The forecast for the UK’s Agriculture, Forestry, and Seafood Gross Value Added (GVA) from 2024 to 2028 remains constant at a value of 2.92, indicating stagnation over these years. This lack of growth suggests that no significant changes are anticipated in the industry’s productivity or economic contributions within this period. The data lacks past values to compare against 2023, but the absence of year-on-year percentage variations and a CAGR suggests stable but stalled progress.
Future trends to watch for include:
- Impacts of climate change on agricultural productivity.
- Technological advancements in sustainable farming practices.
- Policy changes following Brexit that could affect the industry.
- Global market demands influencing export potential.