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Latin America and the Caribbean - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Orange Market Overview 2020

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Orange Market Size in Latin America and the Caribbean

The Latin American orange market declined to $X in 2019, shrinking by -X% against the previous year. Overall, consumption showed a noticeable downturn. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Orange Production in Latin America and the Caribbean

In value terms, orange production contracted slightly to $X in 2019 estimated in export prices. Overall, production continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2011 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2012 to 2019, production growth remained at a somewhat lower figure.

The country with the largest volume of orange production was Brazil (X tonnes), accounting for X% of total volume. Moreover, orange production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), threefold. Argentina (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Brazil stood at -X%. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Argentina (+X% per year).

In 2019, the average orange yield in Latin America and the Caribbean reached X tonnes per ha, stabilizing at the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011 when the yield increased by X% y-o-y. Over the period under review, the orange yield reached the maximum level in 2019 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of oranges production in Latin America and the Caribbean dropped slightly to X ha, shrinking by -X% on 2018. Over the period under review, the harvested area showed a mild curtailment. The pace of growth was the most pronounced in 2011 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to orange production reached the peak figure at X ha in 2008; however, from 2009 to 2019, the harvested area remained at a lower figure.

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) remains the largest orange producing country in Latin America and the Caribbean, accounting for X% of total volume. Moreover, orange production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), threefold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

In Brazil, orange production decreased by an average annual rate of -X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Argentina (+X% per year).

Orange Exports

Exports in Latin America and the Caribbean

In 2019, overseas shipments of oranges decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, exports showed a slight contraction. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, orange exports shrank significantly to $X in 2019. In general, exports saw a noticeable reduction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

The biggest shipments were from Chile (X tonnes), Argentina (X tonnes) and Nicaragua (X tonnes), together accounting for X% of total export. Mexico (X tonnes) held the next position in the ranking, followed by Uruguay (X tonnes), Brazil (X tonnes) and Peru (X tonnes). All these countries together occupied approx. X% share of total exports.

From 2007 to 2019, the biggest increases were in Nicaragua, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the largest orange supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total exports. It was followed by Argentina, with a X% share.

In Chile, orange exports increased at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Uruguay (-X% per year) and Argentina (-X% per year).

Export Prices by Country

The orange export price in Latin America and the Caribbean stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Uruguay ($X per tonne), while Nicaragua ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Uruguay, while the other leaders experienced a decline in the export price figures.

Orange Imports

Imports in Latin America and the Caribbean

In 2019, supplies from abroad of oranges was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, orange imports rose to $X in 2019. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

Imports by Country

Brazil (X tonnes) and Mexico (X tonnes) were the major importers of oranges in 2019, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Costa Rica (X tonnes) and Ecuador (X tonnes), together comprising a X% share of total imports. Peru (X tonnes), Guatemala (X tonnes), Chile (X tonnes), Paraguay (X tonnes), Argentina (X tonnes) and Panama (X tonnes) occupied a minor share of total imports.

From 2007 to 2019, the biggest increases were in Brazil, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Costa Rica ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Brazil saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the orange import price in Latin America and the Caribbean amounted to $X per tonne, dropping by -X% against the previous year. Import price indicated tangible growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, orange import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Peru ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ecuador, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oranges in LatAmerica and the Caribbean?
+
The country with the largest volume of orange consumption was Brazil (17M tonnes), accounting for 65% of total volume. Moreover, orange consumption in Brazil exceeded the figures recorded by the second-largest consumer, Mexico (4.8M tonnes), threefold. The third position in this ranking was occupied by Argentina (951K tonnes), with a 3.8% share.
What are the largest producers of oranges in LatAmerica and the Caribbean?
+
The country with the largest volume of orange production was Brazil (17M tonnes), comprising approx. 65% of total volume. Moreover, orange production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (4.8M tonnes), threefold. Argentina (1M tonnes) ranked third in terms of total production with a 4% share.
What are the leading suppliers of oranges in LatAmerica and the Caribbean?
+
In value terms, Chile ($74M) remains the largest orange supplier in Latin America and the Caribbean, comprising 38% of total exports. The second position in the ranking was occupied by Uruguay ($29M), with a 15% share of total exports. It was followed by Argentina, with a 15% share.
What are the leading importers of oranges in LatAmerica and the Caribbean?
+
In value terms, Brazil ($23M), Costa Rica ($17M) and Mexico ($13M) appeared to be the countries with the highest levels of imports in 2019, with a combined 63% share of total imports.
What is the average export price for oranges in LatAmerica and the Caribbean?
+
The orange export price in Latin America and the Caribbean stood at $479 per tonne in 2019, declining by -14.6% against the previous year.
What is the average import price for oranges in LatAmerica and the Caribbean?
+
The orange import price in Latin America and the Caribbean stood at $740 per tonne in 2019, reducing by -9.1% against the previous year.

Product coverage:
• FCL 490 - Oranges

This report provides an in-depth analysis of the orange market in Latin America and the Caribbean. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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