Energy consumption in agriculture in South Africa is forecasted to remain stable from 2024 to 2028, with values consistently at 2.96% of total energy consumption. Previously, in 2023, the energy consumption rate also stood at 2.96%, indicating no year-on-year variation in the immediate past years. With such stable data, the Compound Annual Growth Rate (CAGR) for the next five years remains 0%, denoting no expected annual change in energy consumption levels.
Future trends to watch for:
- Technological advancements in agricultural machinery and infrastructure for potential energy efficiency improvements.
- The impact of government initiatives or regulations on energy usage in the agricultural sector.
- Potential shifts in crop patterns or livestock management that could influence energy needs.
- Climate change adaptations and their effects on energy consumption in agriculture.