The data over the past decade indicates that fresh groundwater abstraction in Denmark's agriculture sector has experienced significant fluctuations. From 2013 to 2019, there were notable peaks in 2014 and 2018, with the value standing at 343.92 and 429.19 million cubic meters respectively. However, the sector saw substantial drops in subsequent years, particularly in 2015 and 2016. The year 2023 marked a stabilization with groundwater abstraction at 318.35 million cubic meters.
Year-on-year variations showed considerable volatility, with the highest year-on-year growth in 2018 at 64.09% and the steepest decline in 2019 at -31.14%. Over the last two years, there was a modest decrease in 2021 followed by a slight increase in 2022 of 10.4%, and a minimal decline in 2023 at -0.066%. The cumulative average growth rate (CAGR) from 2019 to 2023 was -5.8%, indicating an overall downward trend.
Looking forward, the forecasted data from 2024 to 2028 suggests a period of stability in groundwater abstraction levels, with slight decreases year-on-year. The forecasted 5-year CAGR is -0.02% and the total growth rate is expected to be -0.12% by 2028, emphasizing a general stabilization in demand for fresh groundwater in agriculture.
Future trends to watch for include the impact of climate change, advancements in irrigation technology, and the implementation of water conservation policies. These factors could significantly influence fresh groundwater abstraction levels going forward.
