France's orange production rebounded dramatically in 2016 after a period of decline, jumping from 3.67 thousand metric tons in 2015 to 10.48 thousand metric tons in 2016. Since then, production has generally stabilized around the 9-11 thousand metric tons range, with a slight increasing trend. Specifically, production stood at 11.09 thousand metric tons in 2023, up by 3.62% from 2022. The last five years have seen an average annual growth of 1.91% in production.
Looking ahead to 2028, the forecasted Compound Annual Growth Rate (CAGR) is 2.42%, which implies a total growth of 12.71% over the next five years. As a result, production is expected to reach 12.92 thousand metric tons by 2028.
Future trends to watch for:
• Climate changes and their impact on agricultural output.
• Innovations in farming techniques and their adoption rates.
• Market demand changes both domestically and in export markets.
• Government policies and subsidies affecting agricultural production.