Report Update Nov 1, 2024

Puerto Rico - Oranges - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Orange Market 2024

Orange Market Size in Puerto Rico

The Puerto Rican orange market declined to $X in 2021, falling by -9.1% against the previous year. Overall, consumption, however, saw a mild descent. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Orange Production in Puerto Rico

In value terms, orange production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29% against the previous year. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

In 2021, the average yield of oranges in Puerto Rico totaled X tons per ha, remaining stable against the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by 12%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the orange yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The orange harvested area in Puerto Rico contracted slightly to X ha in 2021, standing approx. at 2020 figures. In general, the harvested area saw a mild shrinkage. The growth pace was the most rapid in 2015 when the harvested area increased by 7.5%. The global harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Orange Exports

Exports by Country

The shipments of the three major exporters of oranges, namely Spain, Egypt and South Africa, represented more than half of total export. It was distantly followed by the United States (X tons), the Netherlands (X tons) and Greece (X tons), together making up a 16% share of total exports. The following exporters - Turkey (X tons), Australia (X tons), India (X tons), Italy (X tons), Portugal (X tons) and Morocco (X tons) - together made up 12% of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +20.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Egypt ($X) and South Africa ($X) were the countries with the highest levels of exports in 2021, with a combined 55% share of total exports. The United States, the Netherlands, Australia, Greece, Italy, Turkey, Portugal, Morocco and India lagged somewhat behind, together accounting for a further 32%.

India, with a CAGR of +16.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Orange Imports

Imports by Country

The countries with the highest levels of orange imports in 2021 were the Netherlands (X tons), Germany (X tons), France (X tons), Russia (X tons) and Saudi Arabia (X tons), together reaching 34% of total import. China (X tons), the UK (X tons), Bangladesh (X tons), the United States (X tons), Hong Kong SAR (X tons), Canada (X tons), Spain (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of +14.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 24% of total imports. Russia, China, Hong Kong SAR, Saudi Arabia, the UK, the United States, Canada, Spain, Poland and Bangladesh lagged somewhat behind, together accounting for a further 36%.

In terms of the main importing countries, Bangladesh, with a CAGR of +20.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oranges in the world?

The countries with the highest volumes of orange consumption in 2021 were Brazil, India and China, with a combined 45% share of global consumption.

What are the largest producers of oranges in the world?

The countries with the highest volumes of orange production in 2021 were Brazil, India and China, together comprising 45% of global production.

What are the leading suppliers of oranges to Puerto Rico?

In value terms, the largest orange importing markets into Puerto Rico were Germany, the Netherlands and France, together comprising 26% of total imports. These countries were followed by China, Russia, the UK, Saudi Arabia, the United States, Canada, South Korea, Spain, Poland and Bangladesh, which together accounted for a further 38%.

What are the leading importers of oranges from Puerto Rico?

In value terms, the largest orange supplying countries from Puerto Rico were Spain, South Africa and the United States, with a combined 56% share of total exports. These countries were followed by Egypt, the Netherlands, Australia, Greece, Italy, Chile, Turkey, Portugal, China and Morocco, which together accounted for a further 35%.

What is the average export price for oranges in Puerto Rico?

In 2021, the orange export price in Puerto Rico amounted to $less than 0.1 per ton, standing approx. at the previous year.

What is the average import price for oranges in Puerto Rico?

The orange import price in Puerto Rico stood at $less than 0.1 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the orange market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 490 - Oranges

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023