Global Lemon And Lime Market 2024

Lemon And Lime Market Size

The global lemon and lime market amounted to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Lemon And Lime Production

In value terms, lemon and lime production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 20% against the previous year. Global production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were India (X tons), Mexico (X tons) and China (X tons), together accounting for 45% of global production. Brazil, Turkey, Argentina, Spain, the United States, South Africa, Iran, Italy, Colombia and Sudan lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Colombia (with a CAGR of +12.6%), while production for the other global leaders experienced more modest paces of growth.

In 2022, the global average lemon and lime yield amounted to X tons per ha, flattening at 2021 figures. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 5.1% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the average lemon and lime yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of lemons and limes were harvested worldwide; waning by -4.2% against 2021 figures. The harvested area increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the harvested area increased by 6.9% against the previous year. As a result, the harvested area reached the peak level of X ha, and then contracted in the following year.

Lemon And Lime Exports

Exports

In 2022, shipments abroad of lemons and limes decreased by -7% to X tons for the first time since 2013, thus ending a eight-year rising trend. The total export volume increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, the exports attained the peak of X tons, and then dropped in the following year.

In value terms, lemon and lime exports dropped slightly to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.4% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 24%. The global exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Mexico (X tons), Spain (X tons), Turkey (X tons) and South Africa (X tons) represented the main exporter of lemons and limes in the world, making up 66% of total export. Argentina (X tons) held a 6.8% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (5.4%). Brazil (X tons), the United States (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +30.5%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest lemon and lime supplying countries worldwide were Spain ($X), Mexico ($X) and South Africa ($X), together accounting for 54% of global exports. The Netherlands, Turkey, the United States, Argentina, Brazil and Portugal lagged somewhat behind, together accounting for a further 32%.

Portugal, with a CAGR of +28.6%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, picking up by 2.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2016 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.3%), while the other global leaders experienced more modest paces of growth.

Lemon And Lime Imports

Imports

After ten years of growth, overseas purchases of lemons and limes decreased by -8.6% to X tons in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 11% against the previous year. Global imports peaked at X tons in 2021, and then fell in the following year.

In value terms, lemon and lime imports fell slightly to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.0% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by 22%. Global imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) represented the largest importer of lemons and limes, mixing up 22% of total imports. The Netherlands (X tons) held the second position in the ranking, followed by Russia (X tons), Germany (X tons), France (X tons) and Iraq (X tons). All these countries together took approx. 30% share of total imports. The UK (X tons), Poland (X tons), the United Arab Emirates (X tons), Italy (X tons), Canada (X tons), Spain (X tons) and Romania (X tons) took a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +5.4% from 2012 to 2022. At the same time, Iraq (+39.7%), the United Arab Emirates (+5.8%), the Netherlands (+5.3%), Romania (+4.9%), Poland (+4.1%), Germany (+3.9%), France (+3.5%), the UK (+3.1%), Canada (+2.0%), Spain (+1.9%) and Russia (+1.7%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +39.7% from 2012-2022. Italy experienced a relatively flat trend pattern. From 2012 to 2022, the share of Iraq and the United States increased by +5 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported lemons and limes worldwide, comprising 22% of global imports. The second position in the ranking was taken by Germany ($X), with a 9% share of global imports. It was followed by the Netherlands, with a 7.7% share.

In the United States, lemon and lime imports increased at an average annual rate of +14.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (+6.7% per year) and the Netherlands (+6.1% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, increasing by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15%. Global import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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