In 2023, the crop gross production in Saint Pierre and Miquelon was valued at an estimated 18.10 thousand USD PPP. From 2024 onwards, a steady increase is observed with a forecasted value reaching 19.39 thousand USD PPP by 2028. Year-on-year growth is consistent, averaging around 1.5% annually, signifying a stable expansion in crop production. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be 1.40%, reflecting a gradual positive trend.
Future trends to watch for include the potential impact of climate change on crop yields, shifts in local agricultural policies, and technological advancements in farming practices that may enhance productivity. Monitoring these factors could provide insights into sustaining this growth trajectory.
