Singapore: Lemon And Lime Market 2024

Lemon And Lime Market Size in Singapore

The Singaporean lemon and lime market reached $X in 2022, flattening at 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). The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Lemon and lime consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Lemon And Lime Exports

Exports from Singapore

In 2022, overseas shipments of lemons and limes were finally on the rise to reach X tons after six years of decline. In general, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, lemon and lime exports surged to $X in 2022. Overall, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons), Brunei Darussalam (X tons) and Indonesia (X tons) were the main destinations of lemon and lime exports from Singapore, together accounting for X% of total exports. Hong Kong SAR and Timor-Leste lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Brunei Darussalam ($X) and Indonesia ($X) were the largest markets for lemon and lime exported from Singapore worldwide, with a combined X% share of total exports. Hong Kong SAR and Timor-Leste lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Timor-Leste ($X per ton) and Hong Kong SAR ($X per ton), while the average price for exports to Malaysia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (X%), while the prices for the other major destinations experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Lemon And Lime Imports

Imports into Singapore

In 2022, the amount of lemons and limes imported into Singapore rose rapidly to X tons, increasing by X% on the previous year. Overall, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, lemon and lime imports totaled $X in 2022. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons), Malaysia (X tons) and Vietnam (X tons) were the main suppliers of lemon and lime imports to Singapore, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constituted the largest supplier of lemons and limes to Singapore, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average lemon and lime import price amounted to $X per ton, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :