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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 2021

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Orange Market Size in Latin America and the Caribbean

For the sixth consecutive year, the Latin American orange market recorded decline in sales value, which decreased by -X% to $X in 2019. In general, consumption, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market remained at a lower figure.

Orange Production in Latin America and the Caribbean

In value terms, orange production declined to $X in 2019 estimated in export prices. Overall, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

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), fourfold. 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 was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Argentina (+X% per year).

The average orange yield reached X tonnes per ha in 2019, approximately reflecting 2018 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The level of yield peaked in 2019 and is likely to continue growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of oranges were harvested in Latin America and the Caribbean; almost unchanged from the year before. Overall, the harvested area showed a slight reduction. The most prominent rate of growth was recorded in 2011 when the harvested area increased by X% y-o-y. The level of harvested area peaked 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

The country with the largest volume of orange production was Brazil (X tonnes), comprising approx. X% of total volume. Moreover, orange production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), fourfold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Brazil was relatively modest. 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 continue to indicate a mild curtailment. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, orange exports declined to $X in 2019. In general, exports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Chile (X tonnes), Argentina (X tonnes), Mexico (X tonnes), Uruguay (X tonnes) and Nicaragua (X tonnes) represented the largest exporter of oranges in Latin America and the Caribbean, generating X% of total export. Brazil (X tonnes) took the next position in the ranking, followed by Peru (X tonnes). All these countries together occupied near 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 expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: 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, almost unchanged from the previous year. In general, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, 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, the amount of oranges imported in Latin America and the Caribbean soared to X tonnes, picking up by X% against 2018 figures. Total imports indicated a resilient expansion from 2007 to 2019: its volume 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, imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, orange imports stood at $X in 2019. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

Mexico (X tonnes) and Brazil (X tonnes) were the main importers of oranges in 2019, resulting at near X% and X% of total imports, respectively. Costa Rica (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Ecuador (X%). The following importers - the Dominican Republic (X tonnes), Paraguay (X tonnes), Peru (X tonnes), Chile (X tonnes), Argentina (X tonnes) and Panama (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the biggest increases were in the Dominican Republic (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest orange importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Costa Rica ($X), with a combined X% share of total imports. Ecuador, Peru, the Dominican Republic, Chile, Panama, Argentina and Paraguay lagged somewhat behind, together comprising a further X Dominican Republic recorded the highest growth rate of 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, reducing by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne, and then declined 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), comprising approx. 66% of total volume. Moreover, orange consumption in Brazil exceeded the figures recorded by the second-largest consumer, Mexico (4.7M tonnes), fourfold. Argentina (955K tonnes) ranked third in terms of total consumption with a 3.7% 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), accounting for 65% of total volume. Moreover, orange production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (4.7M tonnes), fourfold. The third position in this ranking was occupied by Argentina (1M tonnes), with a 3.9% share.
What are the leading exporters of oranges in LatAmerica and the Caribbean?
+
In value terms, Chile ($74M) remains the largest orange supplier in Latin America and the Caribbean, comprising 37% of total exports. The second position in the ranking was occupied by Uruguay ($36M), with a 18% 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, the largest orange importing markets in Latin America and the Caribbean were Brazil ($23M), Mexico ($14M) and Costa Rica ($11M), with a combined 60% share of total imports. These countries were followed by Ecuador, Peru, the Dominican Republic, Chile, Panama, Argentina and Paraguay, which together accounted for a further 26%.
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 $512 per tonne in 2019, standing approx. at 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 $679 per tonne in 2019, falling by -13.5% 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 2007–2020
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 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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