Based on the provided data, the grapefruit supply in the US is forecasted to decline significantly over the next five years. In 2024, the supply is expected to be 218.71 thousand metric tons. By 2025, it is projected to decrease to 169.75 thousand metric tons, representing a year-on-year variation of approximately -22.4%. The downward trend continues in 2026 with an estimated supply of 121.73 thousand metric tons, marking a further decline of about -28.3% from 2025. The forecast for 2027 is 74.64 thousand metric tons, a reduction of -38.7% from the previous year. Finally, in 2028, the supply is projected to reach a mere 28.44 thousand metric tons, a staggering -61.9% drop from 2027. Comparing to 2023, the CAGR from 2024 to 2028 is expected to be significantly negative.
Future trends to watch for include potential factors influencing this declining trend, such as climate change impacts, agricultural policy changes, and shifts in consumer demand. Monitoring these elements will be crucial for stakeholders to adapt to the evolving market conditions.
