Forecast: Orange Juice Production in Brazil

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.

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