Brazilian orange juice exports registered a total volume of 1.07 million tons during the 2019/2020 harvest – an increase of 17% compared to the previous harvest, when 920,029 tons were shipped.
Total Brazilian orange juice exports (FCOJ Equivalent to 66º Brix) registered an 18% increase in the first nine months of the 2019/20 harvest compared to the same period in the previous harvest. A total of 861,700 tons were shipped during the period, compared to 732,048 tons during the same period of the 2018/19 harvest. Revenues increased 6% to a total of US$1.445 billion compared to US$1.369 billion in the previous harvest.
High production costs have orange growers in Brazil, the world's top orange juice exporter, bracing for a tough citrus season, despite last season's record harvest and high juice prices.
Citrovita and Citrosuco of Brazil won European Union antitrust approval for their merger plan to form the world’s largest wholesale supplier of orange juice.