Green maize harvested production in the UK has shown a consistent upward trajectory from 2013 to 2023. In 2023, the actual production stood at 10.97 million metric tons, marking a year-on-year increase of 5.7% from the previous year. Over the last two years, production increased by 21.87%, indicating a robust growth trend.
From 2018 to 2023, the compound annual growth rate (CAGR) was 4.41%. Looking ahead, forecasts suggest continued growth, with an expected CAGR of 3.68% from 2024 to 2028, culminating in a production volume of 13.84 million metric tons by 2028. This equates to a forecasted growth rate of 19.78% over the next five years.
Future trends to watch for include:
- Technological advancements in agricultural practices.
- Shifts in government policy and subsidies for green maize.
- Climate change impacts on yield.
- Market demand for biofuels and feedstock for livestock.