The forecast for the Agriculture, Forestry, and Seafood Gross Value Added (GVA) per person employed in France indicates a consistent decline. From 1.02 in 2024, it decreases significantly to 0.69 by 2028. This downward trend highlights a reduction in productivity or profitability in the sector per person employed, with a notable annual decrease in value each year. The projected Compound Annual Growth Rate (CAGR) from 2024 to 2028 is negative, emphasizing long-term challenges in efficiency or economic value-added within these industries.
In terms of future trends to watch for:
- The impact of technological advancements and innovations aimed at increasing productivity.
- Policies or initiatives that may affect agricultural and forestry practices or market conditions.
- Climate change and environmental factors influencing these sectors' output.
- Shifts in demand for agricultural and seafood products domestically and internationally.