U.S.: Orange Market 2024

Orange Market Size in the U.S.

In 2022, the U.S. orange market increased by X% to $X, rising for the fourth year in a row after six years of decline. Over the period under review, consumption, however, saw a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Orange Production in the U.S.

In value terms, orange production amounted to $X in 2022. Over the period under review, production continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. Orange production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of oranges in the United States reduced slightly to X tons per ha, stabilizing at the year before. Overall, the yield recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. The orange yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oranges production in the United States declined to X ha, remaining stable against the previous year. Over the period under review, the harvested area continues to indicate a slight slump. The pace of growth was the most pronounced in 2021 when the harvested area increased by X% against the previous year. The orange harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

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Orange Exports

Exports from the U.S.

In 2022, the amount of oranges exported from the United States dropped dramatically to X tons, declining by X% against 2021 figures. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, orange exports reduced dramatically to $X in 2022. In general, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), South Korea (X tons) and Hong Kong SAR (X tons) were the main destinations of orange exports from the United States, together accounting for X% of total exports. Japan, Mexico, China, Australia, Malaysia and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for orange exported from the United States were South Korea ($X), Canada ($X) and Japan ($X), with a combined X% share of total exports. Hong Kong SAR, China, Australia, Mexico, Malaysia and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average orange export price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Orange Imports

Imports into the U.S.

In 2022, approx. X tons of oranges were imported into the United States; increasing by X% on the previous year. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, orange imports expanded sharply to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Chile (X tons), Mexico (X tons) and South Africa (X tons) were the main suppliers of orange imports to the United States, together comprising X% of total imports. Morocco, Uruguay and Australia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest orange suppliers to the United States were Chile ($X), South Africa ($X) and Mexico ($X), with a combined X% share of total imports. Morocco, Uruguay and Australia lagged somewhat behind, together comprising a further X%.

Uruguay, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orange import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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