Forecast: Chicory and Lettuce Yield in Australia

In 2023, the yield of Chicory and Lettuce in Australia stood at 166.27 thousand hectograms per hectare. Over the last two years, there has been a year-on-year decrease of 1.28% in 2022 and 1.27% in 2023. Analyzing the longer-term trend, the compound annual growth rate (CAGR) over the past five years shows an average annual decrease of 2.69%. Looking forward, the forecasted data from 2024 to 2028 suggests a continued decline in yield, with a forecast CAGR of -1.1% over the next five years.

Future trends to watch for:

  • Impact of climate change on agricultural yields in Australia.
  • Advancements in agricultural technology and methods to potentially counteract declining yields.
  • Market demand fluctuations for chicory and lettuce, affecting farming decisions.

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