U.S. - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in the United States - 2023
Contents:
- Orange Price in the United States (FOB) - 2023
- Orange Price in the United States (CIF) - 2023
- Orange Exports in the United States
- Orange Imports in the United States
Orange Price in the United States (FOB) - 2023
In September 2023, the average orange export price amounted to $1,084 per ton, increasing by 6.1% against the previous month. Over the period under review, the export price, however, showed a perceptible shrinkage. The growth pace was the most rapid in November 2022 when the average export price increased by 11% m-o-m. The export price peaked at $1,589 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Japan ($4,193 per ton), while the average price for exports to Mexico ($817 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Orange Price in the United States (CIF) - 2023
The average orange import price stood at $1,169 per ton in September 2023, approximately reflecting the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 39% m-o-m. Over the period under review, average import prices attained the maximum in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Australia ($1,975 per ton), while the price for Uruguay ($736 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Morocco (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Orange Exports in the United States
In 2022, overseas shipments of oranges decreased by -27.9% to 336K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 3.3%. As a result, the exports attained the peak of 501K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, orange exports fell dramatically to $493M in 2022. Over the period under review, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%.
| Export of Orange in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 163 | 165 | 185 | 134 | -6.3% |
| Canada | 101 | 121 | 122 | 113 | 3.8% |
| Japan | 80.4 | 79.0 | 81.5 | 63.7 | -7.5% |
| Hong Kong SAR | 67.2 | 73.4 | 63.9 | 44.2 | -13.0% |
| China | 22.8 | 24.2 | 37.5 | 29.2 | 8.6% |
| Australia | 15.3 | 26.0 | 19.6 | 20.9 | 11.0% |
| Mexico | 14.2 | 15.2 | 19.3 | 20.9 | 13.8% |
| Taiwan (Chinese) | 12.7 | 9.8 | 12.0 | 11.4 | -3.5% |
| Others | 49.7 | 56.1 | 59.8 | 56.1 | 4.1% |
| Total | 527 | 570 | 600 | 493 | -2.2% |
Top Export Markets for Orange from the United States in 2022:
- Canada (78.8K tons)
- South Korea (77.1K tons)
- Hong Kong SAR (37.7K tons)
- Japan (36.6K tons)
- Mexico (27.4K tons)
- China (20.0K tons)
- Australia (12.4K tons)
- Taiwan (Chinese) (8.5K tons)
Orange Imports in the United States
In 2022, orange imports into the United States rose modestly to 231K tons, increasing by 3.5% against 2021 figures. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.9%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, orange imports stood at $231M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Orange in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 116 | 91.6 | 112 | 87.4 | -9.0% |
| South Africa | 30.6 | 50.0 | 46.7 | 58.5 | 24.1% |
| Mexico | 25.8 | 31.1 | 36.3 | 48.8 | 23.7% |
| Morocco | 7.4 | 2.9 | 3.1 | 21.3 | 42.2% |
| Uruguay | 1.4 | 1.4 | 2.3 | 5.0 | 52.9% |
| Others | 10.6 | 13.5 | 15.9 | 10.2 | -1.3% |
| Total | 192 | 191 | 216 | 231 | 6.4% |
Top Suppliers of Orange to the United States in 2022:
- Chile (73.9K tons)
- Mexico (69.4K tons)
- South Africa (54.8K tons)
- Morocco (18.9K tons)
- Uruguay (5.5K tons)
This report provides an in-depth analysis of the orange market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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