Citrus: Moroccan export forecast revised downwards

Published 2021년 6월 21일

Tridge summary

The USDA has lowered its forecast for Moroccan citrus exports due to local demand and competition from other Mediterranean countries. Despite favorable weather conditions for production this season, exports of fresh oranges and fresh lemon/lime are projected to be slightly lower than last year. This revised forecast contradicts earlier predictions of significant growth in the 2020/21 marketing year. However, official Moroccan production data for oranges, lemons, mandarins, and orange juice remains unchanged.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Moroccan citrus export forecast has been revised down by the USDA due to strong local demand and competition from other countries in the Mediterranean region. Year-on-year estimates from the citrus industry suggest that fresh orange and fresh lemon / lime exports are slightly lower in 2020/21, according to a USDA GAIN report. Moroccan citrus exports were expected to experience exponential growth in the 2020/21 marketing year, according to a report published in December. At the time, the analysis said that exports of soft fruits, oranges and lemons / limes were expected to increase. However, the most notable changes were expected to be seen in the export of oranges and soft fruits. Moroccan citrus production this season, which is not over yet, has benefited from better weather and consistent rainfall, according to the latest USDA report. However, estimates for oranges, lemons, mandarins and orange juice remain unchanged, based on new official ...

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