The forecasted yield for primary fibre crops in Australia shows a declining trend from 2024 to 2028. Starting at 5.47 thousand hectograms per hectare in 2024, the yield is expected to decrease progressively each year, reaching 3.08 thousand hectograms per hectare by 2028.
Year-on-year percentage variation:
- 2025: -11.17%
- 2026: -12.55%
- 2027: -13.88%
- 2028: -15.85%
The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) indicates an average annual decrease of approximately 13.37%.
The primary factors to monitor in future trends include climate change impact, advancements in agricultural technology, and policy changes that could affect farming practices and crop yields. Additionally, global market demand and shifts in export policies may influence the production and yield of fibre crops in Australia.
