The value-added of agricultural products and livestock in Denmark exhibited a fluctuating trend over the past decade, reflecting both market volatility and underlying economic factors. Between 2013 and 2023, the value rose from 20.83 billion DKK to 25.6 billion DKK. There were significant fluctuations, such as a steep decline in 2015 followed by a marked recovery in 2017 and 2019. The latest actual data for 2023 shows a modest year-on-year growth of 1.96%, with a 5-year CAGR of 6.67% indicating a relatively stable upward trend in recent years.
Future trends to watch for:
• The forecasted growth rates from 2024 to 2028 suggest a steady, albeit slower, increase with a 5-year CAGR at 1.51%.
• Key considerations include technological advancements in agriculture, policy changes, climate impact, and global market shifts that could influence the agricultural sector's performance.
