Forecast: Orange Juice Supply in Brazil

Brazil's orange juice supply fluctuated significantly over the past decade with notable peaks in 2016 and 2018. The year-on-year variations indicate periods of substantial growth, such as a 44.43% increase in 2016, and declines, like the 24.64% drop in 2015. The CAGR for the period from 2023 to 2028 is expected to be -2.54%, indicating a downward trend. In 2023, the supply stood at 1.1077 million metric tons, reflecting a recent decline. Future trends to watch for include potential impacts from climate change, global demand shifts, and possible advancements in agricultural technology that could either exacerbate or mitigate the projected decline.

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