Based on the provided data, Norway's wheat production is forecasted to decline sharply from 2024 to 2028. Standing at 103.19 thousand metric tons in 2024, production is expected to fall to 31.85 thousand metric tons by 2028.
The year-on-year variation indicates a continuous downward trend: -17.8% in 2025, -21.3% in 2026, -26.5% in 2027, and -35.2% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is significantly negative, reflecting a steep average annual decline in production.
Future trends to watch for include potential changes in climate conditions, agricultural policies, technological advancements in farming, and market demands that could influence wheat production either positively or negatively in the coming years.
