Brazil’s orange juice exports surge in revenue despite declining volumes
Nov, 19, 2024 Posted by Sylvia SchandertWeek 202444
Regular rains and mild weather were registered in late October in the citrus belt of São Paulo state and Triângulo Mineiro, the biggest orange producer for the juice industry. This scenario has helped to bring relief for trees that were affected by the lack of rain and high temperatures.
2024/25 Season
Even with the return of rainfall, the current orange crop has presented low quality. Still, rains in October may improve the quality of fruits that are still on the trees. It is worth noting that the orange crop started in June this year and may finish between December and January/25. As for Tahiti lime (the main season starts between November and December), weather conditions may favor the development, since fruits are currently below the standard.
Exports
The revenue obtained by Brazilian exporters with orange juice shipments in the partial of the 2024/25 crop (from July/24 to September/24) totaled USD 905.3 million, for an increase of 42.3% compared to the same period of the last season (USD 636.1 million), according to Comex Stat.
The chart below explores fruit and vegetable juice exports from Brazilian ports between January 2021 and August 2024. The data is from DataLiner.
Juice Exports from Brazilian Ports | Jan 2021 – Aug 2024 | WTMT
Source: DataLiner (click here to request a demo)
The volume of orange juice exported by Brazil, in turn, continues decreasing, as it has been verified since the 2023/24 crop. From July to September/24, Brazil shipped 207.5 thousand tons of orange juice, downing 27% concerning the same period in 2023.
The lower volume exported is linked to the limited supply. Weather adversities have been hampering production for five consecutive seasons, which resulted in restricted inventories of juice.
Source: Fresh Plaza
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