The Forecasted Value Added of Agriculture, Forestry, and Fishing in Germany shows a slight but steady decrease from 0.8% of GDP in 2024 to 0.77% in 2028. This indicates a contraction trend in the sector's contribution to the economy, reflecting a year-on-year decrease averaging 0.32%. The compounded annual growth rate (CAGR) further confirms this declining trend, showing a diminishing role of the sector over a five-year period.
Future trends to watch for include:
- The impact of technological advancements and sustainable practices on productivity and value added.
- Policy changes aimed at bolstering the agricultural sector.
- The effect of climate change on agricultural outputs.
- Shifts in consumer preferences towards sustainable and organic products.