The grapefuit supply in China is predicted to see a steady increase from 2024 to 2028. This upward trend reflects a continued demand for the fruit. The supply stood at 5.4272 million metric tons in 2023. The year-on-year variations expected are:
- 2024: +1.32%
- 2025: +1.32%
- 2026: +1.29%
- 2027: +1.26%
- 2028: +1.23%
The Compound Annual Growth Rate (CAGR) from 2024-2028 is forecasted to be approximately 1.28%. This shows a consistent, albeit gradual growth in supply.
Future trends to watch for include potential fluctuations due to climate change, impacts of agricultural policies and trade regulations, and shifts in consumer preferences which could impact the supply and demand dynamics of the grapefruit market in China.
