China - Oranges - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Oranges - Market Analysis, Forecast, Size, Trends and Insights

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Orange Price in China - 2023

Contents:

  1. Orange Price in China (CIF) - 2023
  2. Orange Price in China (FOB) - 2023
  3. Orange Imports in China
  4. Orange Exports in China

Orange Price in China (CIF) - 2023

In September 2023, the average orange import price amounted to $1,020 per ton, waning by -9.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 25% month-to-month. As a result, import price attained the peak level of $1,363 per ton. From January 2023 to September 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Australia ($1,431 per ton), while the price for South Africa stood at $959 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+3.0%), while the prices for the other major suppliers experienced a decline.

Orange Price in China (FOB) - 2023

In September 2023, the average orange export price amounted to $1,159 per ton, jumping by 27% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 33% month-to-month. As a result, the export price reached the peak level of $1,567 per ton. From November 2022 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,453 per ton), while the average price for exports to Russia amounted to $823 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.3%), while the prices for the other major destinations experienced a decline.

Orange Imports in China

For the third year in a row, China recorded decline in purchases abroad of oranges, which decreased by -15.6% to 210K tons in 2022. Overall, imports continue to indicate a precipitous curtailment.

In value terms, orange imports reduced to $228M in 2022. Over the period under review, imports continue to indicate a abrupt slump.

Import of Orange in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1061071021173.3%
Egypt12688.166.836.2-34.0%
Australia75.057.843.435.6-22.0%
United States38.146.647.930.1-7.6%
Spain51.411.12.47.9-46.4%
Others3.02.52.00.9-33.1%
Total399314265228-17.0%

Top Suppliers of Orange to China in 2022:

  1. South Africa (117.0K tons)
  2. Egypt (47.6K tons)
  3. Australia (22.7K tons)
  4. United States (16.8K tons)
  5. Spain (4.9K tons)

Orange Exports in China

After three years of growth, shipments abroad of oranges decreased by -27.1% to 68K tons in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of 93K tons, and then contracted remarkably in the following year.

In value terms, orange exports dropped dramatically to $92M in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $155M, and then fell rapidly in the following year.

Export of Orange in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam44.866.610549.33.2%
Hong Kong SAR5.98.720.314.334.3%
Philippines6.39.39.78.912.2%
Singapore0.21.83.34.1173.7%
Thailand2.94.24.24.011.3%
Indonesia2.62.53.63.712.5%
Malaysia3.110.66.93.54.1%
Russia3.20.6N/A2.6-6.7%
Macao SAR0.10.20.70.571.0%
Myanmar17.51.00.5N/A-83.1%
Others0.54.60.70.711.9%
Total87.111015591.61.7%

Top Export Markets for Orange from China in 2022:

  1. Vietnam (37.1K tons)
  2. Hong Kong SAR (9.0K tons)
  3. Philippines (7.1K tons)
  4. Malaysia (3.0K tons)
  5. Thailand (2.8K tons)
  6. Singapore (2.6K tons)
  7. Indonesia (2.5K tons)
  8. Russia (1.7K tons)
  9. Macao SAR (1.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the orange market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 490 - Oranges

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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