The orange and mandarin market in Spain exhibited significant fluctuations in the past decade, with notable volatility between 2014 and 2017. After a sharp drop of 54.84% in 2015, the market rebounded strongly in 2016 with a 195.91% increase. From 2017 onwards, the market has shown more stability, maintaining a steady positive trend in the volume of oranges and mandarins.
Significant recent growth was observed with increases of 1.94% in 2023, up to a total volume of 2.0 million metric tons. The 5-year CAGR from 2019 to 2023 stands at 1.37%, indicating a stable, albeit modest, growth rate.
Current forecasts predict that this steady growth trend will continue, with the market volume expected to reach 2.18 million metric tons by 2028, representing a 5-year forecasted CAGR of 1.37% and an overall growth rate of 7.04% over the forecasted period.
Future trends to watch for include potential impacts of climate change on citrus production, changes in consumer preferences toward healthier diets influencing demand, and advancements in agricultural technology that could enhance production efficiency and yield.
