Sold production of wheat or maslin flour in Denmark has shown a general decline from 2013 to 2023, with values fluctuating significantly year-on-year. From a high of approximately €104.91 million in 2013, the value decreased to around €82.741 million in 2023. Notably, the period from 2013 to 2023 saw the most marked decline between 2013 and 2014 with a -14.06% change. However, occasional increases, such as a 12.49% rise in 2021, provided brief recoveries. The CAGR over the last five years up to 2023 stood at about 1.35%, indicating a slight annual growth despite overall declining trends.
Forecasted data from 2024 to 2028 suggest a continuous, albeit gradual, decline in the value of sold production of wheat or maslin flour, reaching approximately €77.112 million by 2028. The forecasted five-year CAGR is expected to be -1.12%, and the five-year growth rate to be -5.49%, indicating a steady decrease.
Future trends to watch for include potential impacts of changing dietary preferences, increasing demand for alternative flours, and evolving environmental regulations that may influence production practices and costs.
