The demand for vegetables in Spain has shown a fluctuating trend over the past decade, with actual data indicating peaks in 2016 and 2017 at around 7.74 million metric tons, followed by a gradual decline. Notably, the year-on-year variation for 2023 was -0.65%, placing the demand at approximately 6.89 million metric tons. The forecast for the next five years suggests a continuing downward trend, with a projected 2028 value of 6.65 million metric tons, reflecting a forecast 5-year CAGR of -0.55% and a total forecast 5-year growth rate decline of -2.74%.
Future trends to watch for:
- Changes in consumer preferences towards plant-based diets.
- Potential impacts of sustainability and organic farming initiatives.
- Economic factors influencing purchasing power and consumption habits.
- Technological advancements in agriculture that may affect supply and pricing.