The apples market size by volume in South Africa was recorded at 85.0 thousand metric tons in 2023, exhibiting a year-on-year decline of 5.56%. Over the past decade, the market saw significant fluctuations, peaking at 189.0 thousand metric tons in 2015 and subsequently declining steadily. The average year-on-year decrease over the last five years is calculated with a CAGR of -5.37%. Between 2023 and 2028, the forecast predicts a continued downward trend with an average annual decline rate of 6.48%, resulting in a projected market volume of 56.45 thousand metric tons by 2028.
Future trends to watch for:
- Continued decline in apple production could affect supply chains and consumer pricing dynamics.
- The impact of climate change and water scarcity on apple orchards and overall agricultural output.
- Potential shifts in consumer preferences towards alternative fruits or imported apples.
- The role of technological advancements in improving apple production efficiency and output.
Monitoring these trends will be crucial for stakeholders in making informed decisions and devising strategies to mitigate risks associated with the declining market.
