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Market Data 07.11.2024

Brazil: Rains in the citrus belt bring expectations of a recovery in supply in 2025

Regular rains and mild weather were registered in late October in the citrus belt of São Paulo state and Triângulo Mineiro, the biggest orange producer for the juice industry. This scenario has helped to bring a relief for trees …

Brazil: Rains in the citrus belt bring expectations of a recovery in supply in 2025
(Photo: AdobeStock_219195948)

Regular rains and mild weather were registered in late October in the citrus belt of São Paulo state and Triângulo Mineiro, the biggest orange producer for the juice industry. This scenario has helped to bring a relief for trees that were affected by the lack of rains and high temperatures.

2024/25 season

Even with the return of rainfall, the current orange crop has presented low quality. Still, rains in October may improve the quality of fruits that are still on the trees. It is worth noting that the orange crop has started in June this year and may finish between December and January/25. As for tahiti lime (the main season starts between November and December), weather conditions may favor the development, since fruits are currently below the standard.

Exports

The revenue obtained by Brazilian exporters with orange juice shipments in the partial of the 2024/25 crop (from July/24 to September/24) totaled USD 905.3 million, for an increase of 42.3 % compared to the same period of the last season (USD 636.1 million), according to Comex Stat.

The volume of orange juice exported by Brazil, in turn, continues decreasing, as it has been verified since the 2023/24 crop. From July to September/24, Brazil shipped 207.5 thousand tons of orange juice, downing 27 % in relation to the same period in 2023.

The lower volume exported is linked to the limited supply. Weather adversities have been hampering the production for five consecutive seasons, which resulted in restricted inventories of juice.

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