Tridge summary
Korea's citrus production for the Marketing Year 2020/21 is projected to increase by 4.5 percent to 660,000 MT, largely due to a larger crop of "Unshu" oranges in the northern Jeju island growing region. Consumption is expected to rise by 2.9 percent to 567,000 MT, driven by marketing of quality citrus and a decrease in the availability of competing domestic fruits. Fresh orange imports, primarily from the United States, are forecast at 115,000 MT for the same period.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Korea’s total citrus production for Marketing Year (MY) 2020/21 (October – September) is projected to reach 660,000 metric tons (MT). This 4.5 percent increase over MY 2019/20 volume is attributed to a larger open- field “Unshu” orange crop forecasted in the northern Jeju island growing region. Korea’s 2020/21 citrus consumption is projected to increase 2.9 percent to 567,000 MT due to increased marketing of quality citrus, and a 15 to 20 percent drop in availability of competing domestic fruit. Similar to last year’s trade, ...
Source: Calfreshfruit
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