The Sold Production of Durum Wheat Groats and Meal in Spain has shown a varied trend over the years, standing at 398.08 million Kilograms in 2023. The data reveals periods of growth and slight contractions. Initial years showed fluctuations, with a minor decline from 2013 to 2014, followed by an increase until 2016. The production remained relatively stable from 2017 through 2019, with small declines and increases. Notable growth occurred from 2020 onwards, peaking by 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was around 2%. Projections for 2024 onwards suggest consistent growth with an average annual increase of 1.44%, expected to reach 435.81 million Kilograms by 2028.
Future trends to watch for include:
- Monitoring the impact of climatic changes on agricultural yields.
- Technological advancements in farming practices.
- Policy changes impacting the agricultural sector and trade.
- Shifts in consumer demand affecting production levels.