In 2023, Brazil's grapefruit production stood at an actual figure that precedes the forecast figures from 2024 onwards. Analyzing the data from 2024 to 2028, the production of grapefruit in Brazil is projected to show a mild and steady increase year-on-year, with percentage changes suggesting a stable growth pattern. Over the five-year period, the compound annual growth rate (CAGR) indicates a gradual upward trend in production levels.
Future trends to watch for:
- Potential impacts of climate change on citrus yields.
- Market demand shifts resulting from global health trends favoring grapefruit consumption.
- Technological advancements or innovations in agricultural practices that could enhance productivity.
- Trade policy changes affecting export and import opportunities for Brazilian citrus products.
- Economic conditions influencing local and international supply chains and their implications on pricing.