Supply Shortage Spurs Significant Price Surge in Brazilian Orange Juice Market

Orange Juice

Brazil

Market & Price Trends

Mzingaye Ndubiwa

Published Oct 30, 2023

The Brazilian orange juice market has encountered a notable price surge over the past month, primarily attributed to a supply shortage within the domestic market. This shift in pricing dynamics has seen wholesale rates for orange juice from the Rio Grande do Sul market rise substantially by 20.2%. From the BRL 2.08/kg recorded on September 25, the price ascended to BRL 2.50/kg by October 23.

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