The production value of nursery plants in Germany has exhibited significant fluctuations over the past decade. Starting at 855.06 million euros in 2013, it declined steadily until 2015, followed by a recovery phase, achieving notable peaks in 2019 and especially in 2020 with an impressive 42.55% year-on-year growth. By 2023, the production value stood at 1,410 million euros, registering a slight year-on-year decrease of 3.16% but reflected a strong five-year CAGR of 13.12%.
Future projections indicate steady growth, with the forecasted production value increasing incrementally to 1,520 million euros by 2028. This implies a forecasted five-year CAGR of 1.17% and an overall growth rate of 6.01% over this period.
Future trends to watch for:
- Potential impacts of climate change on nursery plant production.
- The influence of technological advancements in agriculture.
- Market adaptations to evolving consumer preferences for sustainable and native plants.
- Effects of government policies and subsidies geared towards promoting green industry initiatives.
- International trade factors affecting export and import balance.
