Sugar cane yield in India has shown a fluctuating trend over the past decade. From 2013 to 2023, yields have increased from 682.4 to 833.3 thousand hectograms per hectare, reflecting a compound annual growth rate (CAGR) that has varied over different periods. In the last two years, the year-on-year increase stood at 1.18% and 1.14%, respectively. Over the last five years, the average CAGR has been 0.77%.
Looking forward, the forecasted data shows an optimistic trend with yields expected to reach 882.52 thousand hectograms per hectare by 2028, indicating a forecasted 5-year CAGR of 0.9% and a total growth rate of 4.61% during this period.
Future trends to watch for include:
- Adoption of biotechnology and genetically modified crops that could further enhance yield.
- Impact of climate change and weather patterns on sugar cane productivity.
- Government policies and subsidies aimed at boosting agricultural output.
- Advances in irrigation and farming techniques improving overall efficiency.
