The hemp seed yield in Spain has seen significant growth from 2013 to 2023, with the yield standing at 71.61 Thousand Hectograms Per Hectare in 2023. The year-on-year variation provides insight into the annual trends, noting fluctuations such as a sharp increase in 2016 and a plateau in recent years, with a steady CAGR over the past five years at 5.58%. Forecast data from 2024 to 2028 indicates a continued positive yield growth, with an average annual rate of 3.09% and an overall five-year growth of 16.43% expected.
Future trends to watch for:
- Technological advancements in agriculture driving yield efficiency.
- Changes in EU regulations or subsidies affecting hemp cultivation.
- Climate change impacts on agricultural productivity.
- Market demand shifts influencing cultivation practices and investments.
