14 000 12 000 10 000 8 000 6 000 4 000 2 000 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Small citrus (group mandarines): clementines, satsumas and other. DG AGRI DASHBOARD: CITRUS FRUIT Last update: 19.07.2018 EU AVG PRICES MS PRICES /100 kg EUROPEAN UNION - Orange prices, weighted avg ( /100kg) 85 Current 2017/2018 82 80 () 2016/2017 Monthly 5 year MAX 76 75 Monthly 5 year MIN 5 year avg 72 72 71 69 68 68 66 67 65 63 63 62 59 61 61 61 60 60 59 57 59 56 56 55 55 53 52 52 50 52 52 51 50 49 49 48 45 46 44 43 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep /100 kg SPAIN - Orange prices ( /100kg) 75 Current 2017/2018 73 71 () 2016/2017 69 69 Monthly 5 year MAX 69 Monthly 5 year MIN 67 65 5 year avg 65 63 62 62 61 60 60 57 56 58 57 55 53 54 52 50 52 52 50 47 46 48 47 45 46 44 45 43 43 44 42 43 41 38 35 36 37 30 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep /100 kg ITALY - Orange prices ( /100kg) 125 Current 2017/2018 121 () 2016/2017 115 Monthly 5 year MAX Monthly 5 year MIN 5 year avg 106 105 99 97 96 95 94 90 91 89 90 90 86 86 85 83 80 80 83 82 80 78 78 76 76 77 75 77 74 75 73 74 71 69 69 65 68 66 64 60 60 55 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep /100 kg GREECE - Orange prices ( /100kg) 85 81 Current 2017/2018 77 75 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 68 64 65 5 year avg 62 61 60 56 56 58 55 52 52 49 52 50 49 47 47 48 48 47 45 46 46 45 44 44 43 42 42 42 41 41 39 41 39 35 37 37 36 36 36 36 35 34 25 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep /100 kg PORTUGAL - Orange prices ( /100kg) 90 85 80 Current 2017/2018 80 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 5 year avg 63 66 62 60 61 56 55 54 54 52 53 53 52 50 50 50 51 48 48 44 46 43 43 44 44 42 39 36 35 33 33 30 30 31 30 28 29 29 28 29 28 26 24 20 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Lemons EU citrus production: oranges, small citrus* and lemons (in.000 tonnes) 8 000 Citrus fruit production (in 000 tonnes) 4 500 Orange production (in.000 tonnes) Small citrus Oranges 7 000 6 000 Spain 6 246.0 4 000 3 500 3 524.0 5 000 Italy Greece 3 000 2 500 4 000 3 000 Portugal 2 6,4 2 000 1 500 Spain Greece Italy Portugal 1 591.5 2 000 1 000 1 135,5 354,3 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1 000 500 0 299.6 916.7 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 A r e a EU Import of main citrus varieties (in.000 tonnes ) 2 0 2 200 2 000 413 1 800 354 1 600 1 0 437 1 200 1 000 944 800 Lemons 600 Pomelos and grapefruit 0 Small citrus 200 Oranges - 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, Comext EU Import of oranges by region of origin ( in.000 tonnes) 1 200 1 000 14 800 386 600 0 Others (America) Mediterranean 544 Southern Hemisphere 200 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, Comext EU export of citrus fruit (in.000 tonnes) 900 Lemons Oranges 800 Small citrus 0 103 600 315 500 0 300 2 200 100-2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, Comext Sources: Eurostat, MSs notifications, PSD, DG Agri, Eurostat, Comext, Comtrade, ITC, GTA, Expert groups
Orange market situation - summary Recent developments In June the EU average price was 71 /100 kg, 13% lower than in May mainly due to different varieties available on the market, but still 16% above the 5 year average (the reference period). In Italy, Spain and Portugal prices were respectively 23%, 18% and 19% higher than the 5 year average. Only in Greece they were 9% lower than the reference period. Background Due to adverse weather events in the US, Brazil and the EU global supply of oranges for fresh consumption in 2017/18 is expected to be about 7.5 % lower compared to the previous marketing year. (source: USDA report) Consequently, prices are expected to be high and so far indeed all the EU producing member states have been notifying monthly prices well above the reference period most of the time. The average EU price has been above the 5-year-maximum price from the beginning of the marketing year until May included. 2
