The US apricot yield is projected to show a slight annual decline from 2024 to 2028. The year-on-year decrease is minimal, indicating stability with a mild downturn. Specifically, apricot yield is forecasted to drop from 105.9 thousand hectograms per hectare in 2024 to 103.18 thousand hectograms per hectare by 2028.
The compound annual growth rate (CAGR) for the 2024-2028 period indicates a continued average decrease. Key factors potentially influencing this trend include climate variability, soil health challenges, and agricultural practices.
Future trends to watch for include:
- Impact of climate change on agricultural outputs.
- Advancements in apricot cultivation technologies.
- Policy changes affecting agricultural investments and sustainability.