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Latin America and the Caribbean - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Lemon And Lime Market Overview 2021

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Lemon And Lime Market Size in Latin America and the Caribbean

The Latin American lemon and lime market shrank modestly to $X in 2019, reducing by -X% against the previous year. The total consumption indicated temperate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2010 indices. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018, and then declined modestly in the following year.

Lemon And Lime Production in Latin America and the Caribbean

In value terms, lemon and lime production dropped to $X in 2019 estimated in export prices. The total production indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The level of production peaked at $X in 2018, and then declined in the following year.

The countries with the highest volumes of lemon and lime production in 2019 were Mexico (X tonnes), Argentina (X tonnes) and Brazil (X tonnes), together accounting for X% of total production. These countries were followed by Colombia, Peru, Chile and Guatemala, which together accounted for a further X 2007 to 2019, the biggest increases were in Colombia, while lemon and lime production for the other leaders experienced more modest paces of growth.

The average lemon and lime yield fell slightly to X tonnes per ha in 2019, remaining relatively unchanged against 2018 figures. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the yield increased by X% y-o-y. Over the period under review, the lemon and lime yield reached the maximum level at X tonnes per ha in 2018, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of lemons and limes in Latin America and the Caribbean stood at X ha, growing by X% compared with 2018. The harvested area increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The level of harvested area peaked in 2019 and is likely to see gradual growth in years to come.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of lemon and lime production in 2019 were Mexico (X tonnes), Argentina (X tonnes) and Brazil (X tonnes), together comprising X% of total production. Colombia, Peru, Chile and Guatemala lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Colombia, while lemon and lime production for the other leaders experienced more modest paces of growth.

Lemon And Lime Exports

Exports in Latin America and the Caribbean

Lemon and lime exports shrank modestly to X tonnes in 2019, remaining constant against the year before. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2018, and then fell in the following year.

In value terms, lemon and lime exports declined to $X in 2019. Total exports indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. The level of export peaked at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

Mexico was the major exporting country with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by Argentina (X tonnes), Brazil (X tonnes) and Chile (X tonnes), together committing a X% share of total exports. The following exporters - Colombia (X tonnes) and Uruguay (X tonnes) - each reached a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to lemon and lime exports from Mexico stood at +X%. At the same time, Colombia (+X%), Chile (+X%), Brazil (+X%) and Uruguay (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Mexico, Chile and Brazil increased by +X%, +X% and +X% percentage points, while Argentina (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest lemon and lime supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Mexico amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-X% per year) and Chile (+X% per year).

Export Prices by Country

The lemon and lime export price in Latin America and the Caribbean stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Over the period under review, export prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Colombia, while the other leaders experienced more modest paces of growth.

Lemon And Lime Imports

Imports in Latin America and the Caribbean

In 2019, approx. X tonnes of lemons and limes were imported in Latin America and the Caribbean; picking up by X% against 2018. In general, imports saw strong growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are likely to see steady growth in the immediate term.

In value terms, lemon and lime imports expanded sharply to $X in 2019. Over the period under review, imports enjoyed a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2019 and are likely to continue growth in the immediate term.

Imports by Country

Chile represented the major importer of lemons and limes in Latin America and the Caribbean, with the volume of imports recording X tonnes, which was near X% of total imports in 2019. Brazil (X tonnes) occupied an X% share (based on tonnes) of total imports, which put it in second place, followed by Mexico (X%), Panama (X%) and Paraguay (X%). The following importers - Bahamas (X tonnes), Haiti (X tonnes), Costa Rica (X tonnes), Ecuador (X tonnes), Uruguay (X tonnes), Antigua and Barbuda (X tonnes), Colombia (X tonnes) and Argentina (X tonnes) - together made up X% of total imports.

Imports into Chile increased at an average annual rate of +X% from 2007 to 2019. At the same time, Panama (+X%), Antigua and Barbuda (+X%), Mexico (+X%), Uruguay (+X%), Brazil (+X%), Paraguay (+X%), Colombia (+X%), Ecuador (+X%), Costa Rica (+X%) and Bahamas (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, Argentina (-X%) and Haiti (-X%) illustrated a downward trend over the same period. Chile (+X p.p.), Mexico (+X p.p.), Brazil (+X p.p.), Panama (+X p.p.), Paraguay (+X p.p.) and Antigua and Barbuda (+X p.p.) significantly strengthened its position in terms of the total imports, while Bahamas, Argentina and Haiti saw its share reduced by -X%, -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported lemons and limes in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Chile amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Brazil (+X% per year).

Import Prices by Country

The lemon and lime import price in Latin America and the Caribbean stood at $X per tonne in 2019, almost unchanged from the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, import prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bahamas ($X per tonne), while Paraguay ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Costa Rica, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lemons and limes in LatAmerica and the Caribbean?
+
The countries with the highest volumes of lemon and lime consumption in 2019 were Mexico (1.9M tonnes), Argentina (1.7M tonnes) and Brazil (1.4M tonnes), with a combined 81% share of total consumption. These countries were followed by Colombia, Peru, Guatemala and Chile, which together accounted for a further 13%.
What are the largest producers of lemons and limes in LatAmerica and the Caribbean?
+
The countries with the highest volumes of lemon and lime production in 2019 were Mexico (2.7M tonnes), Argentina (1.9M tonnes) and Brazil (1.5M tonnes), together accounting for 83% of total production. These countries were followed by Colombia, Peru, Chile and Guatemala, which together accounted for a further 13%.
What are the leading exporters of lemons and limes in LatAmerica and the Caribbean?
+
In value terms, Mexico ($560M) remains the largest lemon and lime supplier in Latin America and the Caribbean, comprising 56% of total exports. The second position in the ranking was occupied by Argentina ($181M), with a 18% share of total exports. It was followed by Chile, with a 10% share.
What are the leading importers of lemons and limes in LatAmerica and the Caribbean?
+
In value terms, Chile ($16M) constitutes the largest market for imported lemons and limes in Latin America and the Caribbean, comprising 43% of total imports. The second position in the ranking was occupied by Mexico ($4.1M), with a 12% share of total imports. It was followed by Brazil, with a 11% share.
What is the average export price for lemons and limes in LatAmerica and the Caribbean?
+
The lemon and lime export price in Latin America and the Caribbean stood at $804 per tonne in 2019, reducing by -6.5% against the previous year.
What is the average import price for lemons and limes in LatAmerica and the Caribbean?
+
In 2019, the lemon and lime import price in Latin America and the Caribbean amounted to $966 per tonne, standing approx. at the previous year.

Product coverage:
• FCL 497 - Lemons and limes

This report provides an in-depth analysis of the lemon and lime market in Latin America and the Caribbean. 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:
• Anguilla
• Aruba
• Barbados
• Belize
• Bermuda
• British Virgin Islands
• Cayman Islands
• Curacao
• Falkland Islands (Malvinas)
• Montserrat
• Nicaragua
• Panama
• Saint Kitts and Nevis
• Saint Maarten (Dutch part)
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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