In 2023, fibre crops production in Spain stood at 193.92 thousand metric tons. From 2024 to 2028, the forecasted production shows a very gradual increase, with values rising from 193.94 to 194.04 thousand metric tons. The slight year-on-year variation indicates a very stable outlook with minimal annual growth. Over the five-year period, this translates to a compound annual growth rate (CAGR) close to 0.015%.
Trends and variations:
- 2024-2025: +0.01%
- 2025-2026: +0.02%
- 2026-2027: +0.01%
- 2027-2028: +0.02%
Future trends to watch include technological advancements in agricultural practices, potential policy changes regarding crop subsidies, and shifts in global market demand which could impact both production levels and economic viability for fibre crops in Spain.
