In 2023, Brazil dominated the global orange-bearing tree market, accounting for a major share at 58.05 thousand units. Mexico followed with 16.03 thousand units, while South Africa showed notable growth with a 1.83% increase. Morocco and Egypt also demonstrated positive growth at 0.32% and 1.82% respectively. Argentina experienced a decline of 1.96%, reflecting a downturn in its share. Over the past five years, the compound annual growth rate (CAGR) for these countries highlights Brazil's dominance and South Africa's emerging presence.
Future trends to watch include:
- The continued growth in African countries, given their favorable climate conditions.
- The impact of potential changes in global trade policies on production and exports.
- Technological advancements in agricultural practices that could enhance productivity.
Top countries in Orange Bearing Trees Share by Country (Thousand Units (Trees))
| # | 6 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 58.05 | 2023 | +0.64% | +0.57% | View data |
| 2 | 2 Mexico | 16.03 | 2023 | -0.0093% | -0.19% | View data |
| 3 | 3 South Africa | 10.66 | 2023 | +0.48% | +1.83% | View data |
| 4 | 4 Morocco | 4.31 | 2023 | +0.87% | +0.32% | View data |
| 5 | 5 Argentina | 4.14 | 2023 | +0.44% | -1.96% | View data |
| 6 | 6 Egypt | 3.46 | 2023 | -0.5% | +1.82% | View data |
