The Value Added of Agriculture, Forestry, and Fishing in the UK is forecasted to decline from 2024 to 2028, beginning at 0.6 in 2024 and falling steadily each year to 0.48 by 2028. This contraction suggests a gradual reduction in sector contributions to the economy. In 2023, the value stood at 0.63, indicating an ongoing downward trend.

Year-on-year changes reflect a consistent decline of approximately 5% annually from 2023 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period signifies an average annual decrease, compounding the sector's reduced economic influence.

Future trends to watch for:

Climate change impacts and policy adaptations affecting production and yields.
Technological advancements in sustainable practices, which could reverse or mitigate declines.
Brexit-related trade policy shifts influencing export-import dynamics.