The citrus yield in Vietnam has seen fluctuations over the years, starting from 119.77 thousand hectograms per hectare in 2013 and reaching 133.16 thousand hectograms per hectare in 2023. The year-on-year variation has demonstrated significant volatility. For instance, 2013 saw a modest growth of 0.2%, while 2018 experienced a significant drop of 20.55%. More recent years show a return to steady growth, with a 1.17% increase in 2023. The 5-year CAGR leading up to 2023 stands at 5.36%, indicating consistent improvement post-2018 declines.
Looking ahead, the forecasted data points to continued growth in citrus yields, with yearly increases leading to an estimated 141.21 thousand hectograms per hectare by 2028. The projected 5-year CAGR is 0.93%, with an overall 4.71% growth rate across this period. These figures suggest a trend of moderate and consistent growth in the near future.
Future trends to watch for include:
- Adoption of advanced agricultural practices and technologies.
- Potential impacts of climate change on yield variability.
- Shifts in domestic and international demand for citrus products.
- Government policies and investment in agricultural infrastructure.
