Oranges: Prices Rise As Supply Drops

The projected 16% drop in orange production in the state of Florida in the 2015-16 season will drive up the international price of fruit concentrate.

Thursday, July 14, 2016

The Department of Agriculture reported that orange production in Florida will be reduced by up to 90 million cases in the 2015-2016 season, 16% less than in the previous season, when 96.8 million cases were produced. 

It is expected that this decline in production will have a direct effect on the international price of orange concentrate, which could even go above the levels reached in early 2014, when the yellow dragon plague took hold in plantations the US.
 
Nacion.com reports that in Costa Rica alone  "... 21,923 hectares of citrus are grown, according to the agricultural statistics bulletin from the Ministry of Agriculture and Livestock."

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More on this topic

Can Nicaragua Export More Citrus?

February 2018

In the last five years, exports of oranges amounted to only $49 million, but the union of exporters believes that markets such as the United States and Europe are not yet being fully exploited.

Increasing the cultivated area to take advantage, for example, of the negative effect of the climatic phenomena on orange plantations in Florida, USA, is one of the suggestions of the Association of Producers and Exporters of Nicaragua (APEN) to increase business for citrus growers.

Nicaragua: Orange Exports are Growing

December 2016

In the first ten months of the year orange exports were up 35% in value and 54% in volume compared to the same period in 2015.

The improved results, thanks to better crop productivity, have created an opportunity to increase export sales of this fruit in larger markets, for which reason it is important to continue preparing and incorporating technology and facilities in the sector. 

Sharp Rise in International Price of Orange Juice

January 2014

The decline in the U.S. supply caused by the effects of a pest in plantations in Florida, creates opportunities for Central American producers.

An attack of the yellow dragon disease in plantations in the state of Florida, the second largest supplier of orange juice, caused a decrease in supply resulting in a price increase.

Orange Producing Sector in Costa Rica Grows Stronger

April 2013

Following a major depression in 2011, when production fell by 36% and the area sown by 12%, exports in 2012 returned to traditional levels.

"The recovery is due to higher productivity per area planted, because last year there was still a drop in the number of hectares planted", reported Nacion.com.

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