Guam: Orange Market 2020

Orange Market Size in Guam

The revenue of the orange market in Guam amounted to $X in 2018, coming down by -X% against the previous year. Overall, orange consumption, however, continues to indicate remarkable growth. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Guam orange consumption peaked at $X in 2017, and then declined slightly in the following year.

Orange Production in Guam

In value terms, orange production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated resilient growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orange production decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. Guam orange production peaked at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Average yield of oranges in Guam stood at X kg per ha in 2018, approximately equating the previous year. Over the period under review, the orange yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of oranges were harvested in Guam; approximately equating the previous year. Overall, the orange harvested area continues to indicate a relatively flat trend pattern.

Orange Exports

Exports from Guam

In 2018, the amount of oranges exported from Guam totaled X kg, remaining stable against the previous year. Overall, orange exports, however, continue to indicate a dramatic deduction. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Guam exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, orange exports stood at $X in 2018. Overall, orange exports, however, continue to indicate a sharp drop. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Guam exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Spain (X tons), South Africa (X tons) and Egypt (X tons) represented roughly X% of total exports of oranges in 2018. It was distantly followed by the U.S. (X tons), constituting an X% share of total exports. The Netherlands (X tons), Greece (X tons), Turkey (X tons), Australia (X tons), China, Hong Kong SAR (X tons), Morocco (X tons), Portugal (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), South Africa ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. The U.S., the Netherlands, Australia, China, Hong Kong SAR, Greece, Turkey, Italy, Portugal, Morocco and Guam lagged somewhat behind, together accounting for a further X, Hong Kong SAR experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The orange export price in Guam stood at $X per ton in 2018, coming down by -X% against the previous year. In general, the export price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orange export price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. Over the period under review, the export prices for oranges reached their maximum at $X per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Australia ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced more modest paces of growth.

Orange Imports

Imports into Guam

In 2018, the orange imports into Guam stood at X tons, dropping by -X% against the previous year. Overall, orange imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, orange imports attained their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, orange imports stood at $X in 2018. Overall, orange imports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, orange imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of orange imports in 2018 were France (X tons), the Netherlands (X tons), Germany (X tons), Russia (X tons), China (X tons), China, Hong Kong SAR (X tons), the UK (X tons), Iraq (X tons), Italy (X tons), South Korea (X tons), the U.S. (X tons) and Saudi Arabia (X tons), together amounting to X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iraq, while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. China, Hong Kong SAR, China, Russia, the UK, South Korea, Italy, the U.S., Saudi Arabia, Iraq and Guam lagged somewhat behind, together accounting for a further X recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The orange import price in Guam stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the orange import price, however, continues to indicate a moderate shrinkage. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the import prices for oranges reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform