The tangerines and mandarins for processing in Australia have demonstrated significant variability in production volume from 2013 to 2023. The volume sharply declined by 50% in 2014 and has remained consistently at 3.0 thousand metric tons from 2014 to 2023.
Year-on-year variation has been stable at 0% post-2013, with only a negligible dip in 2023 (-0.033%). The compound annual growth rate (CAGR) from 2013 to 2018 was -12.94%, but the five-year CAGR leading up to 2023 showed minimal change (-0.0067%).
Forward-looking forecasts from 2024 to 2028 predict steady volume at 3.0 thousand metric tons, with a forecasted five-year CAGR of -0.01%, indicating negligible change.
Future trends to watch for involve potential impacts from climate change, evolving agricultural practices, and changes in market demand for processed tangerines and mandarins.
