South-Eastern Asia: Lemon And Lime Market 2024

Lemon And Lime Market Size in South-Eastern Asia

In 2022, the Southeast Asian lemon and lime market decreased by X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lemon And Lime Production in South-Eastern Asia

In value terms, lemon and lime production expanded markedly to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Thailand (X tons) constituted the country with the largest volume of lemon and lime production, comprising approx. X% of total volume. Moreover, lemon and lime production in Thailand exceeded the figures recorded by the second-largest producer, Vietnam (X tons), threefold. The third position in this ranking was taken by Malaysia (X tons), with an X% share.

In Thailand, lemon and lime production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Malaysia (X% per year).

The average lemon and lime yield totaled X tons per ha in 2022, remaining relatively unchanged against 2021 figures. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. Over the period under review, the lemon and lime yield hit record highs at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of lemons and limes were harvested in South-Eastern Asia; remaining constant against the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the lemon and lime harvested area failed to regain momentum.

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Lemon And Lime Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of lemons and limes increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, lemon and lime exports soared to $X in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Vietnam dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Thailand (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%). Singapore (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lemon and lime exports from Vietnam stood at X%. At the same time, Thailand (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and Thailand increased by X and X percentage points, respectively.

In value terms, Vietnam ($X) remains the largest lemon and lime supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Vietnam, lemon and lime exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Lemon And Lime Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of lemons and limes decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, lemon and lime imports amounted to $X in 2022. Over the period under review, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. 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

Malaysia was the major importing country with an import of about X tons, which finished at X% of total imports. The Philippines (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and Indonesia (X%). The following importers - Brunei Darussalam (X tons), Thailand (X tons) and Lao People's Democratic Republic (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lemon and lime importing markets in South-Eastern Asia were Malaysia ($X), the Philippines ($X) and Singapore ($X), together comprising X% of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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