In 2023, the apples production at farm gate in South Africa was valued at 658.39 million Euros. Forecasted data shows a consistent year-on-year growth, with values progressing as follows: 672.98 million Euros in 2024, 687.78 million Euros in 2025, 702.5 million Euros in 2026, 717.15 million Euros in 2027, and 731.73 million Euros in 2028. From 2023 to 2024, the increase is 2.22%, from 2024 to 2025 it is 2.20%, from 2025 to 2026 it is 2.14%, from 2026 to 2027 it is 2.07%, and from 2027 to 2028 it is 2.03%. The compound annual growth rate (CAGR) over the five-year period is around 2.13%.
Future trends to watch for:
- Changes in weather patterns and their impact on agriculture.
- Advancement in agricultural technology and practices.
- Market demand fluctuations both domestically and internationally.
- Economic stability and its effect on export opportunities.
- Policy changes related to agriculture and trade.
