Indonesia: Lemon And Lime Market 2022

Lemon And Lime Market Size in Indonesia

The Indonesian lemon and lime market fell significantly to $X in 2021, shrinking by -X% against 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). Over the period under review, consumption, however, continues to indicate a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Lemon And Lime Exports

Exports from Indonesia

In 2021, shipments abroad of lemons and limes decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, lemon and lime exports skyrocketed to $X in 2021. Overall, exports, however, recorded buoyant growth. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for lemon and lime exports from Indonesia, accounting for a X% share of total exports. Moreover, lemon and lime exports to Malaysia exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Malaysia amounted to +X%.

In value terms, France ($X) and Malaysia ($X) were the largest markets for lemon and lime exported from Indonesia worldwide.

Malaysia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average lemon and lime export price stood at $X per ton in 2021, surging by X% against the previous year. In general, the export price enjoyed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Malaysia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (X%).

Lemon And Lime Imports

Imports into Indonesia

Lemon and lime imports into Indonesia shrank significantly to X tons in 2021, waning by -X% on 2020 figures. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, lemon and lime imports shrank to $X in 2021. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest lemon and lime supplier to Indonesia, accounting for a X% share of total imports. Moreover, lemon and lime imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Turkey (+X% per year).

In value terms, the largest lemon and lime suppliers to Indonesia were Australia ($X), China ($X) and Argentina ($X), together comprising X% of total imports.

China, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average lemon and lime import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform