Orange Market Overview in Brunei Darussalam
In value terms, orange production rose to $ in estimated in export prices. Overall, production showed a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by % year-to-year. Orange production peaked in and is likely to see gradual growth in the immediate term.
The average yield of oranges in Brunei Darussalam amounted to tonnes per ha in , surging by % compared with the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of % y-o-y. Over the period under review, the average orange yield reached the peak level in and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The orange harvested area in Brunei Darussalam contracted to ha in , approximately mirroring 2019 figures. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of % against the previous year. As a result, the harvested area attained the peak level of ha. From 2013 to , the growth of the orange harvested area remained at a somewhat lower figure.
The revenue of the orange market in Brunei Darussalam fell remarkably to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2010 when the market value increased by % year-to-year. Over the period under review, the market reached the peak level at $ in 2019, and then contracted dramatically in the following year.