Based on the data provided, the yield in Thousand Hectograms per Hectare for tangerines, satsumas, clementines, and mandarines in Australia shows a positive trend from 2024 to 2028. Here are the year-on-year variations:
- 2024 to 2025: (241.65 - 240.14) / 240.14 * 100 ≈ 0.63%
- 2025 to 2026: (243.12 - 241.65) / 241.65 * 100 ≈ 0.61%
- 2026 to 2027: (244.56 - 243.12) / 243.12 * 100 ≈ 0.59%
- 2027 to 2028: (245.97 - 244.56) / 244.56 * 100 ≈ 0.58%
The compound annual growth rate (CAGR) from 2024 to 2028 is calculated as follows: CAGR = [(245.97 / 240.14) ^ (1/4) - 1] * 100 ≈ 0.61% per year.
Future trends to watch for include the impact of climate change on crop yields, advancements in agricultural technology, and changes in global demand. Monitoring these factors will be crucial for accurately predicting future yields.
