In 2023, the citrus yield in South Africa stood at 345.75 thousand hectograms per hectare. The data from the past decade shows fluctuations with a general upward trend in recent years. The year-on-year variation shows that the trend has been relatively stable, with moderate increases in the last two years (+0.69% in 2022 and +0.67% in 2023). The Compound Annual Growth Rate (CAGR) for the last 5 years was 0.57%, indicating a steady, albeit slow, increase.
Forecasts suggest a consistent growth, with the yield expected to reach 357.78 thousand hectograms per hectare by 2028. The forecasted 5-year CAGR is 0.54%, with an expected growth rate of 2.73% over this period.
Future trends to watch for:
- Impact of climate change on citrus yields.
- Advancements in agricultural technologies and practices.
- Economic and policy changes affecting the agricultural sector.
- Market demand fluctuations both locally and internationally.