The 2023–2024 initial orange forecast for Brazil’s citrus belt is 309.34 million boxes. The forecast was announced on May 10; the projected volume is 1.55% less than the previous crop, which totaled 314.21 million boxes.
Citrusindustry.net states that Fundecitrus reported that weather conditions are positive for the 2023–24 crop with rains being 50% above the historical average. However, Asian citrus psyllid populations and citrus greening incidence continue to increase in Brazil.
Variety projections
The orange production forecast for 2023–2024 includes:
- 56.11 million boxes of Hamlin, Westin and Rubi
- 18.22 million boxes of other precocious varieties
- 98.95 million boxes of Pera Rio
- 105.23 million boxes of Valencia and Valencia Folha Murcha
- 30.83 million boxes of Natal
A survey carried out by independent audit firms with each CitrusBR members, and confidentially consolidated by an external audit, found that the global inventories of Brazilian orange juice, converted into frozen concentrated orange juice (FCOJ Equivalent), held by CitrusBR members, on 31 December 2022 were 434,943 tonnes, a decrease of 14.5% in comparison to 509,010 tonnes in the previous season. Final processing data and industrial yield on fruit will be disclosed after the current crop season is finalised.
Source: citrusbr.com