Based on the forecasted data:
- 2024: 136.25 Thousand Metric Tons
- 2025: 133.63 Thousand Metric Tons
- 2026: 131.07 Thousand Metric Tons
- 2027: 128.55 Thousand Metric Tons
- 2028: 126.08 Thousand Metric Tons
The year-on-year percentage variations are:
- 2025: -1.92%
- 2026: -1.91%
- 2027: -1.92%
- 2028: -1.92%
The Compound Annual Growth Rate (CAGR) over the five years is -1.92%.
Future Trends to Watch
Production of nectarines and peaches in South Africa is forecasted to decline steadily at an average annual rate of -1.92% from 2024 to 2028, likely due to changing climate conditions, water scarcity, and potential shifts in agricultural focus. Key trends to monitor include advancements in agricultural technology, shifts in export demand, and the impact of climate change on crop yields.