As of August 2022 Orange has a market cap of $27.54 Billion. This makes Orange the world’s 653th most valuable company by market cap according to our data.
How big is the orange industry?
In 2019–20, world production of oranges was estimated to be 76 million metric tons (84 million short tons), led by Brazil, China, India, EU, USA, Mexico, Egypt as the largest producers.
What is citrus industry worth?
The report indicates a majority of the industry’s value in 2019-2020 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 $204 million.
What is the orange industry?
The Orange and Citrus Groves industry primarily grows oranges, lemons, tangerines, clementines, grapefruits and tangelos. Fruit producers then sell their harvests to fresh fruit markets and food processors, and most processed citrus fruit is turned into juice.
How much money do oranges make?
According to the report, the value of oranges for utilized production amounted to approximately 1.7 billion U.S. dollars in 2018/2019.
Who is the biggest exporter of oranges?
Searchable List of Oranges Exporting Countries in 2021
| Rank | Exporter | Exported Oranges (US$) |
|---|---|---|
| 1. | Spain | $1,442,232,000 |
| 2. | South Africa | $808,620,000 |
| 3. | Egypt | $714,400,000 |
| 4. | United States | $606,121,000 |
What country buys the most oranges?
Searchable List of Oranges Importer Countries in 2021
| Rank | Importer | Imported Oranges |
|---|---|---|
| 1. | Germany | $483,428,000 |
| 2. | France | $455,378,000 |
| 3. | Netherlands | $389,963,000 |
| 4. | Russia | $313,908,000 |
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 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 does citrus make in Florida?
The economic contribution analysis estimated total industry output contributions of $6.665 billion, including $1.720 billion from citrus fruit production, $4.741 billion from citrus juice manufacturing, and $204 million for fresh citrus marketing.
Are oranges dying?
Fourteen years later, orange production has fallen by more than 75 percent, and grapefruit production is down 85 percent. Backyard citrus has virtually disappeared in some areas.
Which state produces the most oranges?
FLORIDA: Oranges
Florida is known for its oranges, so it’s no surprise that the state leads the country’s production of that citrus fruit — and citrus fruit in general. More than 90 percent of America’s orange juice is made from Florida’s oranges, and the state is also the world’s leading producer of grapefruit.
Are orange trees dying?
In the past decade in the US, HLB caused an approximately 21% decrease in the fresh citrus fruit market and about a 72% decline in the production of oranges used for juice and other products (Front. Plant Sci. 2019, DOI: 10.3389/fpls.
How profitable is orange farming?
Pixie orange farming is very profitable with an acre giving a turnover of up to Ksh1. 2 million per year as reported by farmers in Makueni. These fruits are sold at an average price of Ksh80 per kilo at the farm gate.
How much does an acre of oranges make?
Generally, orange trees produce about 400 boxes per acre. Each box yields about 6 pounds of juice. Given a price of $8 a box, gross revenues total $3,200 an acre. After subtracting for grove maintenance of $2,800 per acre, 1 acre of orange trees produces about a $400 profit.
How many oranges can a tree produce?
The average healthy and mature orange tree produces 200-350 oranges. However, experienced orange farmers after years of practice can harvest between 400 to 600 oranges per tree.
Where does the US get its oranges?
South Africa, Chile, Mexico and Australia are the top sources for U.S. orange imports. South Africa has been the largest supplier of fresh oranges to the U.S. market essentially since 2003.
What country drinks the most orange juice?
Orange Juice Domestic Consumption by Country in MT
| Rank | Country | Domestic Consumption (MT) |
|---|---|---|
| 1 | EU-27 | 585,390 |
| 2 | United States | 497,000 |
| 3 | United Kingdom | 168,000 |
| 4 | China | 108,400 |
Which country grows the most citrus?
China
China is the top country by citrus fruit production in the world. As of 2020, citrus fruit production in China was 44.6 million tonnes that accounts for 28.07% of the world’s citrus fruit production. The top 5 countries (others are Brazil, India, Mexico, and the United States of America) account for 59.15% of it.
What race eats the most oranges?
Hispanics and people of “other” races (including Asians) have the highest orange consumption of all racial/ethnic groups. Consumers classified as high-income favor orange juice, while those in the low-income group have the highest per capita consumption of orange drink.
Who grows the most oranges in the US?
Florida
Florida produces more than 70 percent of the United States’ supply of citrus, with major export markets in Canada, Japan, France and the UK. In most seasons, more than 90 percent of America’s orange juice is made from Florida-grown oranges.