Mandarins. Global production for 2023/24 is forecast to rise to 38.0 million tons

03.02.2024 17:35 "Agro Perspectiva" (Kyiv) — According to the report of the USDA Citrus: World Markets and Trade (January 2024), global production for 2023/24 is forecast to rise 3 percent to 38.0 million tons on higher yields due to favorable weather in China and Turkey. Consumption and exports are both expected to be up with the higher supplies.

China production is forecast 400,000 tons higher to 26.9 million due to favorable weather and a larger crop in the Hunan, Hubei, Guangxi, and Jiangxi provinces. Consumption and exports are higher with the increase in production. Indonesia, the Philippines, Thailand, and Vietnam are expected to remain the top export markets.

EU production is forecast down 5 percent to 2.7 million tons as higher production in Greece due to favorable conditions during fruit set is not enough to offset lower production in Spain due to unfavorably warm temperatures during the summer. Consumption and exports are forecast down with the lower production while imports are projected flat. Morocco and South Africa are anticipated to remain the leading suppliers.

Turkey production is forecast to rebound 42 percent to 2.6 million tons due to higher area and favorable weather leading to good bloom, following a freeze the year before. Consumption and record exports are projected to jump with the higher available supplies.

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