The import of frozen vegetable mixtures to Australia is forecasted to decline steadily from 20.23 million kilograms in 2024 to 19.645 million kilograms by 2028. Compared to 2023, where the volume stood at 20.5 million kilograms, this represents a decrease. The year-on-year variation indicates a minimal but consistent reduction in imports, with a slight decline of approximately 0.75% each year from 2024 to 2028. Over the last two years, this represents a continued trend of decreasing imports as shown by the negative growth rates. The compound annual growth rate (CAGR) over the last five years has also been negative, indicating an average yearly reduction in import volume.
Future trends to watch for include potential changes in consumer preferences, domestic production capabilities, and international trade policies, all of which could impact the volume of frozen vegetable mixtures imported to Australia. Additionally, any significant disruptions in global supply chains or shifts in agricultural production due to climate change could further influence these trends.