Key Market Indicators
Australian fruit production is projected to touch approximately 3.65 million metric tons by 2028, up marginally from the same figure in 2023, according to recent data. This represents a flat year-on-year compound annual growth rate (CAGR) of 0%. Since 1966, Australia has seen a decline in fruit supply, averaging a 0.8% decrease per year. In the global rankings for 2023, Australia secured the 40th position, with Venezuela slightly ahead, also producing about 3.65 million metric tons. Leading the global fruit production rankings, India claimed the top spot, followed by Brazil and Mexico in second and third places, respectively.
