Europe: Orange Market 2024

Orange Market Size in Europe

The Europe orange market fell modestly to $X in 2022, shrinking by -1.6% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Orange Production in Europe

In value terms, orange production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Spain (X tons), Italy (X tons) and Greece (X tons), with a combined 94% share of total production. Portugal lagged somewhat behind, comprising a further 5.5%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +5.6%), while production for the other leaders experienced more modest paces of growth.

The average orange yield contracted modestly to X tons per ha in 2022, waning by -2.2% against the previous year. The yield figure increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 12% against the previous year. Over the period under review, the orange yield hit record highs at X tons per ha in 2021, and then dropped modestly in the following year. 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 Europe; standing approx. at 2021 figures. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 1.3% against the previous year. Over the period under review, the harvested area dedicated to orange production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Orange Exports

Exports in Europe

In 2022, shipments abroad of oranges decreased by -6% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 8.7%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, orange exports shrank sharply to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain was the key exporting country with an export of about X tons, which recorded 64% of total exports. Greece (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (9.6%) and Portugal (5.7%). The following exporters - Italy (X tons) and France (X tons) - together made up 5.8% of total exports.

Spain experienced a relatively flat trend pattern with regard to volume of exports of oranges. At the same time, Portugal (+3.6%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in Europe, with a CAGR of +3.6% from 2012-2022. The Netherlands and France experienced a relatively flat trend pattern. By contrast, Italy (-1.6%) and Greece (-1.9%) illustrated a downward trend over the same period. While the share of Portugal (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Greece (-1.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest orange supplier in Europe, comprising 63% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total exports. It was followed by Greece, with a 7.4% share.

In Spain, orange exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (-0.2% per year) and Greece (-1.1% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, waning by -11.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 25%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the other leaders experienced more modest paces of growth.

Orange Imports

Imports in Europe

Orange imports contracted to X tons in 2022, which is down by -5.7% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 11% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, orange imports dropped to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X tons), the Netherlands (X tons), Russia (X tons) and Germany (X tons) represented roughly 51% of total imports in 2022. The UK (X tons) ranks next in terms of the total imports with a 6.9% share, followed by Italy (5.3%) and Poland (4.6%). The following importers - Spain (X tons), Portugal (X tons), Belgium (X tons), Romania (X tons), Sweden (X tons) and Switzerland (X tons) - together made up 15% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Portugal (with a CAGR of +6.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined 41% share of total imports. Russia, the UK, Italy, Poland, Spain, Belgium, Switzerland, Portugal, Romania and Sweden lagged somewhat behind, together comprising a further 43%.

Portugal, with a CAGR of +6.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, falling by -5.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by 20%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform