the more recent trends, the year-on-year variations over the last two years were minimal, with negligible decreases recorded in 2022 and 2023 (both less than 1%). The CAGR from 2019 to 2023 averaged around 1.74% per year, indicating slight annual growth.
Looking to the future, the forecasted data from 2024 to 2028 indicates a continued gradual decline in yield. The 5-year CAGR is projected at -0.53%, translating to an overall reduction of approximately 2.62% by 2028.
Future trends to watch for include:
- Impact of climate change on crop yields.
- Changes in agricultural practices and technology adoption.
- Economic factors affecting farming inputs and outputs.
- Policy changes related to agriculture and sustainability.
