Forecast: Apricots Harvested Production in Spain

From 2013 to 2023, apricot production in Spain demonstrated considerable fluctuation. Initial growth was followed by a series of variations, with peaks in 2017 and declines notably from 2019 to 2022. Production significantly rebounded by 62.21% in 2023, reaching 131.18 thousand metric tons. The five-year CAGR preceding 2023 was -5.74%, reflecting a downtrend in overall production.

Forecasts for the next five years show a slight recovery, with a modest 0.55% CAGR expected and a projected total growth rate of 2.77% by 2028. This indicates a stabilization in apricot production, although growth will be gradual.

Future trends to watch for include the impact of climatic changes and technological advancements in agriculture. Additionally, market demand fluctuations and trade policies will play pivotal roles in shaping the apricot production landscape in Spain.

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