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Chile - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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Chile: Lemon And Lime Market Overview 2021

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Lemon And Lime Market Size in Chile

The Chilean lemon and lime market declined rapidly to $X in 2020, which is down by -X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Lemon And Lime Production in Chile

In value terms, lemon and lime production fell slightly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

In 2020, the average yield of lemons and limes in Chile totaled X tonnes per ha, rising by X% on the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X% y-o-y. Over the period under review, the average lemon and lime yield hit record highs in 2020 and is likely to see gradual growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the lemon and lime harvested area in Chile reduced modestly to X ha, approximately reflecting the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. from 2009 to 2020, the growth of the lemon and lime harvested area failed to regain the momentum.

Lemon And Lime Exports

Exports from Chile

For the third year in a row, Chile recorded growth in shipments abroad of lemons and limes, which increased by X% to X tonnes in 2020. Over the period under review, exports recorded a tangible expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, lemon and lime exports expanded markedly to $X in 2020. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for lemon and lime exports from Chile, accounting for a X% share of total exports. Moreover, lemon and lime exports to the U.S. exceeded the volume sent to the second major destination, Japan (X tonnes), threefold. China (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and China (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for lemon and lime exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2020, the average lemon and lime export price amounted to $X per tonne, which is down by -X% against the previous year. In general, export price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, lemon and lime export price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Japan ($X per tonne), while the average price for exports to Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina, while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Chile

In 2020, overseas purchases of lemons and limes decreased by -X% to X tonnes for the first time since 2015, thus ending a four-year rising trend. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2019, and then shrank remarkably in the following year.

In value terms, lemon and lime imports dropped dramatically to $X in 2020. Overall, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then shrank dramatically in the following year.

Imports by Country

In 2020, Peru (X tonnes) constituted the largest lemon and lime supplier to Chile, with a X% share of total imports. Moreover, lemon and lime imports from Peru exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Peru stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Colombia (+X% per year).

In value terms, Peru ($X) constituted the largest supplier of lemon and lime to Chile, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Peru totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Colombia (+X% per year).

Import Prices by Country

In 2020, the average lemon and lime import price amounted to $X per tonne, increasing by X% against the previous year. In general, import price indicated a strong expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Peru ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lemons and limes in the world?
+
The countries with the highest volumes of lemon and lime consumption in 2020 were India (3.6M tonnes), China (2.5M tonnes) and Mexico (2M tonnes), with a combined 39% share of global consumption. Argentina, the U.S., Brazil, Turkey, Italy, Iran, Syrian Arab Republic, Colombia and Sudan lagged somewhat behind, together comprising a further 36%.
What are the largest producers of lemons and limes in the world?
+
The countries with the highest volumes of lemon and lime production in 2020 were India (3.6M tonnes), Mexico (2.8M tonnes) and China (2.6M tonnes), together comprising 44% of global production. Argentina, Brazil, Turkey, Spain, the U.S., South Africa, Iran, Italy, Syrian Arab Republic and Colombia lagged somewhat behind, together comprising a further 42%.
What are the leading suppliers of lemons and limes to Chile?
+
In value terms, Peru ($1.4M) constituted the largest supplier of lemon and lime to Chile, comprising 68% of total imports. The second position in the ranking was occupied by the U.S. ($425K), with a 20% share of total imports.
What are the leading importers of lemons and limes from Chile?
+
In value terms, the U.S. ($77M) remains the key foreign market for lemon and lime exports from Chile, comprising 53% of total exports. The second position in the ranking was occupied by Japan ($33M), with a 23% share of total exports. It was followed by South Korea, with a 6.4% share.
What is the average export price for lemons and limes in Chile?
+
In 2020, the average lemon and lime export price amounted to $1,436 per tonne, reducing by -2% against the previous year.
What is the average import price for lemons and limes in Chile?
+
In 2020, the average lemon and lime import price amounted to $1,437 per tonne, surging by 35% against the previous year.

Product coverage:
• FCL 497 - Lemons and limes

This report provides an in-depth analysis of the lemon and lime market in Chile. 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 2025.


Country coverage:
• Chile

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Chile
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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