Philippines: Lemon And Lime Market 2024

Lemon And Lime Market Size in the Philippines

In 2022, the Philippine lemon and lime market decreased by X% to $X, falling for the second year in a row after nine years of growth. Overall, consumption, however, saw significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lemon And Lime Production in the Philippines

In value terms, lemon and lime production reached $X in 2022 estimated in export price. Over the period under review, production showed a temperate expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

The average yield of lemons and limes in the Philippines shrank to X tons per ha in 2022, approximately mirroring 2021 figures. Overall, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X% against the previous year. The lemon and lime yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lemon and lime harvested area in the Philippines amounted to X ha in 2022, leveling off at 2021. In general, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the lemon and lime harvested area failed to regain momentum.

Lemon And Lime Exports

Exports from the Philippines

In 2022, the amount of lemons and limes exported from the Philippines skyrocketed to X tons, with an increase of X% compared with the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lemon and lime exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) and the United Arab Emirates (X tons) were the main destinations of lemon and lime exports from the Philippines.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%).

In value terms, the United States ($X) and the United Arab Emirates ($X) appeared to be the largest markets for lemon and lime exported from the Philippines worldwide.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw strong growth. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into the Philippines

In 2022, purchases abroad of lemons and limes decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, lemon and lime imports contracted sharply to $X in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main lemon and lime supplier to the Philippines, with a X% share of total imports. It was followed by Argentina (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of lemons and limes to the Philippines, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average lemon and lime import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price saw a prominent expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 Platform

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