Brazil's orange juice production experienced fluctuations over the past decade, peaking at 1.447 million metric tons in 2016, and declining to 1.0121 million metric tons in 2023. The year-on-year variations were significant, with a noteworthy 68.45% increase in 2016 and a sharp 29.15% decrease in 2019. The CAGR over the past five years up to 2023 was -5.23%, indicating a downward trend.
Future forecasts predict a continued decline in production, with volumes expected to reach 0.93526 million metric tons by 2028, at a forecasted 5-year CAGR of -1.26%. Notable trends include:
• Increasing variability in year-on-year production rates.
• A long-term decreasing trend in overall production volumes.
• Potential impacts from climatic changes and agricultural practices.