Global Orange Market 2024

Orange Market Size

The global orange market expanded modestly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the global market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Orange Production

In value terms, orange production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, global production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Brazil (X tons), India (X tons) and China (X tons), with a combined X% share of global production.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average yield of oranges amounted to X tons per ha, approximately reflecting the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. The global yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global harvested area of oranges reduced slightly to X ha, leveling off at the year before. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the global orange harvested area remained at a lower figure.

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Orange Exports

Exports

In 2022, approx. X tons of oranges were exported worldwide; waning by X% against 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the global exports failed to regain momentum.

In value terms, orange exports contracted to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the global exports failed to regain momentum.

Exports by Country

In 2022, Spain (X tons) and South Africa (X tons) represented the largest exporters of orangesin the world, together amounting to approx. X% of total exports. Egypt (X tons) took the next position in the ranking, followed by the United States (X tons) and the Netherlands (X tons). All these countries together took approx. X% share of total exports. Greece (X tons), Turkey (X tons), Australia (X tons), Portugal (X tons), Morocco (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest orange supplying countries worldwide were Spain ($X), South Africa ($X) and Egypt ($X), together accounting for X% of global exports. The United States, the Netherlands, Australia, Greece, Italy, Portugal, Turkey and Morocco lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average orange export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Orange Imports

Imports

In 2022, approx. X tons of oranges were imported worldwide; with a decrease of X% compared with 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Global imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, orange imports dropped to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of global imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of orange imports in 2022 were the Netherlands (X tons), France (X tons), Germany (X tons), Saudi Arabia (X tons), Russia (X tons), the UK (X tons), the United Arab Emirates (X tons), the United States (X tons), Iraq (X tons), Bangladesh (X tons), China (X tons) and Italy (X tons), together recording X% of total import. Hong Kong SAR (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of global imports. Hong Kong SAR, Saudi Arabia, the United States, China, Russia, the UK, the United Arab Emirates, Italy, Bangladesh and Iraq lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average orange import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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