The European spelt and soft wheat subsidies have shown varied trends across different countries. In 2023, Lithuania led with €165.52 million, marking a year-on-year increase of 8.52%. Norway and Switzerland saw minimal changes, with Norway experiencing a slight decline. Latvia and Estonia had lower subsidy levels, but Latvia saw a 0.28% increase. Over the past five years, the Compound Annual Growth Rate (CAGR) indicates overall modest growth across these subsidies.
Future trends to watch include:
- Shifts in agricultural policy affecting subsidy allocation.
- Impact of climate change on crop yields influencing subsidy needs.
- Technological advancements in farming improving efficiency and potentially affecting subsidy levels.
Top countries in Spelt and Soft Wheat Subsidies by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 165.52 | 2023 | +1.36% | +8.52% | View data |
| 2 | 2 Norway | 11.8 | 2023 | +3.96% | -0.25% | View data |
| 3 | 3 Switzerland | 10.63 | 2023 | -0.28% | View data | |
| 4 | 4 Latvia | 0.73 | 2023 | 0% | +0.28% | View data |
| 5 | 5 Estonia | 0.31 | 2021 | View data |
