The fresh oranges supply in Canada stood at 343.3 thousand metric tons in 2023. The year-on-year variation shows a 3.63% increase from 2022. Over the last two years, the supply has fluctuated with a decrease of 5.05% in 2022 followed by a 3.63% increase in 2023. The compound annual growth rate (CAGR) over the last five years is 0.47%, indicating moderate growth.
For future trends, from 2024 to 2028, the forecast suggests a steady increase in supply, with a forecasted CAGR of 0.27%. The total projected growth rate over the next five years is 1.34%. It's important to watch for potential impacts from climate change, trade policies, and consumer preferences, which could significantly influence the future supply of fresh oranges in Canada.
