The harvested production of nuts in Spain showed fluctuating trends from 2015 to 2023, with significant growth peaks and declines. In 2023, the production stood at 467.75 thousand metric tons. The last two years experienced significant variations with 2022 seeing a substantial year-on-year decline of 22.09%, followed by a slight increase of 0.69% in 2023. Over the last five years, the compounded annual growth rate (CAGR) has been -3.37%. Looking ahead from 2024 onwards, the forecast indicates a moderate growth with a 5-year CAGR of 0.43%, translating to a total growth rate of 2.19% by 2028.
Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology, and economic policies affecting the agriculture sector. Monitoring these factors will be crucial in anticipating and adapting to production changes in the coming years.
