The production of agriculture, forestry, and seafood in Germany is expected to increase steadily from 62.71 billion Euros in 2024 to 65.43 billion Euros by 2028. This indicates a consistent year-on-year growth, maintaining a positive upward trend in the industry. In 2023, the value stood at 62.71 billion Euros, serving as the baseline for future projections.
During the forecast period 2024-2028, the sector shows a compound annual growth rate (CAGR) of approximately 1.07%. This indicates moderate but stable growth, reflecting the potential for continued investment and development opportunities within Germany's agriculture, forestry, and seafood sectors.
Future trends to watch for include:
- Technological advancements improving productivity and sustainability.
- Government policies supporting innovation in eco-friendly practices.
- Potential impacts of climate change and global trade dynamics.
- Shifts in consumer preferences towards sustainable and organic products.
