Key Market Indicators
Tobagonian Juice Export is projected to decline to approximately $5.2 million by 2028, down from around $7.3 million in 2023. This represents a year-on-year decrease of 5.4% in the compound annual growth rate (CAGR). Historical data shows that Tobagonian juice supply has been decreasing by an average of 4.9% annually since 1996. In contrast, Tobagonian Juice Import is expected to climb to nearly $38.8 million by 2028, up from about $34.6 million in 2023. This marks an average annual growth rate of 1.8%. Since 1996, the demand for imported juice in Tobago has been rising steadily, with an annual increase of 2.6%.
