Over the past decade, the production of tangerines, satsumas, clementines, and mandarins in South Africa has shown a generally positive trend, increasing from 169.47 thousand metric tons in 2013 to 211.38 thousand metric tons in 2023. This represents an overall growth despite some minor fluctuations. For instance, there was a notable dip in 2020 with a -3.13% year-on-year decrease, contrasting with the strong recovery in 2021 at a 7.3% year-on-year increase. The compound annual growth rate (CAGR) over the last five years has been 1.96% up till 2023. Looking ahead, the forecasted CAGR for the next five years from 2024 to 2028 is slightly lower at 1.39%, indicating a potential slowing of growth, with an expected overall growth rate of 7.12% over this period.
- Key trends over the past decade: - 2013-2019: Steady annual increases, reflecting a positive growth trend. - 2020: A significant drop, suggesting possible market disruptions. - 2021-2023: Strong recovery and continued growth.
- Key variation metrics: - Highest recorded annual increase: 7.3% in 2021. - Notable CAGR over the last 5 years: 1.96% up to 2023.
Future trends to watch for include potential impacts of climate change on production, innovations in agricultural technology improving yields, and shifts in global market demand which could influence production volumes. Additionally, any changes in trade policies or tariffs could affect export dynamics, further influencing South Africa's production landscape.