In 2023, the orange supply in Argentina stood at 693.93 thousand metric tons. The forecasted data for the upcoming years shows a slight continuous decline in supply. By 2024, the supply is expected to be 691.54, decreasing to 689.1 in 2025, 686.68 in 2026, 684.29 in 2027, and reaching 681.92 by 2028. This downward trend represents a year-on-year percentage decrease of approximately 0.34% from 2023 to 2024 and a similar decline pattern in subsequent years.
Analysing the Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028, the orange supply is anticipated to decrease by an average of 0.35% annually.
Future trends to watch for include climatic changes and their impact on orange production, shifts in agricultural practices, and economic factors affecting agricultural investments. Additionally, tracking consumer demand and global market dynamics will be crucial for understanding the orange supply trends in Argentina.
