The forecasted supply of tangerines and mandarins in South Korea shows a gradual decline from 2024 to 2028. In 2023, the actual supply stood at approximately 616.94 thousand metric tons. The year-on-year variations indicate a consistent decrease of about 0.16% annually from 2024 to 2028, resulting in an overall reduction of approximately 0.81% over this period. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -0.16%, suggesting a slight downward trend in supply.
Future trends to watch for include potential impacts of climate change on citrus production, advancements in agricultural technologies aimed at boosting yield, and shifts in consumer preferences that might influence demand and consequently affect supply dynamics. Monitoring these factors will be essential for anticipating changes in the tangerines and mandarins supply landscape in South Korea.
