Total shipments of Brazilian orange juice (FCOJ Equivalent to 66 Brix) in the period from July to September, marking the first quarter of the 2020/2021 season, closed with a volume of 223,682 tons. The number represents a 26% reduction compared to the first three months of last season, when 302,261 tons were exported. In sales, exports totaled US $ 316.7 million in the period, compared to US $ 528.2 million recorded from July to August 2019.
According to the executive director of CitrusBR, Ibiapaba Netto, low can be explained by two reasons. The first is the size of the harvest 2019/20 which led to a production of 1.2 million tons of juice, 37.4% above the previous period. “With this major production was possible replenish inventories that were very low in the same period last year, which required a greater movement of Brazil’s juice to the outside where the juice is sold and this explains why this year shipments are so below, “he says.
On 30 June 2019 the global orange juice inventories held by companies associated with CitrusBR were 253,181 tons. After processing the crop 2019/20, 36% higher than previous months and the strong pace of shipments, these stocks were replenished to 471,138 tons in June 30, 2020.
According Netto due to bienualidade of citrus, alternating years of high and low production, this phenomenon has been common, as noted in the chart below. In years of higher yields exports are more intense compared to smaller harvests in the early months of each year safa. “This does not mean that exports will be smaller this season, but indicates, for now, be less need for product transfer to the points of sale around the world,” he says.
Among the different destinations Europe remains the main Brazilian exports, with a share of 60.78%, followed by the US with 18.83% Japan 9.75% and China with 4.17%. Other markets correspond to 6.47%.
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For Europe exports totaled 140,693 tons, a decrease of 17.6% compared to the 170,734 tons shipped in the same period in the 2019/20 crop. In revenue, shipments totaled US $ 196.9 million, 51.6% lower compared to the US $ 406.5 million recorded last season.
Exports to the United States grew between July and September. They were shipped 42,509 tons of orange juice, 15.7% above the 36,740 tons recorded in the same period of the previous harvest. In revenues, the current drop represented 8.8%, to $ 52.8 million compared to $ 57.8 million obtained during the months of July and September 2019.
The orange juice shipments to Japan were up 61.7% in the first three months of the season 2020/2021, with a volume of 21,997 tons. In the same period of the previous harvest, shipments were 13,590 tons. The sales retreated 36.5% to $ 14.7 million compared with $ 23.2 million in the previous harvest.
Already China imported in the first quarter of the 2020/2021 harvest, total 9,392 tons, 5.8% lower than that recorded in the 2019/2020 crop, with 9,973 tons shipments. In revenues fell by 80%, to $ 1.5 million compared to $ 14.3 million billed in the previous harvest.
This text was translated by machine from Brazilian Portuguese.