How is the global orange market segmented?
The Global Orange Market Report is segmented by geography into North America, Europe, Asia-Pacific, South America, and Africa. Home Industry Reports Agriculture Orange Market - Growth, Trends and Forecasts (2019 - 2024)
How many oranges are produced in Brazil each year?
The domestic market for fresh oranges has become a major consumer of Brazil’s total orange production. More than 100.0 million boxes of oranges, each weighing 40.8 kilograms, which is equivalent to approximately 30.0% of Brazil’s production are consumed by the Brazilian population annually.
What is driving global orange production growth?
Global orange production is set to rise by 3% to 77K tonnes due to expected favourable weather conditions in Mexico, Brazil and Turkey. Orange production in Mexico is to gain 3% y/y, reaching 4.3M tonnes by the end of 2022.
Will orange juice prices rise as inflation rises?
The anticipated spike in orange juice prices comes as consumers are already facing inflation across multiple sectors. The US consumer price index rose 7% over the past year before seasonal adjustments, the steepest climb in prices since June 1982, the Bureau of Labor Statistics reported last week.
How much is the orange industry worth?
As of July 2022 Orange has a market cap of $31.49 Billion. This makes Orange the world's 520th most valuable company by market cap according to our data.
What is the economic impact of oranges?
Despite statewide production declines, Florida oranges and orange juice commanded a greater economic impact in the 2019-20 season than the previous year. The citrus industry's $6.76 billion economic impact that season was about $262 million more than 2018-19.
How much is the citrus industry worth?
The report indicates that the majority of the industry's value in 2019-20 came from the manufacturing of citrus juice and byproducts at $4.741 billion. Citrus fruit production accounts for $1.816 billion and the process of moving fresh citrus from grower to the packinghouse door accounts for another $204 million.
How much money does Florida make from oranges?
Florida Orange Facts: Economic Impact The growing, packing, processing, and selling of citrus generates a nearly $9 billion per year impact on Florida's economy.
How much money does California make on oranges?
Citrus pumps $7.1 billion through California's economy Kern and neighboring Tulare counties combined to produce nearly $1 billion worth of oranges in the 2015/16 marketing year, according to a UC Riverside report.
What country buys the most oranges?
Searchable List of Oranges Importer Countries in 2020RankImporterImported Oranges (US$)1.Germany$501,638,0002.France$493,172,0003.Netherlands$457,055,0004.China$307,929,0006 more rows•Aug 20, 2021
How important are oranges to Florida's economy?
In the 2016-17 season, which ended in June, Florida produced 68.7 million boxes of oranges. Thanks to its special climate, the Florida Citrus industry contributes $8.6 million to the state of Florida and supports 45,000 jobs. More detail on the economic contributions of the Florida citrus industry can be found here.
Why is the citrus industry important?
California citrus is a major contributor to the economic value of the agricultural sector. Oranges, mandarins, lemons, and grapefruit, accounted for 2.4% of total crop acres in the state and generated 6.8% of total crop revenue in 2015.
How big is the Florida citrus industry?
The 2020-21 season ended with 52.8 million industry standard 90-pound boxes filled by oranges. Another 4.1 million boxes contained grapefruit and 890,000 boxes were filled by specialty crops, which are mostly tangerines and tangelos.
Who produces more oranges Florida or California?
It looks like for the 2020-2021 season, California might edge out Florida in overall orange production. The latest crop estimates from USDA currently show Florida at 51.7 million boxes of oranges and California holding steady at 52 million boxes by the time it's all said and done in July.
What state is the largest producer of citrus?
Citrus utilized production for the 2019-20 season totaled 7.78 million tons, down 4 percent from the 2018-19 season. California accounted for 54 percent of total United States citrus production; Florida totaled 42 percent, and Texas and Arizona produced the remaining 4 percent.
How much do orange farmers make in Florida?
Florida citrus growers paid an average $1,847 per acre for grove caretaking in the 2019-20 season, according to a June report from Ariel Singerman, an economist at the Citrus Research and Education Center in Lake Alfred.
What is the study period of this market?
The Orange Market market is studied from 2017 - 2027. Read More
What is the growth rate of Orange Market?
The Orange Market is growing at a CAGR of 4% over the next 5 years. Read More
Which region has highest growth rate in Orange Market?
North America is growing at the highest CAGR over 2021- 2026. Read More
Which region has largest share in Orange Market?
Asia-Pacific holds highest share in 2021. Read More
Is ORAN stock a buy right now?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orange in the last year. There are currently 2 sell ratings, 5 hold rating...
Will Orange's stock price go up in 2022?
8 brokers have issued 12-month price objectives for Orange's stock. Their forecasts range from $9.50 to $9.50. On average, they expect Orange's sto...
How has Orange's stock performed in 2022?
Orange's stock was trading at $10.55 at the start of the year. Since then, ORAN shares have increased by 9.2% and is now trading at $11.52. View t...
Are investors shorting Orange?
