Hong Kong SAR, China - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights

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Oct 18, 2023

Price of Lemon and Lime in Hong Kong Decreases by 4%, Averaging $1,036 per Ton Following Five Consecutive Months of Decline

Hong Kong Lemon And Lime Import Price in June 2023

In June 2023, the lemon and lime price amounted to $1,036 per ton (CIF, Hong Kong), falling by -4% against the previous month. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 18% month-to-month. As a result, import price reached the peak level of $1,556 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($5,680 per ton), while the price for Argentina ($656 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Egypt (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Hong Kong Lemon And Lime Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Lemon And Lime in Hong Kong (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
China2,6813,3875,7163,8052,0001,8932,1562,1942,4802,5683,3223,8355,680
United States2,0625,4252,058N/AN/A2,5132,2063,4861,9892,2732,4842,1782,087
Singapore1,0401,003N/AN/AN/AN/A9931,0921,2281,2661,1791,095997
South Africa1,0019709419428557848436921,0311,0291,038929902
Argentina952788972N/AN/AN/AN/AN/AN/AN/A1,1901,192656
EgyptN/AN/AN/AN/AN/A1,0681,0341,0861,0799082,191N/AN/A
Average1,1621,0169961,0481,1951,3381,3231,5561,3171,3031,2991,0801,036

Hong Kong Lemon And Lime Imports

In June 2023, after two months of growth, there was significant decline in supplies from abroad of lemons and limes, when their volume decreased by -14.4% to 2.2K tons. Overall, imports recorded a mild setback. The growth pace was the most rapid in July 2022 with an increase of 102% against the previous month. As a result, imports reached the peak of 5.4K tons. From August 2022 to June 2023, the growth of imports remained at a lower figure.

In value terms, lemon and lime imports dropped sharply to $2.3M (IndexBox estimates) in June 2023. In general, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in November 2022 when imports increased by 81% m-o-m.

Hong Kong Lemon And Lime Imports by Country

In June 2023, South Africa (1.9K tons) constituted the largest supplier of lemon and lime to Hong Kong, accounting for a 85% share of total imports. Moreover, lemon and lime imports from South Africa exceeded the figures recorded by the second-largest supplier, the United States (68 tons), more than tenfold. Singapore (56 tons) ranked third in terms of total imports with a 2.6% share.

From June 2022 to June 2023, the average monthly growth rate of volume from South Africa amounted to -1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-1.1% per month) and Singapore (-2.8% per month).

In value terms, South Africa ($1.7M) constituted the largest supplier of lemon and lime to Hong Kong, comprising 74% of total imports. The second position in the ranking was held by China ($185K), with an 8.2% share of total imports. It was followed by the United States, with a 6.2% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value from South Africa totaled -2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-2.9% per month) and the United States (-1.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lemon and lime market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 497 - Lemons and limes

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Product
    11. Average Per Capita Consumption, by Product
    12. Exports and Growth, by Product
    13. Export Prices and Growth, by Product
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024

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Free Data: Lemons And Limes - Hong Kong SAR