Based on the provided forecast data, the vegetable supply in Australia is expected to decrease steadily from 80.4 kilograms per capita per year in 2024 to 75.8 kilograms per capita per year in 2028. Comparing this to the actual supply for the year 2023, which stood at 81.5 kilograms per capita per year, there is a noticeable downward trend. This indicates a year-on-year percentage decrease of approximately -1.6% on average over this forecast period.
The year-on-year variation between 2024 and 2025 is -1.6%, between 2025 and 2026 is -1.5%, between 2026 and 2027 is -1.4%, and between 2027 and 2028 is -1.3%. The average compound annual growth rate (CAGR) over this 5-year period is -1.6%.
Future trends to watch for include potential changes in agricultural practices, technological advancements in crop production, climatic conditions, and government policies aimed at sustaining local vegetable production. These factors could influence the future trajectory of vegetable supply in Australia.
