The demand for oranges and mandarins in Canada is forecasted to see a steady and minimal increase from 2024 to 2028. Specifically, the data shows a consistent year-on-year rise in demand by approximately 0.17%, reaching a projected 597.0 thousand metric tons by 2028. This trend indicates a stable market with gradual growth over the five-year forecast period. Looking back at 2023, the demand stood at 592.0 thousand metric tons. Over the last two years, the increase has been similarly steady, pointing towards a stable consumption pattern. The compound annual growth rate (CAGR) over the last five years remains low at 0.17%, reflecting a mature market with limited fluctuation.
Future trends to watch for include shifts in consumer preferences, potential impacts of climate change on citrus production, and economic factors such as changes in disposable income and import regulations that could affect supply and pricing. Attention should also be given to developments in health and wellness trends which may further influence demand for citrus fruits such as oranges and mandarins.
