Forecast: Cherries Yield in South Africa

From 2013 to 2023, the cherries yield in South Africa has shown a consistent decline, dropping from 22.92 thousand hectograms per hectare in 2013 to 12.97 thousand hectograms per hectare in 2023. The year-on-year variation in 2023 was -4.75%, following a -4.62% decline in 2022. Over the last five years, the compound annual growth rate (CAGR) was -4.51%.

Looking forward to the forecasted period from 2024 to 2028, the yield is projected to continue its downward trend, with a forecasted CAGR of -4.79%, bringing the yield down to 9.59 thousand hectograms per hectare by 2028. The overall forecasted growth rate over these five years is expected to be -21.76%.

Future Trends to Watch For:

  • Climate change and weather patterns
  • Changes in agricultural practices and technology
  • Market demand fluctuations
  • Government policies and subsidies

Top Countries about Cherry