The Netherlands' spelt and soft wheat production value showed significant fluctuations between 2013 and 2023, starting at 322.2 million euros in 2013 and standing at 502.82 million euros in 2023. Notable variations include the sharp increase in 2022 by 56.72%, and an earlier dip in 2014 by 19.24%. From 2020 to 2021, the sector rebounded with a 36.6% surge, followed by a massive 56.72% spike in 2022. However, 2023 witnessed a slight decrease of 1.3%. The last five-year CAGR for this period was 14.17%, indicating a robust growth phase in recent years.
- Recent past trends: - 2022: +56.72% - 2023: -1.3%- Five-year past CAGR: +14.17%
Looking ahead, the forecast suggests a steady growth with the production value expected to reach 536.8 million euros by 2028, representing a forecasted five-year CAGR of 1.04%. This marks a stabilization phase after the previously high volatility.
Future trends to watch for: - Technological advancements in agriculture - Climate change impact - Shifts in EU agricultural policies - Market demand variations for spelt and soft wheat
