In 2023, Citrus production in the US stood at 5.5536 million metric tons. Over the last two years, the production decreased, showing a year-on-year variation of -4.7% in 2022 and -4.83% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was -0.014%, showing a slight overall downward trend. In future, the forecast indicates continuous decline in production with a forecasted CAGR of -4.89% over the next five years, resulting in an estimated decrease by 22.19% by 2028.
In future, watch for:
- Potential impacts of climate change on citrus crops
- Introduction of disease-resistant citrus varieties
- Advancements in agricultural technology and practices
- Changes in trade policies affecting import and export dynamics
