The demand for oranges and mandarines in India has shown gradual growth from 2014 to 2023. In 2023, the demand stood at 8.61 million metric tons. Year-on-year variations have been relatively modest, with notable fluctuations such as the 9.96% increase in 2018, indicating a significant short-term growth spurt. The average variation per year over the last five years ending in 2023 was relatively low at 0.39%. The demand continuously increased with minor fluctuations, reflecting stable growth underpinned by increasing consumer preferences and population growth.
Forecasted data suggests the demand will reach 8.97 million metric tons by 2028, reflecting an average annual growth (CAGR) of 0.64% over the next five years. This represents a total growth of 3.24%, indicating sustained but moderate growth in the near future.
Future trends to watch for include:
- Future shifts in consumer health consciousness could affect demand dynamics.
- Climate change impacts on citrus production influencing supply.
- Policy changes related to agriculture and import/export regulations.
