USDA: China's orange production will increase this fiscal year 2023-2024

Published 2024년 1월 15일

Tridge summary

China's domestic orange production is expected to increase in 2023-2024 due to growth in key production regions, with Jiangxi province leading the way with an expected 15% increase in production. Heavy rains have contributed to higher production but are also expected to reduce the fruit quality, leading to a predicted decrease in navel orange prices. The strong domestic production is reducing the need for imported oranges, with a slight decline predicted for imports and stable exports expected.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a new report from the US Department of Agriculture (USDA), China's domestic orange production will increase in 2023-2024 (12 months to October 31, 2024) to 7.63 million tons driven by growth in key production regions. According to Fruitnet, Jiangxi province, which is the largest producer of Navel oranges in China, will contribute to this figure with an expected increase of 15% due to heavy rains from July to September and the replanting of trees after attacks of the disease. greening of citrus fruits that will bear more fruit. While this rain has contributed to higher production, it is expected to reduce the Brix level of the fruit, which will reduce overall quality. In contrast, the Hunan and Hubei regions are expected to have improved fruit quality this season, although production levels remain the same. Lower Brix levels are likely to impact navel orange prices, with packers and distributors predicting a drop of 12 to 30% year-on-year. The USDA report indicated ...

Source: Portaldelcampo