In 2023, the land area equipped for irrigation in North America stood at 28.14 million hectares. The data from 2013 to 2023 shows a steady but minimal increase, with an average YoY variation indicating very slight growth over the years. Notably, the annual growth rate in recent years hovered around 0%, with a slight uptick in the latter part of the period.
The five-year CAGR leading up to 2023 is approximately 0.0053%, reflecting near-stagnant growth. Forecasts up to 2028 predict continued minimal growth, with a five-year forecasted CAGR of 0.01% and an overall growth rate of 0.05%.
Future trends to watch for:
- Technological advancements in irrigation efficiency.
- Environmental policies influencing water usage in agriculture.
- Impacts of climate change on water availability and agriculture practices.
