W51: Orange Weekly Report
Global
Lower Global Orange Production Leads to Price Increases of up to 20% YoY in 2022 (Dec 19)
Globally, orange and tangerine prices were 15–20% higher in 2022 than in 2021. According to producers, it has been several years since buying and selling transactions were concluded at such high prices. The high price is due to a scarcity of citrus fruits in Spain, which corresponds with a reduction in supply in a large part of the producing countries in the Mediterranean countries. Furthermore, Egypt's orange production is down this 2022, and Morocco has significantly less Nadorcott. Greece is an exception, with normal production in Clemenules and Clemenvillas this 2022.
Brazil
Orange Harvest 2022/23 in the Citrus Belt of SP and MG Is Reestimated at 314.11M Boxes in Brazil (Dec 22)
The major orange-producing area in the world, the citrus belt of Sao Paulo and Triângulo/Southwest Mineiro, announces the second re-estimate of the 2022/23 orange crop on December 12, 2022. This harvest is expected to be 314.11M boxes of 40.8kg.
India
Oversupply of Egyptian Navel Oranges Expected in December 2022 to January 2023 in the Indian Market (Dec 19)
India is a major importer of Valencia oranges from Egypt. But this 2022, the import of Navel Oranges has also picked up. Most importers have booked containers for the season in the first week of December 2022. Containers will start landing in India in the last week of December 2022, and importers are expecting a sharp drop in prices when the containers reach. Prices may drop from USD 19.34/15kg box (INR 1,600/15kg box)to USD 13.29/15kg box (INR 1,100/15kg box) in the coming weeks.
Spain
In the EU, Spain is the region that produces the most citrus, and it also exports most of this fruit globally. According to a branch operator, the nation harvests roughly 7M tons of citrus, of which about 600K tons go to the processing business every year. In general, the juice business in Spain accepts all fruit that cannot be offered fresh, except for some particular cultivation projects meant specifically for processing. In 2022, however, there was a considerable decline in yields that influenced the amount of fruit going to the processing business.
Australia
State of Australian Citrus Exports as of W50 (Dec 20)
As of W50 of 2022, there were 217,699T of oranges and mandarins shipped from Australia, which is a decline from the 239,030T exported at W50 of 2021. Breaking that down further; orange exports alone in 2022 are 143,637T compared to 160,62T, while mandarins had slightly less of a decline from 78,404T in 2021 down to 74,062T in 2022.
Egypt
Egyptian Orange Harvest 20% Higher (Dec 22)
According to FAS Cairo, the output of oranges will reach 3.6M MT in MY 2022–2023, up over 20% from the prior prediction of 3.0M MT. The boost in productivity is attributable to the trees' blooming occurring during ideal weather and temperature conditions, which improved fruit set and yield.
Italy
First Sicilian Blood Oranges on the Shelf in Italy (Dec 21)
On December 19, 2022, the PGI Blood Orange season in Sicily officially began. Due to the unique climatic circumstances in the growing region near Mount Etna, this Sicilian citrus is renowned across the world for its quality and beneficial qualities. The fruit returned to Italian tables before Christmas.
Vietnam
Active Output of Oranges From Ham Yen District in Vietnam (Dec 21)
In December, the orange grove of Ham Yen district begins to harvest. All promotional activities, advertising, and market access plans have started, all to bring Ham Yen oranges to expand the consumption market. Over 6,155ha of oranges will be grown in the Ham Yen district in 2022, of which 5,696ha will be harvested (a decrease of 1K ha YoY). The production yield is forecasted to be 130 quintals/ha, with a total output of 74.2K T.
