Based on the provided forecast data for Orange and Mandarines production in South Korea, the production value is expected to decrease gradually from 2024 to 2028. In 2024, the forecasted production stands at 564.81 Thousand Metric Tons. By 2025, it decreases to 556.8 Thousand Metric Tons, showing a year-on-year percentage variation of -1.42%. This downward trend continues in the subsequent years: 548.95 Thousand Metric Tons in 2026 (-1.41% from the previous year), 541.26 Thousand Metric Tons in 2027 (-1.41%), and finally 533.72 Thousand Metric Tons in 2028 (-1.39%). The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 indicates an average annual decrease of -1.41%.
Key future trends to watch for include potential impacts of climate change on citrus yields, advancements in agricultural technology, and shifts in domestic and global consumer demand. Monitoring these factors will be crucial in anticipating further fluctuations in production volumes and developing strategies to mitigate potential negative impacts.
