Singapore: Lemon And Lime Market 2025

Lemon And Lime Market Size in Singapore

The Singaporean lemon and lime market reached $X in 2022, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Lemon And Lime Exports

Exports from Singapore

In 2022, shipments abroad of lemons and limes increased by 61% to X tons for the first time since 2015, thus ending a six-year declining trend. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 127%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, lemon and lime exports surged to $X in 2022. In general, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 173%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons), Brunei Darussalam (X tons) and Indonesia (X tons) were the main destinations of lemon and lime exports from Singapore, together accounting for 89% of total exports. Hong Kong SAR and Timor-Leste lagged somewhat behind, together comprising a further 9.9%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +20.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lemon and lime exported from Singapore were Malaysia ($X), Brunei Darussalam ($X) and Indonesia ($X), together comprising 86% of total exports. Hong Kong SAR and Timor-Leste lagged somewhat behind, together comprising a further 11%.

Hong Kong SAR, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lemon and lime export price stood at $X per ton in 2022, with a decrease of -6.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 28%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Timor-Leste ($X per ton) and Hong Kong SAR ($X per ton), while the average price for exports to Malaysia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

Lemon And Lime Imports

Imports into Singapore

In 2022, lemon and lime imports into Singapore rose significantly to X tons, with an increase of 5.9% on 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 -0.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 32% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, lemon and lime imports stood at $X in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 72%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons), Malaysia (X tons) and Vietnam (X tons) were the main suppliers of lemon and lime imports to Singapore, together comprising 76% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +15.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constituted the largest supplier of lemons and limes to Singapore, comprising 38% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 15% share of total imports. It was followed by Vietnam, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from South Africa stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+4.5% per year) and Vietnam (+11.9% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, reducing by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 30%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average 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 India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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