Forecast: Fresh Oranges Consumption in Canada

In 2023, Canada's fresh oranges consumption stood at 333.01 thousand metric tons, reflecting a year-on-year increase of 3.63% from 2022. Over the last two years, there were notable fluctuations: a decline of 5.05% in 2022 followed by the 2023 upturn. Observing the five-year compound annual growth rate (CAGR) from 2018 to 2023, we see an average annual increase of approximately 0.47%. Looking forward, the forecasted data from 2024 to 2028 show a modest, but steady growth trend with a forecasted CAGR of 0.27%, indicating a positive outlook with an anticipated overall growth rate of 1.35% over the five-year period.

Future trends to watch for include:

  • Potential impacts of climate change on orange production.
  • Shifts in consumer preferences towards alternative fruits or processed fruit products.
  • Trade policies and their effects on orange imports and pricing.

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