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Market Data 11.02.2020

Argentina citrus annual

Fresh lemon production for MY 2019/2020 is forecast at 1.6 MMT, down 11 % from 2018/19, as trees cyclically lower production in response to a heavy blossom the prior marketing year. Orange and tangerine production is projected at 720,000 MT and 390,000 MT…

Argentina citrus annual
(Photo: FAS Buenos Aires)

Fresh lemon production for MY 2019/2020 is forecast at 1.6 MMT, down 11 % from 2018/19, as trees cyclically lower production in response to a heavy blossom the prior marketing year. Orange and tangerine production is projected at 720,000 MT and 390,000 MT, down 10 % and 13 % respectively, due to unfavorable weather conditions which affected fruit blossom.

MY 2019/2020 lemon exports are forecast at 300,000 MT, up 25% from 2018/19 primarily due to lower global supplies, reduced domestic demand for processing and expanded export market opportunities. Sweet citrus exports are expected to decrease slightly to 70,000 MT for oranges and 35,000 MT for tangerines. Smaller production and relatively high production costs have reduced Argentina’s ability to compete in international markets for sweet citrus against other Southern Hemisphere exporters, mainly South Africa.

Domestic consumption of lemons for MY 2019/2020 is forecast to remain stable at 150,000 MT, and fresh orange and tangerine consumption is projected to fall to 300,000 MT and 220,000 MT, respectively, due to smaller production.

Please download the full citrus crop production forecast: https://bit.ly/39q64da

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