Latest Market Info: Aug, 2023
Production of orange oil continues to struggle to meet increased demand. Pricing has remained firm, and natural orange derivatives have also started to increase in price as a result.
↓ See All Previous Market History
7/13/22: Argentina production estimates have remained steady; currently expecting 205,000 MT of orange material to enter the market in 2021/2022. However, fresh fruit consumption in Argentina has also risen, which will offset the amount of material available for export.
5/26/22: The first Fundecitrus crop estimate for the Brazil 2022-2023 orange season was released today, May 26th. It currently predicts a harvest of 316.96 million boxes. Fruit yield is expected to be better with this upcoming harvest, and the majority of the fruit is expected to be harvested during the first and second blooms. These numbers may be adjusted depending on the rainfall for June through August. If rain conditions are optimal, the total crop will likely increase. However, if the rainfall ends up being less than expected, the harvest output will likely be lessened.
5/12/22: The next Fundecitrus crop forecast for Brazil is scheduled for May 26, 2022. Preliminary reports suggest a crop size of around 300-350 million boxes.
12/1/21: The entire orange market continues to move up in terms of cost; domestic producers are also starting to reflect the higher prices of international producers, indicating that these increases are here to stay for the foreseeable future.
11/9/21: Prices of orange juice have risen by over 30% on a month-on-month basis during September, though they have since stabilized. The recent drought in Brazil has caused a huge strain on the production of citrus; these difficulties, combined with unseasonal frosts experienced earlier in the season, have led to a nearly 10% decline in overall orange production from key growing regions. As such, prices for orange oil and its derivatives are expected to rise.
6/3/21: Fundecitrus first Brazilian orange crop forecast from May 27, 2021 has come in; indicates a total of 294.17 million boxes for the 2021/2022 crop season. This represents a 9.51% increase vs. previous crop year of 268.63 million boxes, though the increase still is lower than average for Brazil, if you look at the past 10 seasons (-10.53%).
This means the crop will mainly depend on the first and second bloom for this season, as the 3rd and 4th bloom the fruit is smaller with fewer yields. It is expected that this year’s yield will be better than the last. Drop rate of fruit is estimated at 6-7%, mainly due to the increasing prevalence of greening and drought effects.
Fundecitrus forecast is based on mapping all citrus farms in Brazil every 3 years; next one is scheduled for August 2021
Description of Orange Oil S.A.
Often considered to be the most traded essential oil by volume in the entire industry, Orange Oil SA is emblematic of orange oil’s most signature traits. The oil is cold-pressed from the peels of the Citrus x sinensis fruit, also known as sweet orange, and does not undergo the steam distillation process more common to other essential oils. Orange oil midseason carries a fresh, juicy, citrusy aroma, with a strong aldehydic top note and sweet dry down. The application of orange oil midseason varies greatly depending on the industry, with the material seeing use in everything from juice flavorings to high-class perfume. The supreme versatility of orange oil, coupled with its widespread availability, has made the midseason variety a staple of the global essential oils industry.
Aroma & Flavor of Orange Oil S.A.
Aroma is light, sweet, and refreshingly aldehydic. Its flavor is similarly sweet and light, with a distinctive fruity note reminiscent of freshly-scratched orange peels.
Citrus sinensis l. osbeck
All scientific, regulatory and technical data is a guide for product identification purposes only. Only Berje authorized documentation is to be used for validation and confirmation. These documents can be provided upon request.