The import volume of prepared or preserved fruit mixtures to Australia witnessed several fluctuations from 2013 to 2023. In 2023, the import volume stood at 8.8974 Million Kilograms, with a year-on-year growth of 1.61%. The five-year Compound Annual Growth Rate (CAGR) was 3.23%, indicating moderate growth over the last five years. This period saw various declines and recoveries, with notable growth in 2015 and 2016, followed by variable trends.
Looking ahead, forecasts suggest a steady rise in the import volume, growing to 9.5594 Million Kilograms by 2028. The anticipated five-year CAGR from 2024 to 2028 is 1.13%, indicating a more stable but modest growth trajectory. The projected total growth rate over these five years is 5.8%.
Future trends to watch for include:
- Potential impacts of global trade policies and tariffs on import volumes.
- Consumer preferences shifting towards healthier or more diverse fruit mixtures.
- Technological advancements in food preservation that might affect supply chains.
- Environmental concerns influencing import and export regulations.