The harvested production of processing-purpose peaches and nectarines in Spain has seen a continuous decline from 267.69 thousand metric tons in 2015 to 105.72 thousand metric tons in 2023. The most significant drops were observed over the last two years, with a 16.99% decrease in 2022 and a 4.46% reduction in 2023. The five-year CAGR up to 2023 was -15.79%, indicating a trend of decreasing production.
Future predictions suggest this downward trend will persist, with a drastic decline from 85.83 thousand metric tons in 2024 to 7.26 thousand metric tons in 2028. The forecasted five-year CAGR is -38.98%, which translates into a 91.54% reduction in production by 2028.
Future trends to watch include potential changes in climate conditions, economic shifts affecting agricultural investment, advancements in farming technology, and shifts in domestic and global market demand for peaches and nectarines.
