Lower Global Orange Production Leads to Price Increases of up to 20% YoY in 2022

Globally, orange and tangerine prices are 15–20% higher in 2022 than in 2021. According to producers, it has been several years since buying and selling transactions were concluded at such high prices. The high price is due to a scarcity of citrus fruits in Spain, which corresponds with a reduction in supply in a large part of the producing countries in the Mediterranean countries. Furthermore, Egypt's orange production is down this year, and Morocco has significantly less Nadorcott. Greece is an exception, with the normal production of Clemenules and Clemenvillas this year.