The revenue from orange juice exports increased by 5% in the first ten months of the harvest

Brazilian exports of Frozen Concentrated Orange Juice (FCOJ) totaled 813.7 thousand tonnes. They generated US$ 1.3 billion in the first ten months of the 2021/22 harvest, according to data from the Foreign Trade Secretariat (Secex) complied by CitrusBR. This entity represents Brazil’s three largest exporters (Citrosuco, Cutrale, and Louis Dreyfus Company). Compared to the same period last harvest cycle, the exported volume dropped 5.2%, while revenue increased by 5%, thanks to higher prices.

Given the adverse effects of the weather (drought and frost) on fruit production in the agricultural belt formed by São Paulo and Minas Gerais last year, producers had expected a drop in total volume.

See below the track record of Brazilian natural juice exports (including orange juice exports) in the period between January 2021 and March 2022 via Port of Santos, from where Cutrale ships most of its products abroad. The data is from DataLiner.

Brazilian natural juice exports | Jan 2021 – March 2022 | WTMT

Source: DataLiner (click here to request a demo)

Most important destinations

The main destination of Brazilian shipments of orange juice remains the European Union, which received 518 thousand tonnes between July 2021 and last May, down 5.3% from the previous cycle. The value of these sales receded 3.9% to US$ 853.4 million. In turn, in terms of exports to the United States, the figures indicate stable volumes (161.5 thousand tonnes), with values 18.9% higher (US$ 285.7 million).

According to CitrusBR, China bought 65.6 thousand tons, 50.9% more than in the first ten months of the 2020/21 harvest, with a revenue of US$ 78 million (up 53.6%). On the other hand, Imports from Japan reached 31.6 thousand tonnes, or US$ 52.1 million – drops of 14.9% and 0.3%, respectively.

The values are measured in tonnes equivalent to FCOJ but also include exports of ready-to-drink orange juice.

Source: Valor Econômico

To read the full original article, please go to:

https://valor.globo.com/agronegocios/noticia/2022/05/19/exportacao-de-suco-de-laranja-rendeu-5percent-mais-nos-dez-primeiros-meses-da-safra.ghtml

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