The hemp yield in France reflects significant fluctuations from 2013 to 2023. The yield saw a peak year-on-year increase of 29.54% in 2021, followed by a considerable drop of 20.64% in 2022. The yield in 2023 stood at 6.55 Metric Tons Per Hectare, experiencing a modest increase of 5.14% from the previous year. The last five years recorded a compound annual growth rate (CAGR) of -2.93%, indicating volatility and an overall downward trend in this period.
Future forecasted yields from 2024 to 2028 show a small decrease with a forecasted average annual decline of -0.03%, which translates to an overall growth rate of -0.15% over these years. This suggests a relatively stable but slightly declining trend in hemp yield.
Future trends to watch for include the potential effects of climate change, the introduction of new agricultural technologies, and changes in EU agricultural policies, which could impact the stability and output of hemp farming in France.
