Forecast: Nuts Export Volume in Australia

The export volume of nuts in Australia has shown varying trends over the past decade. In 2023, the export volume stood at 152.0 thousand metric tons. Notably, the period from 2014 to 2015 experienced a significant increase of 33.33%, followed by a decline in the subsequent years. From 2019 onwards, the year-on-year variations have stabilized around 1.3%, with a Compound Annual Growth Rate (CAGR) of 1.51% over the last five years and 5.34% over the longer term. This indicates a steady but moderate growth trajectory.

Looking ahead, the forecasted data from 2024 to 2028 suggest a continued but slightly slower growth rate, with a forecasted 5-year CAGR of 0.89% and a total growth rate of 4.55% by 2028. This points to a persistent but moderate increase in the export volume of nuts.

Future trends to watch for include:

  • Potential impacts of climate change on nut production
  • Shifts in global demand and trade policies
  • Technological advancements in nut farming and processing
  • Market expansions or restrictions due to economic and geopolitical factors.

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