Uruguay: Orange Market 2024

Orange Market Size in Uruguay

The Uruguayan orange market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, saw a pronounced curtailment. Orange consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Orange Production in Uruguay

In value terms, orange production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. Orange production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of oranges in Uruguay dropped to X tons per ha in 2022, with a decrease of X% on 2021. Overall, the yield saw a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The orange yield peaked 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 Uruguay; stabilizing at 2021. In general, the harvested area continues to indicate a slight curtailment. 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 attained the peak level of X ha. From 2014 to 2022, the growth of the orange harvested area remained at a somewhat lower figure.

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Orange Exports

Exports from Uruguay

In 2022, approx. X tons of oranges were exported from Uruguay; which is down by X% on 2021. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, orange exports fell dramatically to $X in 2022. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Brazil (X tons) and the Netherlands (X tons) were the main destinations of orange exports from Uruguay, together comprising X% of total exports.

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

In value terms, the United States ($X), Brazil ($X) and the Netherlands ($X) were the largest markets for orange exported from Uruguay worldwide, with a combined X% share of total exports.

Among the main countries of destination, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average orange export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price showed a mild decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Orange Imports

Imports into Uruguay

In 2022, after two years of growth, there was significant decline in supplies from abroad of oranges, when their volume decreased by X% to X tons. In general, imports, however, showed a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, orange imports shrank markedly to $X in 2022. Over the period under review, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted notably in the following year.

Imports by Country

Egypt (X tons) and Spain (X tons) were the main suppliers of orange imports to Uruguay.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%).

In value terms, the largest orange suppliers to Uruguay were Egypt ($X) and Spain ($X).

Egypt, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average orange import price amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price 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. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Egypt totaled $X per ton.

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

Source: IndexBox Platform

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