News

  • 13 Jan
    Spain – Country will produce an estimated 6.705 million tonnes of citrus this season

    Spain – Country will produce an estimated 6.705 million tonnes of citrus this season

    According to the latest estimates, Spain produced 7.045 million tonnes of citrus in the 2020/2021 campaign, i.e. 12.6% more than in the 2019/2020 campaign and 6.2% more than the average of the previous five campaigns, ranking as the fourth-highest harvest. In the domestic market, there was an 11% increase in mandarin consumption.

    Exports until June totalled 3.6 million tonnes, with a value of almost 3,400 million euro, i.e. 7.1% higher than the average of the last five seasons. The commercial balance is very positive, 3,208 million euro, with a coverage rate of 2.1%.

    The Ministry of Agriculture, Fisheries, and Food (MAPA) has made public its forecast for the 2021/2022 citrus campaign. Spain will produce 6.705 million tonnes of citrus, 4 8% less than in the previous season and 2.1% less than the average of the last five years. The greatest decrease in absolute terms will occur in small citrus fruits, and in percentage terms in lemon, which were the types of citrus that had the biggest increase in production in the past season. Grapefruit, on the other hand, will grow significantly, while the volume of oranges will remain stable (+ 0.4%).

    The country will produce 3,511,079 tonnes of oranges, which will account for 52.4% of the total citrus production, and 73% of the oranges produced will correspond to the Navel group. The production of small citrus fruits will rise to 2,083,000 tonnes, accounting for 31% of the total. 51% of the small citrus produced will be clementine.

    According to the Ministry’s forecast, the country will harvest 1,011,458 tonnes of lemons (15% of the total production) and 84,010 tons of grapefruit (1.25%). In addition, Spain will produce 11,197 tonnes of other citrus fruits (including bitter orange), which will account for 0.17% of all citrus production. FreshPlaza

    By Caroline Calder News
  • 13 Jan
    World Citrus Organisation (WCO) presents annual Northern Hemisphere Citrus Forecast

    World Citrus Organisation (WCO) presents annual Northern Hemisphere Citrus Forecast

    The WCO Secretariat has released its annual Northern Hemisphere Citrus Forecast for the upcoming season (2021-22). The preliminary Forecast is based on data from industry associations from Egypt, Greece, Israel, Italy, Morocco, Spain, Tunisia, Turkey, in addition to the United States (based on USDA reports for Arizona, California, Florida, and Texas).

    Philippe Binard, Secretary General of WCO stated: “The Forecast shows that the 2021-22 Northern Hemisphere citrus crop is projected to reach 29.342.000 tonnes, which represents a 1.27% decrease compared to the previous season”.
    Orange production is projected to decrease by 3.45% to a total of 15.485.106 tonnes. A slight decrease is also expected for grapefruit (-0.34%, 946.521 tonnes) and soft citrus (-0.70%, 8.456.112 tonnes) production. Lemon production, on the other hand, is estimated to increase by 5.64% and reach 4.454.327 tonnes. In Europe Union, citrus production is forecasted to experience a 9.35% decrease in Greece, a 7.74% decrease in Spain, and a 2.62% decrease in Italy.

    In the Southern rim of the Mediterranean, production is projected to decrease in Tunisia (-21.97%), remain stable in Egypt (-0.06%), and increase in Israel (+26.63%), Turkey (+21.85%), and Morocco (+5.53%). The citrus crop in the United States is expected to decrease by 11.79% compared to last year.
    Binard added: “WCO has also engaged for citrus with the China’s Chamber of Commerce for foodstuffs (CFNA) and Ministry of Agriculture (MoA) to collect their estimates. This has overall provided an overview of the Northern Hemisphere covering a grand total of 83.2 Mio tonnes of citrus from the Northern Hemisphere for the next season” This is the result of the forecast in China, for an increase in citrus production by 5.23%, reaching 53.900.000 tonnes in the upcoming season.  WorldCitrusOrganisation

    By Caroline Calder News
  • 13 Jan
    Latin America – ADM acquires Latin American ingredient supplier

    Latin America – ADM acquires Latin American ingredient supplier

    ADM has acquired Flavor Infusion International SA, Panama City, Panama, a supplier of liquid and powder flavours, emulsions, beverage systems, juice bases, mixes and other ingredients.  “We’re excited to open up new growth opportunities in Latin America and the Caribbean with the addition of FISA,” said Vince Macciocchi, President of ADM’s nutrition business. “Our nutrition segment has been delivering profit growth of 15% to 20% a year, and our flavours business has been an important driver of that success, with annual sales growth of more than 10%. This acquisition represents another important bolt-on addition as we expand our capabilities in this high-value segment.” Flavor Infusion International has two manufacturing facilities in the region, one in Panama and the other in Colombia.

    This is ADM’s second acquisition in the past few months. In early November last year, the company reached an agreement to acquire Kennesaw, Ga.-based Deerland Probiotics & Enzymes. Deerland is a supplier of probiotics, prebiotics and enzyme technologies. FoodBusinessNews

    By Caroline Calder News
  • 13 Jan
    Africa – Coca Cola HBC completes acquisition of a majority stake in Cocoa Bottling Company of Egypt

    Africa – Coca Cola HBC completes acquisition of a majority stake in Cocoa Bottling Company of Egypt

    Coca-Cola HBC annonces the completion of the acquisition by its wholly-owned subsidiary, Coca-Cola HBC Holdings BV of approximately 52.7% of Coca-Cola Bottling Company of Egypt SAE (CCBCE) from MAC Beverages Limited (MBL) for a cash consideration of USD304 million.

    The acquisition gives Coca-Cola HBC access to the second-largest non-alcoholic ready-to-drink (NARTD) market in Africa by volume, building on existing scale in Africa and increasing Coca-Cola HBC’s exposure to high growth geographies. There is a significant opportunity to leverage Coca-Cola HBC’s proven route-to-market capabilities and 70 years of experience operating in emerging markets to increase penetration of The Coca-Cola Company’s brand portfolio and drive category leadership.

    MarketScreener

    By Caroline Calder News
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