Peru: Lemon And Lime Market 2025

Lemon And Lime Market Size in Peru

The Peruvian lemon and lime market reached $X in 2022, picking up by 2.4% against the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.3% against 2020 indices. Lemon and lime consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lemon And Lime Production in Peru

In value terms, lemon and lime production rose to $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 35% against the previous year. Lemon and lime production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of lemons and limes in Peru declined to X tons per ha in 2022, which is down by -3.1% compared with 2021 figures. Overall, the yield indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of +2.1% 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 yield increased by +72.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the yield increased by 48% against the previous year. The lemon and lime yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the lemon and lime harvested area in Peru shrank slightly to X ha, remaining relatively unchanged against 2021 figures. The harvested area increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 22% against the previous year. The lemon and lime harvested area peaked at X ha in 2021, and then shrank in the following year.

Lemon And Lime Exports

Exports from Peru

In 2022, after five years of growth, there was significant decline in overseas shipments of lemons and limes, when their volume decreased by -10.5% to X tons. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 67%. The exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, lemon and lime exports fell to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 45%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Chile (X tons) was the main destination for lemon and lime exports from Peru, accounting for a 44% share of total exports. Moreover, lemon and lime exports to Chile exceeded the volume sent to the second major destination, the UK (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Chile totaled +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+27.6% per year) and the Netherlands (+44.5% per year).

In value terms, Chile ($X), the Netherlands ($X) and the UK ($X) were the largest markets for lemon and lime exported from Peru worldwide, with a combined 68% share of total exports. Panama, the United States, Germany, Bolivia and Ecuador lagged somewhat behind, together comprising a further 25%.

Among the main countries of destination, the United States, with a CAGR of +59.8%, 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, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bolivia ($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 Bolivia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Peru

In 2022, imports of lemons and limes into Peru dropped markedly to X tons, waning by -34.1% compared with 2021 figures. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 920%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, lemon and lime imports shrank remarkably to $X in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 772%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Chile (X tons) and the UK (X tons) were the main suppliers of lemon and lime imports to Peru, with a combined 94% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +54.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of lemons and limes to Peru, comprising 53% of total imports. The second position in the ranking was held by Chile ($X), with a 22% share of total imports. It was followed by the UK, with a 19% share.

From 2012 to 2022, the average annual growth rate of value from Mexico stood at +36.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+47.4% per year) and the UK (0.0% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price continues to indicate a mild contraction. The growth pace was the most rapid in 2015 when the average import price increased by 9.7%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Chile ($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 (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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