Spain - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in Spain - 2023
Contents:
- Orange Price in Spain (FOB) - 2023
- Orange Price in Spain (CIF) - 2022
- Orange Exports in Spain
- Orange Imports in Spain
Orange Price in Spain (FOB) - 2023
The average orange export price stood at $1,334 per ton in August 2023, rising by 5.3% against the previous month. In general, export price indicated temperate growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, orange export price increased by +60.1% against November 2022 indices. The growth pace was the most rapid in September 2022 when the average export price increased by 36% m-o-m. The export price peaked in August 2023.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Poland ($1,689 per ton), while the average price for exports to the UK ($1,004 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Orange Price in Spain (CIF) - 2022
In 2022, the average orange import price amounted to $792 per ton, surging by 1.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. As a result, import price reached the peak level of $984 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,185 per ton), while the price for Portugal ($710 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Orange Exports in Spain
In 2022, shipments abroad of oranges increased by 8.7% to 1.6M tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a perceptible downturn.
In value terms, orange exports shrank to $1.3B in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, the exports attained the peak of $1.5B. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Orange in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 309 | 388 | 407 | 323 | 1.5% |
| France | 282 | 360 | 359 | 303 | 2.4% |
| Netherlands | 92.7 | 99.3 | 91.4 | 88.0 | -1.7% |
| United Kingdom | 74.7 | 93.4 | 100 | 83.9 | 3.9% |
| Italy | 78.2 | 109 | 55.1 | 83.1 | 2.0% |
| Poland | 49.1 | 57.8 | 53.8 | 59.8 | 6.8% |
| Belgium | 37.6 | 57.5 | 54.9 | 42.3 | 4.0% |
| Canada | 28.9 | 20.1 | 20.9 | 37.9 | 9.5% |
| Sweden | 27.8 | 29.2 | 30.8 | 29.3 | 1.8% |
| Czech Republic | 17.5 | 15.3 | 18.4 | 19.2 | 3.1% |
| Portugal | 8.1 | 15.9 | 18.6 | 12.3 | 14.9% |
| Others | 241 | 221 | 206 | 207 | -4.9% |
| Total | 1,246 | 1,467 | 1,415 | 1,289 | 1.1% |
Top Export Markets for Orange from Spain in 2022:
- Germany (392.9K tons)
- France (378.2K tons)
- Italy (125.2K tons)
- Netherlands (117.3K tons)
- United Kingdom (97.2K tons)
- Poland (85.0K tons)
- Belgium (51.7K tons)
- Sweden (39.9K tons)
- Canada (36.6K tons)
- Portugal (31.1K tons)
- Czech Republic (26.3K tons)
Orange Imports in Spain
In 2022, purchases abroad of oranges decreased by -35.7% to 117K tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports reached the peak of 194K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, orange imports contracted rapidly to $93M in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. As a result, imports attained the peak of $191M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Orange in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 29.2 | 80.1 | 42.2 | 40.8 | 11.8% |
| Netherlands | 7.6 | 34.0 | 28.7 | 15.6 | 27.1% |
| Argentina | 21.9 | 6.5 | N/A | 9.0 | -25.7% |
| Morocco | 18.3 | 35.8 | 13.6 | 7.7 | -25.1% |
| South Africa | 16.3 | 3.6 | 16.6 | 5.3 | -31.2% |
| France | 5.1 | 5.8 | 2.9 | 5.2 | 0.6% |
| Germany | 1.6 | 1.3 | 3.1 | 3.5 | 29.8% |
| Uruguay | 9.3 | 2.8 | 4.8 | 2.6 | -34.6% |
| Others | 5.0 | 20.9 | 29.9 | 3.3 | -12.9% |
| Total | 114 | 191 | 142 | 92.9 | -6.6% |
Top Suppliers of Orange to Spain in 2022:
- Portugal (57.4K tons)
- Netherlands (16.3K tons)
- Argentina (12.4K tons)
- Morocco (10.5K tons)
- France (5.8K tons)
- South Africa (5.3K tons)
- Germany (3.0K tons)
- Uruguay (2.9K tons)
This report provides an in-depth analysis of the orange market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Throughout January-September 2021, Spain exported 1.09M tons of oranges, which was -8% less than in the same period last year. In value terms, the supplies abroad rose by +1% to $1.04B due to increasing prices. This year, the average export price for Spanish oranges grew steadily from $0.9 per kg in January to $1.3 per kg in September. Spain remains the leading supplier worldwide, accounting for 26% of global export volume. Germany, France and Italy are the major importers of Spanish oranges.
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In October 2022, the growth rate of Grapefruit reached a remarkable 638% compared to the previous month. However, in terms of value, Grapefruit exports dropped to $883K in August 2023.
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Throughout the review period, Lemon And Lime exports reached a peak of 741K tons in 2020. However, from 2021 to 2023, exports were at a lower level. In terms of value, Lemon And Lime exports significantly increased to $898M in 2023.
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During the period examined, Lemon And Lime exports remained steady. However, there was a significant increase in exports to $79M in October 2023.
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In October 2022, the export growth rate of Citrus Fruit was remarkably high, with a 254% increase compared to the previous month. However, by June 2023, the value of citrus fruit exports significantly declined to $150M.
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During the period analyzed, Mandarin and Clementine exports peaked at 1.6 million tons in 2013, but remained at a lower level from 2014 to 2023. In terms of value, exports of Mandarin and Clementine reached $1.6 billion in 2023.
115
Despite an overall mild shrinkage in exports, Mandarin and Clementine exports saw a significant increase in value, reaching $144M in October 2023.
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In October 2022, the mandarin and clementine price stood at $1,477 per ton (FOB, Spain), increasing by 10% against the previous month.
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Despite an expected global production growth in 2022, orange prices will moderately increase due to the rising cost of fertilizers, pesticides, energy and limited workforce. This year, the world’s orange output is forecast to rise by 3% y/y to 77M tons due primarily to expected favourable weather in Mexico, Brazil and Turkey.
