In 2023, the export volume of oranges and mandarines in Spain stood at the baseline level. Based on the forecasted data, the export volume for 2024 is projected to be 3.1 million metric tons. By 2025, this volume is expected to decrease slightly to 3.06 million metric tons, followed by a gradual decline each year, reaching 2.95 million metric tons by 2028.
Year-on-year analysis shows:
- 2024: [3.1]
- 2025: [3.06]
- 2026: [3.02]
- 2027: [2.98]
- 2028: [2.95]
The compound annual growth rate (CAGR) over the next five years suggests an average yearly decline.
Future trends to watch for include changing climate conditions affecting crop yields, shifts in global demand, potential trade policy changes, and advancements in agricultural technology. These factors will play a significant role in shaping Spain's export volumes of oranges and mandarines.
