Indonesia: Lemon And Lime Market 2024

Lemon And Lime Market Size in Indonesia

In 2022, after two years of decline, there was significant growth in the Indonesian lemon and lime market, when its value increased by 52% to $X. Over the period under review, consumption saw a prominent increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Lemon And Lime Exports

Exports from Indonesia

In 2022, overseas shipments of lemons and limes decreased by -20.1% to X tons, falling for the third year in a row after two years of growth. In general, exports showed a pronounced downturn. The growth pace was the most rapid in 2019 when exports increased by 50% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, lemon and lime exports fell rapidly to $X in 2022. Overall, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 43%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for lemon and lime exports from Indonesia, accounting for a 87% share of total exports. Moreover, lemon and lime exports to Malaysia exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia stood at -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+27.6% per year) and the United Arab Emirates (+4.8% per year).

In value terms, the largest markets for lemon and lime exported from Indonesia were France ($X), Malaysia ($X) and the United Arab Emirates ($X), with a combined 84% share of total exports.

Among the main countries of destination, France, with a CAGR of +31.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other 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 2.1% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Indonesia

In 2022, after two years of decline, there was significant growth in overseas purchases of lemons and limes, when their volume increased by 36% to X tons. In general, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of 118% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lemon and lime imports surged to $X in 2022. Overall, imports posted a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by 118%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest lemon and lime supplier to Indonesia, with a 68% share of total imports. Moreover, lemon and lime imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), more than tenfold. Singapore (X tons) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+9.0% per year) and Singapore (+10.0% per year).

In value terms, China ($X) constituted the largest supplier of lemons and limes to Indonesia, comprising 62% of total imports. The second position in the ranking was taken by Argentina ($X), with a 7.3% share of total imports. It was followed by Australia, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+10.7% per year) and Australia (+9.5% per year).

Import Prices by Country

In 2022, the average lemon and lime import price amounted to $X per ton, increasing by 14% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lemon and lime import price decreased by -18.9% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 78%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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