U.S. - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThe U.S. to Boost Imports of Lemons and Limes due to Decline in Domestic Production
IndexBox has just published a new report: 'U.S. - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
American imports of lemons and limes will rise this year as domestic production declines due to poor weather conditions in California. Average prices for imported lemons and limes are declining, while the prices of products produced locally are rising significantly. Mexico, Chile and Argentina will remain the largest suppliers of lemons and limes to the U.S. market.
Key Trends and Insights
Prices for lemons and limes grown in the U.S. are expected to continue to rise due to lower domestic production. According to the USDA reports, the reduced supply in the domestic market led to the fact that the average prices of local producers for fresh lemons increased by 8.4% from $25.57 per box in January 2020 to $27.71 per box in January 2021.
It is predicted that the domestic production of lemons by the end of 2021 will be 5-6% lower than in the previous year. The decline is due to lower yields in California due to adverse weather conditions and strong winds in coastal areas.
The decline in domestic production will be offset by a rise in imports, which by the end of 2021 will exceed the previous year's amount of 890 tons. The U.S. continues to rank first in global imports of lemons and limes. Mexico remains the country's primary trading partner, supplying 87% of all imported lemons and limes to the U.S. market.
In contrast to the rising prices for local products, the average price for imported lemons decreased from $872 per ton in 2020 to $773 per ton in 2021 (IndexBox estimates), which is stimulating the import of foreign products into the country. High crop yields as a result of favorable weather conditions allowed Mexican suppliers to lower product prices and increase their presence in the American market.
Lemon and Lime Market Size and Imports into the U.S.
After eight years of growth, the U.S. lemon and lime market decreased by -4.9% to $1.2B in 2020. In general, the total consumption indicated a strong increase from 2012 to 2020: its value increased at an average annual rate of +3.0% over the last eight-year period.
In 2020, approx. 853K tons of lemons and limes were imported into the U.S.; surging by 7.5% against the previous year. Overall, total imports indicated a prominent increase from 2012 to 2020: its volume increased at an average annual rate of +7.5% over the last eight-year period. In value terms, lemon and lime imports shrank modestly to $659M (IndexBox estimates) in 2020.
In 2020, Mexico (744K tons) constituted the largest supplier of lemon and lime to the U.S., accounting for an 87% share of total imports. Moreover, lemon and lime imports from Mexico exceeded the figures recorded by the second-largest supplier, Chile (54K tons), more than tenfold.
In value terms, Mexico ($513M) constituted the largest supplier of lemon and lime to the U.S., comprising 78% of total imports. The second position in the ranking was occupied by Chile ($75M), with an 11% share of total imports.
The average lemon and lime import price stood at $773 per ton in 2020, falling by -11.4% against the previous year. In general, import price indicated buoyant growth from 2012 to 2020: its price increased at an average annual rate of +5.4% over the last eight years
There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Argentina ($1,415 per ton), while the price for Mexico ($690 per ton) was amongst the lowest.
This report provides an in-depth analysis of the lemon and lime market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 497 - Lemons and limes
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
