In 2023, the barley harvested production value in the UK stood at X Million Metric Tons. Based on the forecasted data, the production value for 2024 is projected to be 8.84 million metric tons, with a year-on-year increase anticipated through to 2028, where it reaches 9.79 million metric tons. The year-on-year percentage variation from 2024 to 2028 shows a steady upward trend. The CAGR over the last five years reflects a consistent average annual increase in barley production.
Future trends to watch for:
• Impact of climate change on crop yields
• Technological advancements in agriculture
• Changes in domestic and international demand
• Economic policies affecting agriculture
• Potential for increased competition from alternative grains