U.S.: Orange Market 2023

Orange Market Size in the U.S.

The U.S. orange market rose markedly to $X in 2022, picking up by 5.1% against the previous year. Overall, consumption, however, recorded a perceptible descent. Orange consumption peaked 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. In general, production, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 22% against the previous year. Orange production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average orange yield in the United States rose markedly to X tons per ha, with an increase of 8.1% against 2021 figures. Overall, the yield, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2019 when the yield increased by 41% against the previous year. Over the period under review, the average orange yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a 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, approx. X ha of oranges were harvested in the United States; leveling off at 2021. Over the period under review, the harvested area, however, continues to indicate a pronounced downturn. The orange harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Orange Exports

Exports from the U.S.

In 2022, orange exports from the United States contracted remarkably to X tons, falling by -27.9% compared with the previous year's figure. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 30% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, orange exports fell sharply to $X in 2022. In general, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 16% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

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 comprising 58% of total exports. Japan, Mexico, China, Australia, Malaysia and Singapore lagged somewhat behind, together comprising a further 32%.

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 +0.8%), 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), together accounting for 63% of total exports. Hong Kong SAR, China, Australia, Mexico, Malaysia and Singapore lagged somewhat behind, together accounting for a further 27%.

Mexico, with a CAGR of +7.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average orange export price stood at $X per ton in 2022, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue 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 (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Orange Imports

Imports into the U.S.

For the third year in a row, the United States recorded growth in supplies from abroad of oranges, which increased by 3.5% to X tons in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% 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 +3.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 19% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, orange imports rose remarkably to $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +21.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 37% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

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 accounting for 86% of total imports. Morocco, Uruguay and Australia lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of +57.8%), while purchases 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), together comprising 84% of total imports. Morocco, Uruguay and Australia lagged somewhat behind, together comprising a further 13%.

Uruguay, with a CAGR of +53.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average orange import price amounted to $X per ton, growing by 3.4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 17%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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