Actual wheat seed value in Norway for 2023 stood at 12.0 Thousand Metric Tons. For 2024, the forecasted value is 11.0 Thousand Metric Tons, remaining stable into 2025 before declining to 10.0 Thousand Metric Tons in both 2026 and 2027, and further down to 9.0 Thousand Metric Tons in 2028. This represents a year-on-year decline of approximately 8.33% from 2023 to 2024 and a consistent annual drop of 9.09% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) calculates to a decrease of around 6.15% annually.
Trends to watch for include potential impacts from climate change on crop yields, shifts in agricultural policies, advancements in seed technology, and global market fluctuations that may affect future supply and demand for wheat seeds in Norway.
