The volume of concentrated orange juice exported from Brazil to Indonesia has shown significant fluctuations from 2013 to 2023. Starting at 1.32 thousand metric tons in 2013, there was substantial growth, peaking in 2014 with a 155.63% YoY increase. Despite a series of ups and downs, the exports stabilized to a more moderate growth rate, with 2023 standing at 3.15 thousand metric tons, signaling a 5.11% YoY growth. Over the last five years, from 2018 to 2023, the CAGR for the volume exported has been 4.44%, indicating overall steady growth during this period.
In the future, indicators suggest a continued upward trend, but at a slower growth rate. Forecasts up to 2028 predict a 1.7% CAGR, with a total growth rate of approximately 8.79%. This indicates that while growth may be more moderate, the trend is still positive.
Trends to watch include:
- Emerging market dynamics in Indonesia that could impact import demand.
- Global economic conditions influencing both production in Brazil and consumption in Indonesia.
- Trade policies and regulatory changes affecting the orange juice market.
- Climate conditions affecting orange production in Brazil.
