Brazil's concentrated citrus juice exports to the US have demonstrated significant growth fluctuations from 2013 to 2023. The value in 2023 stood at $9,920 thousand, reflecting a 4.27% year-on-year increase and a -1.19% CAGR over the last five years. After peaking at $18,270 thousand in 2017, the values saw a decline until 2019 but recovered and stabilized subsequently. The forecast data projects a modest annual growth rate with a forecasted 5-year CAGR of 2.87% and a 15.19% total growth by 2028.
Future trends to watch for:
- Potential impact of global economic conditions on export volumes
- Changes in US consumer preferences for citrus juices
- Effects of climatic changes on citrus production in Brazil
- Shifts in trade policies between the US and Brazil
