Based on historical data, the market size volume for oranges and mandarins in Australia stood at 283 thousand metric tons in 2023. Since 2014, the market has shown significant volatility, with a peak at 339 thousand metric tons in 2016 and a trough at 268 thousand metric tons in 2017. The year-on-year variations have fluctuated, ranging from an increase of 15.31% in 2016 to a decrease of 20.94% in 2017. Over the last five years, the compound annual growth rate (CAGR) declined by 0.96%.
Looking ahead, forecast data suggests a continued but modest decline in market volume, averaging a 0.58% decrease per year through 2028, leading to a total reduction of 2.85% over this period. Key future trends to watch include changing consumer preferences, potential impacts of climatic conditions on yield, and fluctuations in import/export dynamics that could affect market stability.
