Argentina: Citrus exports hit a 10-year low

Published 2024년 12월 3일

Tridge summary

Argentina's citrus exports have hit a 10-year low due to economic and climatic factors, with lemon exports to the European Union plummeting. However, exports to the United States have reached a record high. The low prices of industrial by-products have made it more profitable for producers to send oranges and mandarins to factories rather than export them fresh, resulting in a drop in orange exports. A decrease in lemon production is expected next year due to a six-year crisis and a recent frost in Tucumán. Argentina, which supplies two-thirds of the world market for industrial lemon derivatives, is set to face serious challenges if these issues are not resolved. The agreement with the United States to suspend tariffs based on maximum prices is being renegotiated due to the lack of alignment with market prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Affected by various economic and climatic factors, it is its lowest level in a decade. Citrus exports, which have historically been a pillar of the economy, fell to figures not seen in 10 years due to adverse conditions both internally and externally. To talk about this issue, Canal E contacted José Carbonell, president of the Argentine Citrus Federation, who commented that throughout this century, Argentina has experienced a significant decrease in its fruit exports, losing almost 50% in total. What is happening with lemon, orange and mandarin in the market According to the interviewee, this decline has been particularly marked in the case of lemon, whose exports to the European Union “collapsed this year.” However, in contrast, “the United States has been a favorable market, achieving a record in fresh lemon exports, with nearly 100,000 tons shipped,” he added. As for oranges and mandarins, “the situation is somewhat different” commented Carbonell because “they are going through ...

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