The forecasted import volumes in Australia for oranges and mandarines are as follows: 64.0 thousand metric tons in 2024, 62.0 in 2025, 60.0 in 2026, 58.0 in 2027, and 56.0 in 2028. This represents a year-on-year percentage decline of 3.13% across the years forecasted. The Compound Annual Growth Rate (CAGR) over the 5-year forecast period is approximately -3.32%, indicating a steady decrease in import volume.
Future Trends to Watch
Future trends to monitor include potential changes in domestic production capacity, fluctuations in international trade policies, and shifts in consumer preferences toward locally-sourced produce, which could further impact import volumes.
