Lower Production of Fresh Oranges in Spain Have Skyrocketed Prices 120.9% YoY

Fresh Orange

Spain

Emerging Market Opportunities

Market & Price Trends

Bojan Mijatovic

Published May 22, 2023

The wholesale price of fresh oranges-Navel variety has increased by 9.56% WoW, up to USD 1.15/kg in W4 of May 2023. Adverse weather in the previous year decreased the yield of oranges in Spain, limiting supply, which has caused constant price growth during the last weeks.

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