Orange saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,770,000 shares, a decline o...
How often does Orange pay dividends? What is the dividend yield for Orange?
Orange declared a dividend on Wednesday, June 1st. Stockholders of record on Monday, June 6th will be paid a dividend of $0.3333 per share on Frida...
Is Orange a good dividend stock?
Orange(NYSE:ORAN) pays an annual dividend of $0.66 per share and currently has a dividend yield of 5.56%. ORAN has a dividend yield higher than 75%...
Who are Orange's key executives?
Orange's management team includes the following people: Ms. Christel Heydemann , CEO & Exec. Director (Age 48, Pay $61.07k) Mr. Ramon Fernandez...
Who are some of Orange's key competitors?
Some companies that are related to Orange include Nippon Telegraph and Telephone (NTTYY) , SoftBank Group (SFTBY) , América Móvil (AMX) , BCE (...
What other stocks do shareholders of Orange own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Orange investors own include AT&T (T) , General Electric...
Global Orange Market Definition
The orange is that the fruit of varied citrus species within the family Rutaceae (see list of plants referred to as orange). It primarily refers to Citrus × Sinensis, which is additionally called sweet orange, to differentiate it from the related Citrus × Aurantium, mentioned as bitter orange.
Global Orange Market Overview
The demand for oranges is at its peak during the months of November, December, and January when the temperatures are a little lower. The expansion within the European market is retained, especially in Germany, where the consumption of oranges has seen the strongest growth in recent years.
Global Orange Market: Segmentation Analysis
The Global Orange Market is segmented based on Product, Application, and Geography.
Orange Market by Product
Based on product the market is bifurcated into Sweet Orange, Navel Orange, Blood Orange and Red Orange
Orange Market by Application
Based on application the market is bifurcated into Juice, Concentrate, and Powder.
Orange Market by Geography
On the basis of Geography, the Global Orange Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
Key Players in the Orange Market
The “Global Orange Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Giumarra Companies, Best Fresh Produce Inc, OK Sealer, Always Fresh Farms, LLC, Kern Ridge Growers LLC, LorAnn Oils, McCormick & Company, Nielsen-Massey Vanillas , Döhler, Cook Flavoring.
Global Overview of the Orange Industry
The US, Europe, and Asia are expected to produce over 70 percent of the global fruit supply. Highest growth can be expected in the minimal processed sector, with APAC having the highest CAGR, owing to increased demand for convenient food and rise in the living standard.
Oranges – Global Trade Dynamics
Orange exports from Brazil increased by about 30 percent in the last year, driven by a strong demand from the US market, which was reeling from severe shortages, due to the impact of citrus greening and hurricane loss
Industry Drivers and Constraints
Year Around Availability and Convenience: Given factors, like seasonality and perishability, processing make it possible to preserve and consume fruits throughout the year
How much dividend does Orange pay?
Orange pays an annual dividend of $0.96 per share and currently has a dividend yield of 8.62%. ORAN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Orange does not yet have a strong track record of dividend growth. The dividend payout ratio of Orange is 49.23%.
What is the dividend payout ratio of orange?
Orange does not yet have a strong track record of dividend growth. The dividend payout ratio of Orange is 49.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Orange will have a dividend payout ratio of 73.85% next year.
Is Orange a hold stock?
Wall Street analysts have given Orange a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Orange wasn't one of them.
Supply shrinks
Last week, the USDA said it expects Florida to produce 44.5 million boxes of oranges this year, an unusually small harvest. That would be the smallest since the 1944-45 season when 42.23 million boxes were produced, a Florida statistician with the USDA told CNN Business.
Demand grows
Prior to the pandemic, "US demand for orange juice had been down for 20 years straight," said Hackett.
What age group has the highest stock ownership?
Families with a head of household aged 45 to 54 had the highest rate of stock ownership in 2019, with 58% of families in the stock market in some form. That said, the difference in ownership rates between age groups is not large.
What is the lowest stock ownership rate in 2019?
People 75 or older had the lowest ownership rate in 2019, at 47%, followed by those under 35, at 48%. The value of stock owned, however, is much higher for older Americans, who have had more time to accumulate their investments.
Do wealthy people have more money in stock?
Wealthier Americans also tend to have more money in stock. Families in the top 10% of income earners accounted for 70% of the dollar value of all stock holdings in 2019, with a median of $432,000 worth of stock per invested household. Meanwhile, the bottom 60% of income earners owned only 7% of all stock that year.
Can you buy stock on your own?
People who buy stock on their own become direct owners. But people can invest in other ways, including actively managed mutual funds or passive versions like index funds, as well as through retirement plans that put their money in the stock market. Those avenues result in indirect ownership.
Do people with higher incomes own stock?
Investing requires money, so it follows that families with higher incomes and net worth own stock more often and purchase more of it. But there are also differences in how they own the stock, with wealthier families much more likely to have directly purchased stock as part of their portfolio compared to those with lower incomes.