Sri Lanka - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Sri Lanka - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights

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Lemon and Lime Price in Sri Lanka - 2021

Contents:

  1. Lemon and Lime Price in Sri Lanka (FOB) - 2022
  2. Lemon and Lime Price in Sri Lanka (CIF) - 2022
  3. Lemon and Lime Exports in Sri Lanka
  4. Lemon and Lime Imports in Sri Lanka

Lemon and Lime Price in Sri Lanka (FOB) - 2022

In 2022, the average lemon and lime export price amounted to $1,810 per ton, jumping by 21% against the previous year. Overall, the export price, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 109% against the previous year. The export price peaked at $2,159 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,464 per ton), while the average price for exports to the United Arab Emirates ($402 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 Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lemon and Lime Price in Sri Lanka (CIF) - 2022

The average lemon and lime import price stood at $2,705 per ton in 2022, surging by 202% against the previous year. In general, the import price posted a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,773 per ton), while the price for India ($1,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+315.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Lemon and Lime Exports in Sri Lanka

For the third year in a row, Sri Lanka recorded decline in overseas shipments of lemons and limes, which decreased by -65.3% to 55 tons in 2022. In general, exports recorded a sharp decrease. The smallest decline of -36.3% was in 2021.

In value terms, lemon and lime exports fell significantly to $99K in 2022. Over the period under review, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 7.4%. As a result, the exports reached the peak of $446K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Lemon and Lime in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany43.725.982.947.02.5%
Saudi Arabia14628622.324.4-44.9%
Maldives1.65.419.513.8105.1%
United Arab Emirates12735.477.99.7-57.6%
Qatar56.872.13.9N/A-73.8%
Others40.621.030.64.4-52.3%
Total41644623799.4-37.9%

Top Export Markets for Lemon and Lime from Sri Lanka in 2022:

  1. Qatar (undefined tons)
  2. United Arab Emirates (24.1 tons)
  3. Maldives (16.1 tons)
  4. Saudi Arabia (9.5 tons)
  5. Germany (4.5 tons)

Lemon and Lime Imports in Sri Lanka

In 2022, purchases abroad of lemons and limes decreased by -95.1% to 465 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 21 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lemon and lime imports reduced sharply to $1.3K in 2022. Overall, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Lemon and Lime in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A0.10.40.9200.0%
Saudi Arabia0.10.50.70.344.2%
FranceN/AN/AN/A0.10%
Spain5.4N/AN/AN/A0%
Australia1.54.13.1N/A43.8%
India2.33.31.9N/A-9.1%
South Africa0.11.10.9N/A200.0%
Italy0.8N/AN/AN/A0%
Netherlands0.11.00.8N/A182.8%
TurkeyN/A2.0N/AN/A0%
Others0.21.20.7N/A87.1%
Total10.513.38.51.3-50.2%

Top Suppliers of Lemon and Lime to Sri Lanka in 2022:

  1. United Arab Emirates (309.0 kg)
  2. Saudi Arabia (113.0 kg)
  3. India (23.0 kg)
  4. France (20.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lemon and lime market in Sri Lanka. 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:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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