U.S. Lemon Prices to Increase on Rising Fertilizer Costs, Global Production to Gain 4% y/y in 2022
Feb 1, 2022
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Driven by growing logistics and fertilizer costs, lemon prices in the U.S. will rise despite expected increases in domestic and global production. In 2022, worldwide lemon and lime output is forecast to grow by 4% y/y to a record 22M tons due to increased acreages and favourable weather in Mexico, Turkey, South Africa and the U.S.