Over the period from 2013 to 2022, the production of tangerines, satsumas, clementines, and mandarines in Spain showed a fluctuating trend. The year 2015 saw a significant spike with a 56.39% YoY increase, while 2016 experienced a steep decline of 36.26%. The five-year cumulative average growth rate (CAGR) reached its lowest in 2020 at -14.02%, and the recent year's data shows a continued downtrend with a CAGR of -2.5% in 2023.
Looking ahead, the forecast indicates a continuous decline in production at a -1.72% CAGR from 2024 to 2028, leading to an overall projected reduction of 8.3%. This forecasted decline accentuates the need to monitor factors influencing production such as climate change, agricultural practices, and market demand evolution.
Future Trends to Watch
Industry stakeholders should watch for advancements in agricultural technologies, potential impacts of climate change, and shifts in market demand. Strategies to improve cultivation techniques and mitigate environmental impacts will be critical in stabilizing and potentially increasing future production.