Orange juice exports in Brazil fall 26% in the first quarter of 2020/21, says CitrusBR

Published 2020년 10월 23일

Tridge summary

Brazilian orange juice exports dropped by 26% in the first quarter of the 2020/21 harvest, totaling 223,682 tons, due to a low fruit crop cycle and high foreign beverage stock levels. The previous harvest saw a 37.4% increase in production, allowing for the replenishment of low stocks, but the high production level has led to a decrease in shipments. The main export destination, Europe, saw a 17.6% reduction in shipments, while sales to the United States increased by 15.7%. Purchases from Japan rose by 61.7%, but those from China fell by 5.8%. Overall, sales of orange juice exports totaled US $ 316.7 million, a decrease from the previous year's US $ 528.2 million.

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Original content

Legend: The 2019/20 harvest, whose cycle was high, gave rise to a production of 1.2 million tons of juice, 37.4% above the previous period (Image: REUTERS / Paulo Whitaker) Brazilian exports of orange juice dropped 26% in the first quarter of the 2020/21 harvest, which started in July, to 223,682 tons, pressured by the low cycle in fruit crops combined with the high level of beverage stocks abroad, informed the association of the CitrusBR sector in this Thursday. In smaller crop years, juice shipments (FCOJ Equivalent to 66º Brix) are seasonally lower when compared to “full” seasons, said the executive director of CitrusBR, Ibiapaba Netto. The 2019/20 harvest, whose cycle was high, gave rise to a production of 1.2 million tons of juice, 37.4% above the previous period. According to Netto, with a high level of production it was possible to replenish stocks that were quite low in the same period last year. The replenishment of the reserves required a greater movement of juice from ...

Source: Brasilagro