Browse Data and Analysis

Post revises production estimates for MY 2023/24 down to 18.8 million tons accounting for hot and dry El Niño weather effects and limitations regarding labor. Top importing countries continue to drive demand and stocks drop to 1.83 million tons for MY 2023/24.

Peru’s mandarin/tangerine production and exports are expected to recover and increase by two and three percent, respectively, in MY 2023/2024 (March 2024 to February 2025). Production is forecast to reach 560,000 metric tons (MT), while exports are forecast to recover to 210,000 MT.

The Malaysian food and beverage sector continues to grow steadily. U.S. exporters can expect new opportunities in the expanding food manufacturing sector especially for food ingredients.