Spanish Orange Prices Increased 30% YoY in W10, Despite Low Demand

The second half of the 2022/23 Spanish orange campaign continues and is experiencing stagnation in demand in general. However, prices remain high at 30% above last year's prices due to a 40% loss of production expected for this stretch of the campaign. At this point in the previous campaign prices were around USD 0.74/kg EXW while in W10 of the current campaign, the price stood at USD 0.95/kg EXW for export quality oranges.