The Agricultural Services Output Production in France has shown a general upward trend from 2013 to 2023, starting at 4.24 billion euros and reaching 5.28 billion euros. The sector faced some fluctuations, including minor declines in 2015 and 2021, but overall, the compound annual growth rate (CAGR) over the last five years is 2.61%. Year-on-year changes reveal variability, peaking in 2019 with a 5.22% increase, and showing a smaller, yet positive, growth of 1.86% in 2023.
For the future, it is forecasted that agricultural services will continue to grow, reaching 5.78 billion euros by 2028. The forecasted CAGR for the next five years is expected to moderate to 1.42%, with an overall growth rate of 7.3% by 2028.
Future trends to watch for include technological advancements in agriculture, sustainability initiatives, and policy changes that could impact the sector. These factors are likely to influence the variability and stability of growth in agricultural services output.
