The domestic consumption of table grapes in Australia has demonstrated fluctuating trends over the years. From a peak in 2014 at 93.9 thousand metric tons, consumption dropped significantly to 75.4 thousand metric tons by 2019. A notable recovery was observed in 2020 with a 20.56% increase to 90.9 thousand metric tons. As of 2023, consumption stood at 90.78 thousand metric tons, reflecting a 6.8% year-on-year growth from 2022. Analyzing the compound annual growth rate (CAGR), the past five years' average variation stood at 3.03%.
Looking ahead, the forecast indicates a moderate growth trajectory with a predicted CAGR of 1.1% over the next five years, reaching 97.28 thousand metric tons by 2028. This forecasted growth rate suggests a steady but modest increase in domestic consumption.
Future trends to watch for:
- Changes in consumer preferences and dietary trends.
- Impact of economic conditions on household consumption patterns.
- Developments in production techniques and supply chain efficiencies.
- Effects of climate change and sustainability practices on grape yields.
