The landscape of the Florida citrus industry has undergone significant transformations throughout its history. Over the past decade, it has faced substantial challenges in both supply and demand.
Florida orange juice production dropped by 85%, from 615 million gallons in the 2013–14 season to an estimated 94 million gallons in 2023–24. Even as imports increased to maintain demand, it is estimated that the global availability of OJ has fallen by 12% over the same timeframe. As Florida commits to replanting initiatives, understanding and fortifying consumer demand will be crucial amid elevated prices stemming from reduced production.
Read the full article on citrusindustry.net.