/100 kg 85 80 75 65 60 55 50 45 63 59 Current 2017/2018 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 5 year avg 68 59 56 52 52 EUROPEAN UNION - Orange prices, weighted avg 63 56 53 51 61 57 46 67 62 52 52 43 66 55 44 76 68 59 49 82 69 60 48 72 72 71 61 61 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 49 50 ( /100kg) 3
Citrus prices /100kg and % changes CURRENT PRICES COMPARED TO 5 YEAR AVERAGE CURRENT PRICES COMPARED TO ONE MONTH AGO June 2018, Price, /100 kg June 2018, comparison to 5 year avg, base = 100 % 5 year avg price '13-'17, changes from June to May % 2018, changes from June to May % EU 71 116 % +1% - 13% EL-Greece 42 91 % - 10% - 13% ES-Spain 69 118 % + 8% - 5% IT-Italy 94 123 % - 2% - 22% PT-Portugal 50 119% + 5% + 8 % 4
/100 kg 75 65 Current 2017/2018 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 5 year avg SPAIN - Orange prices ( /100kg) 73 67 65 63 69 69 69 71 60 55 50 45 35 62 62 57 52 50 47 46 42 61 52 47 46 43 43 36 53 44 37 56 48 38 60 52 43 54 41 58 44 57 45 30 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 5
/100 kg 85 GREECE - Orange prices ( /100kg) 81 75 65 68 62 Current 2017/2018 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 5 year avg 64 61 77 55 45 35 49 41 52 50 44 35 45 42 44 42 39 36 37 49 47 47 46 43 41 36 36 56 52 48 48 47 37 36 56 46 42 34 52 39 58 60 41 25 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 6
/100 kg 125 115 105 95 85 75 65 55 86 80 80 76 Current 2017/2018 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 5 year avg 78 77 91 83 80 74 ITALY - Orange prices ( /100kg) 86 74 71 64 97 83 73 99 90 75 60 60 106 96 82 69 121 94 90 89 90 78 66 76 77 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 68 69 7
/100 kg 90 PORTUGAL - Orange prices ( /100kg) 85 80 80 Current 2017/2018 () 2016/2017 Monthly 5 year MAX Monthly 5 year MIN 5 year avg 60 50 30 20 63 66 62 56 55 54 53 52 52 50 48 48 44 43 43 44 46 39 35 30 31 28 61 54 53 50 51 44 42 36 33 33 30 29 29 28 29 28 26 24 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 8
14 000 12 000 Lemons Small citrus Oranges EU citrus production: oranges, small citrus* and lemons (in.000 tonnes) 10 000 8 000 6 000 4 000 2 000 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Small citrus (group mandarines): clementines, satsumas and other. 9
8 000 Citrus fruit production (in 000 tonnes) 7 000 6 246.0 6 000 5 000 4 000 Spain Italy Greece Portugal 3 000 2 6,4 2 000 1 000 1 135,5 354,3 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 10
4 500 Orange production (in.000 tonnes) 4 000 3 500 3 524.0 3 000 2 500 2 000 1 500 Spain Greece Italy Portugal 1 591.5 1 000 916.7 500 299.6 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 11
Small citrus production (in.000 tonnes) 3 000 2 500 2 000 1 500 Spain Italy Greece Cyprus France Portugal 1 000 500 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 12
EU Import of main citrus varieties (in.000 tonnes ) 2 0 2 200 2 000 413 1 800 1 600 1 0 1 200 1 000 800 600 0 200 Lemons Pomelos and grapefruit Small citrus Oranges 354 437 944-2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, Comext 13
EU Import of oranges by region of origin ( in.000 tonnes) 1 200 1 000 14 800 386 600 0 200 Others (America) Mediterranean Southern Hemisphere 544 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, Comext 14
EU export of citrus fruit (in.000 tonnes) 900 800 Lemons Oranges Small citrus 0 600 500 103 315 0 300 200 2 100-2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: Eurostat, Comext 15
Further detail 16
EXTREME WEATHER EVENTS IN EUROPE 90 DAY TEMPERATURE ANALYSIS OF ANOMALIES May 2018 // C above or below normal Further detail Source: Climate Prediction Center 17
EXTREME WEATHER EVENTS IN EUROPE TEMPERATURE ANOMALIES +/- C ON AVG 15 May 2018 to 13 June 2018 (+/- 30 days) Further detail Source: Climate Prediction Center 18
Source: JRC Further detail 19
EXTREME WEATHER EVENTS IN EUROPE 90 DAY PRECIPITATION ANALYSIS OF ANOMALIES 14 March 2018 to 13 June 2018 (90 days) - % of normal Source: Ag Weather Further detail 20
EXTREME WEATHER EVENTS IN EUROPE 30 DAY PRECIPITATION ANALYSIS OF ANOMALIES 14 May 2018 to 13 June 2018 (30 days) - % of normal Further detail Source: Ag Weather 21
Main area of severe wind EXTREME WEATHER EVENTS IN EUROPE 16 May 2018 to 15 June 2018 Source: Severe weather database 22
KEY MARKET BALANCE INDICATORS FOR CITRUS FRUITS (oranges, small citrus, lemons) - tonnes Month Extra-EU imports Extra-EU exports EU production EU consumption estimates 2014 2015 2016 2014 2015 2016 2014 2015 2016 2014 2015 2016 1 85.477 88.737 102.216 103.713 94.765 83.836 2.027.783 2.086.477 1.981.472 1.944.015 1.990.619 1.837.118 2 103.369 91.915 117.249 101.955 82.074 86.443 1.662.126 1.698.378 1.596.794 1.609.823 1.635.097 1.496.459 3 94.676 95.450 112.807 91.494 79.436 84.121 1.362.093 1.1.019 1.316.269 1.321.255 1.356.715 1.236.853 4 80.100 95.714 115.587 84.489 68.397 59.913 824.785 860.857 805.960 793.741 851.112 795.441 5 79.191 86.460 111.2 63.676 42.547 29.748 562.320 603.846 557.896 559.662 621.761 593.568 6 86.256 111.848 173.674 22.671 21.903 10.150 284.668 312.710 284.6 339.054 389.192 424.847 7 159.169 184.200 205.190 10.850 10.897 6.720 128.120 147.397 130.308 272.298 314.354 318.076 8 203.714 258.076 288.607 8.255 6.712 6.758 76.069 87.008 77.513 269.0 334.626 352.996 9 258.727 254.900 271.0 11.304 8.051 11.198 235.861 260.5 239.742 475.661 496.330 479.895 10 189.286 171.469 125.159 42.753 30.084 41.629 601.259 544.316 618.804 728.361 662.266 651.513 11 49.993 60.578 63.560 90.203 88.218 97.296 1.737.614 1.600.816 1.805.718 1.641.249 1.504.256 1.623.681 12 59.541 84.374 95.820 127.316 122.594 110.727 1.855.303 1.693.471 1.912.817 1.727.569 1.582.342 1.7.815 Annual 1.449.498 1.583.720 1.782.148 758.679 655.677 628.539 11.358.000 11.297.000 11.328.000 11.681.757 11.738.672 11.551.262 Market access (imports/consumption): 12,4% 13,5% 15,4% Exports/production : 6,7% 5,8% 5,5% Apparent consumption, kg per capita: 23,0 23,2 22,8 23
TOP WORLD CITRUS IMPORTERS FROM ALL ORIGINS CN CODE 0805-2016 Further detail 24
TOP WORLD CITRUS IMPORTERS FROM ALL ORIGINS Further detail 25
TOP WORLD CITRUS IMPORTERS FROM ALL ORIGINS Further detail 26
TOP WORLD CITRUS IMPORTERS FROM ALL ORIGINS Importers Value imported in 2016 (USD thousand) Trade balance in 2016 (USD thousand) Quantity imported in 2016 Quantity Unit Unit value (USD/unit) Annual growth in value between 2012-2016 (%) Annual growth in quantity between 2012-2016 (%) Annual growth in value between 2015-2016 (%) Share in world imports (%) Average distance of supplying countries (km) Concentration of supplying countries World 14531025-1036618 16152556 Tons 900 2 2 7 100 4685 0.1 Average tariff (estimated) applied by the country (%) France 1198011-1074766 1101543 Tons 1088 1 1 11 8.2 2258 0.45 2.6 Germany 1194130-1092824 1123067 Tons 1063 0 0 7 8.2 2585 0.55 2.6 Russian Federation 1158958-1152433 1522102 Tons 761-8 -2-3 8 4899 0.16 3.2 Netherlands 1129565-250119 1135271 Tons 995 3 3 14 7.8 27 0.13 2.6 United States of America 1059833-20290 1045538 Tons 1014 16 9 8 7.3 5590 0.28 1.1 United Kingdom 824478-798571 797595 Tons 1034 4 4 4 5.7 4308 0.21 2.6 Canada 549901-549377 494213 Tons 1113 4 1 2 3.8 5335 0.23 0 Italy 382087-106956 356496 Tons 1072 0-2 -8 2.6 93 0.24 2.6 Hong Kong, China 373871-225561 358538 Tons 1043 11 8 13 2.6 9910 0.25 0 Japan 368542-362794 253973 Tons 1451-5 -9 9 2.5 10668 0.45 12.9 Poland 364958-335466 4288 Tons 852 0 0 2 2.5 3577 0.24 2.6 China 354850 948991 295641 Tons 1200 24 25 33 2.4 9982 0.24 18.5 Saudi Arabia 349834-329447 669234 Tons 523 5 4 12 2.4 3989 0.24 0 Belgium 331660-252429 268812 Tons 1234 1 1 15 2.3 1439 0.31 2.6 Spain 298985 3180603 277391 Tons 1078 9 7 50 2.1 6746 0.25 2.6 Korea, Republic of 287873-285137 193939 Tons 1484 3-2 16 2 10850 0.8 75.4 United Arab Emirates 255624-230113 367748 Tons 695 12 7-10 1.8 5593 0.25 0 Iraq 217990-217990 505262 Tons 431-7 9 2 1.5 1279 0.89... Viet Nam 217615-199176 194126 Tons 1121 15-5 23 1.5 2826 0.82 29.1 Switzerland 2002-200011 145932 Tons 1372 3 2 7 1.4 2341 0.41 1.4 Romania 179434-178327 266925 Tons 672 14 11 16 1.2 1674 0.19 3.5 Sweden 178575-175264 184905 Tons 966 2 2 7 1.2 2325 0.22 2.6 Austria 178220-142371 168352 Tons 1059 2 2 6 1.2 1133 0.23 2.6 Malaysia 1754-164656 201182 Tons 849 13 4 19 1.2 7548 0.22 3.9 27
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Further detail 29
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