Updated Brazilian OJ Projection

Ernie Neff Brazil, Orange Juice

The total Brazilian frozen concentrated orange juice (FCOJ) 65 Brix equivalent production for 2021-22 is projected at 1.123 million metric tons (MMT). That projection, which is an increase of 16% compared to orange juice production for 2020-21, was made by the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS).  

The São Paulo industry is expected to process 265 million boxes (MBx) of oranges for orange juice production (185 MBx for FCOJ and 80 MBx for not from concentrate, or NFC, production). That would account for 1.027 MT of juice (715,000 MT and 312,000 metric tons of FCOJ and NFC converted to FCOJ equivalent, respectively). Other producing states should deliver 24 MBx, accounting for 96,000 MT of juice.

There is no official estimate for NFC supply and demand in Brazil.

CONSUMPTION UP
Domestic FCOJ equivalent consumption for 2021-22 is projected at 75,000 MT, 65 Brix, up 5,000 MT from the previous year (70,000 MT). Orange juice consumption, especially NFC, has continuously been increasing in Brazil.

INCREASED EXPORTS
Total exports for 2020-21 were revised to 1 MMT, a reduction of 50,000 MT compared to the previous estimate, as a result of lower fruit availability for processing and reduced stocks.

Cumulative orange juice exports during July-November 2021 are 410,986 MT, 66 Brix, FCOJ equivalent, according to the Brazilian Secretariat of Foreign Trade, relatively similar to the same period in 2020 (421,882 MT, 66 Brix, FCOJ equivalent). However, cumulative exports to the United States during July-November 2021 are 211,560 MT, 66 Brix, an increase of 25% relative to the same period during the previous year (62,745 MT, 65 Brix, FCOJ equivalent). The increase in exports to the U.S. was likely pushed by the decrease in Florida production for 2021-22.

The European Union remains the largest export destination of Brazilian orange juice, representing approximately 70% of total exports.

See the full FAS report on Brazil.

Source: The U.S. Department of Agriculture’s Foreign Agricultural Service

Sponsored Content