• Economy
  • Investing
Long Distance Investing
  • Stock
  • Editor’s Pick
Investing

Brazil’s orange juice exports plummet 20% amid agricultural and economic challenges

by January 15, 2025
written by January 15, 2025

Brazil, known as the world’s largest producer and exporter of orange juice, has seen a major decline in exports.

Brazil’s orange juice exports dropped by 19.7% in the first half of the 2024/25 crop season compared to the same period last year, Reuter reported cited data from exporters’ group CitrusBR.

The country exported approximately 535,600 metric tons of orange juice during this period, CitrusBR, which represents Brazilian citrus juice exporters, reported on Wednesday.

The global context of Brazil’s citrus industry

Brazil is the world’s largest producer and supplier of orange juice, the reduction in exports is particularly concerning, especially as frozen concentrated orange juice prices in New York have reached a historic high.

This price increase is primarily driven by a reduced orange supply from both Brazil and Florida, two key orange production regions.

In recent years, the market, which has been operating under supply constraints, has seen the emergence of alternatives for consumers.

Pressures on production and disease outbreaks

The steep decline in Brazilian orange juice exports is directly related to several negative variables influencing agricultural production.

A key region, that is primarily responsible for producing oranges for Brazil, has been severely afflicted by erratic weather, with drought and excessive rain wreaking havoc on agricultural cultivation.

The situation was exacerbated by the outbreak of greening disease, which caused widespread damage to orange trees and resulted in a significant loss in production.

According to the most recent predictions from Fundecitrus, a prominent citriculture research institute, the present crop yield in key Brazilian regions is seen at its lowest level in nearly 30 years.

This circumstance jeopardizes Brazil’s citrus sector’s long-term sustainability and resilience.

Industry insights on current challenges

According to Reuters, CitrusBR’s executive director, Ibiapaba Netto, assessed the market’s critical condition from a different angle.

He stated that the significant rate of drop in exports is due to overall decreasing consumption.

“The sector faces five cycles of small and medium crops and, according to international references, an unprecedented price rise that shows that demand decline is inevitable”, emphasized Netto.

Trade dynamics and economic outlook

In contrast to the anticipated and actual challenges linked with the reduction in exports, there is now a mini success story in terms of financial performance.

Data from the government and received from CitrusBR shows a surprising 42.7% increase in orange juice income from July to December, totalling $1.88 billion.

However, the surge is most likely the result of international prices increasing as customers responded to the overwhelming impact of constrained supplies.

Furthermore, Brazil continues to rely on the European market as its primary importer of orange juice, accounting for 42.7% of the total volume sent during that period.

This significant concentration on European markets represents a clear potential for Brazil to strengthen its trade ties and address local production challenges more effectively.

The post Brazil’s orange juice exports plummet 20% amid agricultural and economic challenges appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Whale Casino unveils transformative multiplayer game ‘Tribes’
next post
BTCS utilizes Rocket Pool to expand validators and enhance margins

You may also like

BC.GAME to host ‘Untamed Arena’ during TOKEN2049 Dubai,...

April 23, 2025

Keycard launches pre-sale for Shell: the most open,...

April 23, 2025

BA stock rises as Boeing reports smaller Q1...

April 23, 2025

US stocks surge at open: Dow climbs 2.4%,...

April 23, 2025

iExec launches 1M $RLC fund to support AI...

April 23, 2025

MEXC strengthens reserve backing with $390M asset increase

April 23, 2025

Oil prices rebound: what’s driving the rally and...

April 23, 2025

Silver rises with gold, but industrial demand outlook...

April 23, 2025

Lead Edge Capital founder Mitchell Green says recession...

April 23, 2025

Why is Toncoin price rising today?

April 23, 2025

BC.GAME to host ‘Untamed Arena’ during TOKEN2049 Dubai,...

April 23, 2025

Keycard launches pre-sale for Shell: the most open,...

April 23, 2025

BA stock rises as Boeing reports smaller Q1...

April 23, 2025

US stocks surge at open: Dow climbs 2.4%,...

April 23, 2025

iExec launches 1M $RLC fund to support AI...

April 23, 2025

MEXC strengthens reserve backing with $390M asset increase

April 23, 2025

Oil prices rebound: what’s driving the rally and...

April 23, 2025

Silver rises with gold, but industrial demand outlook...

April 23, 2025

Lead Edge Capital founder Mitchell Green says recession...

April 23, 2025

Why is Toncoin price rising today?

April 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

      June 12, 2025
    • U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

      June 11, 2025
    • Anacove expands hotel toilet leak detector availability to combat hidden profit loss from water waste

      June 11, 2025
    • Introducing the First-Ever Utility Meter to Satellite Communication

      June 11, 2025

    Categories

    • Economy (742)
    • Editor's Pick (391)
    • Investing (4,555)
    • Stock (820)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Longdistanceinvestings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 Longdistanceinvestings.com

    Long Distance Investing
    • Economy
    • Investing
    Long Distance Investing
    • Stock
    • Editor’s Pick