Global citrus fruit trends focus on oranges: January to March 2023
Fresh Orange
Fruits
Published Mar 7, 2023
Tridge summary
Global and European context. World orange production in 2022/23 is estimated at 47.5 million tonnes, down 5% compared to the 2021/22 campaign, due to reduced harvests in the European Union, Brazil and the USA. Production in the European Union is estimated at 5.9 million tons -13% compared to the previous campaign due to the adverse climatic conditions recorded in Spain and Italy during 2022.Production situation in Italy.
Original content
An initial balance indicates for 2022/23 a very substantial reduction in the orange harvest compared to the previous year (-25%). Price trend. The contraction of the national and European offer has led to a generalized appreciation of the price lists at the origin of oranges compared to the 2021/22 campaign. The increase in prices was noted on the main markets and for the most important varieties. Foreign trade. The data relating to the first two months of the current campaign, consistently with the scarce availability of the national product, show a sharp increase in orange imports and a drop in shipments abroad.Domestic purchases. The reduction in the supply of national oranges is also reflected in the data relating to the purchases of packaged oranges between October 2022 and January 2023, which recorded a drop of 5.8% on an annual basis. However, the increase in the average selling price, +8% on an annual basis, led to an increase in spending of 1.8%.Prospects. In ...
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