Large Volumes of South African Oranges Put Downward Pressure on Prices in EU Markets
Fresh Orange
South Africa
Regulation & Compliances
Market & Price Trends
Fernando Dupuis
Published Oct 17, 2022
It was expected that the European market would receive large volumes of oranges from South Africa before the entry into force of the so-called duty deadline in W42. Despite the phytosanitary restrictions imposed by the EU, South Africa continues to be one of the main suppliers of oranges to EU markets. According to an importer located in the South of the Netherlands, and a specialist in citrus, during W41 approximately 1,200 million boxes of juice oranges arrived in Europe, primarily of the Valencia variety.
Resultantly, prices have fallen due to the oversupply of oranges. Prices were initially expected to remain around EUR 1.00/kg for category 1. However, prices have been slightly lower, around EUR 0.93/kg for category 1 and around EUR 0.86/kg for category 2 while oranges for industrial use (packed in bins) have been offered at EUR 0.75/kg. This pressure should continue for the next two to three weeks, once stocks decrease and balance returns to the market. Despite the large volumes, a good volume turnover is reported in the market and promotions with supermarkets are planned until the end of November.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.