Currently, in 2024, household expenditure on fresh oranges stands at 8.84 pence sterling per capita per week. This expenditure is forecasted to increase steadily through 2028, reaching 9.33 pence. Year-on-year growth is between 1.37% and 1.32% from 2024 to 2028, indicating a stable upward trend. The five-year compound annual growth rate (CAGR) is approximately 1.34%, demonstrating modest steady growth over the forecasted period.
Future trends to monitor include any shifts in consumer preferences towards different types of fruits, economic conditions affecting purchasing power, climatic impacts on orange production, and potential changes in orange pricing due to global trade dynamics.
