Forecast: Agricultural Value Added in the UK

The forecast for the UK's agricultural value added from 2024 to 2028 indicates a continuous negative trend, with decreases each year compared to the previous period. Over this period, the agricultural sector is expected to struggle, reflecting potential ongoing challenges like market volatility, policy changes, and environmental factors impacting productivity. From 2023 to 2028, the negative compound annual growth rate underlines persistent difficulties within the sector.

Future trends to watch for include:

  • Potential impacts of climate change and extreme weather on agricultural productivity.
  • Changes in trade policies due to Brexit's long-term effects.
  • Technological advancements and their adoption in farming practices.
  • Shifts in consumer demand toward sustainable and organic products.

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