The forecasted data for the Orange and Mandarines market in Canada shows a slight decline in per capita consumption over the next five years. In 2023, the volume stood at 15.30 kilograms per capita. For 2024, the value is forecasted to be 15.28 kilograms per capita, showing a marginal year-on-year decrease of approximately -0.13%. This trend continues with -0.13% decreases each year until 2028.
Key observations:
- 2024: 15.28 kg/capita (-0.13% YoY)
- 2025: 15.26 kg/capita (-0.13% YoY)
- 2026: 15.24 kg/capita (-0.13% YoY)
- 2027: 15.22 kg/capita (-0.13% YoY)
- 2028: 15.2 kg/capita (-0.13% YoY)
From a longer-term perspective, the CAGR (Compound Annual Growth Rate) over the forecast period indicates an average annual decrease of around -0.13%. This indicates a slow but steady decline in consumption per capita over the next five years.
Future trends to watch for include potential shifts in consumer preferences towards other fruits, changes in import/export policies, and the impact of trends like health consciousness and plant-based diets, which might influence per capita consumption figures.