Based on the provided forecast data, Denmark's import volume of oranges and mandarins is expected to increase by 1 thousand metric tons (Thousand MT) annually from 2024 (143 Thousand MT) to 2028 (147 Thousand MT). Year-on-year percentage variations are as follows:
- 2024-2025: (144.0 - 143.0) / 143.0 * 100 ≈ 0.7%
- 2025-2026: (145.0 - 144.0) / 144.0 * 100 ≈ 0.7%
- 2026-2027: (146.0 - 145.0) / 145.0 * 100 ≈ 0.7%
- 2027-2028: (147.0 - 146.0) / 146.0 * 100 ≈ 0.7%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately:
- CAGR = ((147.0 / 143.0)^(1/4) - 1) * 100 ≈ 0.7%
Future Trends to Watch
Future trends to watch in the import volume of oranges and mandarins in Denmark include shifts in consumer preferences towards healthier diets, potential impacts of climate change on orange and mandarin production, and trade policy changes impacting import regulations. Monitoring these factors could provide valuable insights into the future trajectory of these import volumes.