Forecast: Irrigation Area in Canada

The irrigation area in Canada has shown notable variability from 2014 to 2023. From an area of 585.87 thousand hectares in 2014, the peak was reached in 2018 with 691.11 thousand hectares. However, there has been a decline since 2018, with the area reducing to 604.63 thousand hectares in 2023. The year-on-year variation for 2022 and 2023 reflects a steady decrease of approximately -0.08%. Over the last five years, the compound annual growth rate (CAGR) has been -2.64%, indicating a sustained decline.

Looking forward, the forecast shows a continuous but slight decline in the irrigation area, reaching an estimated 602.23 thousand hectares by 2028. The forecasted 5-year CAGR is -0.06%, suggesting a mild annual decrease.

Future Trends to Watch For:

- Technological advancements in irrigation systems that increase efficiency.- Changes in agricultural practices and crop selection that might influence irrigation needs.- Impacts of climate change on water availability and irrigation requirements.- Government policies and funding aimed at sustainable water management.

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