The actual hemp seed yield in France reached 69.98 thousand hectograms per hectare in 2023. This represents a very moderate year-on-year increase of 0.2%. Over the past five years, the Compound Annual Growth Rate (CAGR) for hemp seed yield has been relatively stable at 0.21%. Overall, the data shows a mix of fluctuations and moderate growth over the decade, with notable dips in 2015, 2018, and 2020, contrasted by recoveries in subsequent years.
Looking ahead, the forecasted data suggests a steady increase in yield, reaching 70.70 thousand hectograms per hectare by 2028. The forecasted CAGR over the next five years is 0.16%, translating to an overall growth rate of 0.81% over the same period.
Future trends to watch for include potential technological advancements in farming, regulatory changes related to hemp cultivation, and climate change impacts. The evolving consumer demand for hemp-based products could also influence yield trends.
