South Africa's concentrated orange juice exports to Ghana have seen a significant decline from 2013 to 2023, plummeting from 207 MT to just 20 MT. The largest year-on-year drop occurred in 2014 at -84.54%, while a notable increase happened in 2020 with a 212.5% rise. More recently, the exports saw a -4.76% decline from 2022 to 2023, leading to a current volume of 20 MT. The CAGR over the last five years is -15.71%, indicating a consistent downward trend.
Looking ahead, the forecasted data for 2024 onward predict a continued decrease in exports, with a CAGR of -3.38% and an overall forecasted decline rate of -15.79% by 2028. Significant future trends to watch include increased global competition, potential changes in trade policies, and shifts in domestic production in both South Africa and Ghana. Market volatility and local demand fluctuations may further impact export volumes.
