Forecast: Value Added of Agriculture, Forestry and Seafood in the UK

The forecasted Value Added of Agriculture, Forestry, and Seafood in the UK shows modest but steady growth from 2024 to 2028, increasing from 14.58 billion to 15.47 billion pounds sterling. This represents a compound annual growth rate (CAGR) of approximately 1.48% over the five-year period. In 2023, the value stood close to 14.35 billion pounds, indicating ongoing positive momentum.

Future trends to watch for include:

  • Technological advancements in agriculture and aquaculture that could enhance productivity.
  • Potential impacts of climate change and sustainability practices on growth.
  • Policy changes post-Brexit affecting trade and subsidies in these sectors.

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