From 2013 to 2019, the land area equipped for irrigation in the US showed a slight downward trend, with minor year-on-year declines. However, starting in 2020, there was a positive shift observed. The land area increased from 16.78 in 2019 to notable increments reaching 16.95 in 2023. Recent data reveal a year-on-year rise of 0.18% in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 stood at approximately 0.2%.
Looking forward, forecasted data suggests that the land area equipped for irrigation will continue to expand at a CAGR of 0.15% through 2028, reaching 17.12. Notable points include the expected slower but consistent growth, with an overall forecasted 5-year growth rate of 0.77% by 2028.
Future trends to monitor:
- Innovations in irrigation technology and water management practices
- Climate change impacts on agricultural water requirements
- Policies and incentives promoting sustainable agricultural practices