Uruguay: Lemon And Lime Market 2024

Lemon And Lime Market Size in Uruguay

The Uruguayan lemon and lime market soared to $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated a modest increase from 2012 to 2022: its value 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, consumption increased by X% against 2014 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Lemon And Lime Production in Uruguay

In value terms, lemon and lime production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Lemon and lime production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of lemons and limes in Uruguay totaled X tons per ha, approximately reflecting 2021. Over the period under review, the yield, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 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 stood at a somewhat lower figure. 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 Uruguay; with an increase of X% compared with the year before. Over the period under review, the harvested area posted strong growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The lemon and lime harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Lemon And Lime Exports

Exports from Uruguay

In 2022, approx. X tons of lemons and limes were exported from Uruguay; with a decrease of X% compared with 2021. Overall, exports showed a mild decline. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at X tons in 2021, and then reduced rapidly in the following year.

In value terms, lemon and lime exports dropped significantly to $X in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Spain (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of lemon and lime exports from Uruguay, with a combined X% share of total exports. Brazil, the United States, Canada, Portugal and the UK lagged somewhat behind, together accounting for 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 the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lemon and lime exported from Uruguay were the Netherlands ($X), Spain ($X) and Italy ($X), together accounting for X% of total exports. Brazil, the United States, Canada, Portugal and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest growth rate of 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

The average lemon and lime export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Lemon And Lime Imports

Imports into Uruguay

In 2022, supplies from abroad of lemons and limes decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a tangible increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, lemon and lime imports dropped dramatically to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of lemon and lime to Uruguay, accounting for a X% share of total imports. Moreover, lemon and lime imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fivefold. Bolivia (X tons) ranked third in terms of total imports with an X% share.

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

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

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Bolivia (X% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Egypt ($X per ton) and Bolivia ($X per ton), while the price for Argentina ($X per ton) and Brazil ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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