Venezuela: Lemon And Lime Market 2024

Lemon And Lime Market Size in Venezuela

The Venezuelan lemon and lime market amounted to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Lemon and lime consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Lemon And Lime Production in Venezuela

In value terms, lemon and lime production expanded rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average lemon and lime yield in Venezuela stood at X tons per ha, stabilizing at the year before. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the average lemon and lime yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. 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 Venezuela; almost unchanged from 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The lemon and lime harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Lemon And Lime Exports

Exports from Venezuela

In 2022, approx. X tons of lemons and limes were exported from Venezuela; waning by X% compared with 2021. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, lemon and lime exports shrank remarkably to $X in 2022. Over the period under review, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Spain (X tons) and France (X tons) were the main destinations of lemon and lime exports from Venezuela, together accounting for X% of total exports.

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

In value terms, Spain ($X), the United States ($X) and France ($X) appeared to be the largest markets for lemon and lime exported from Venezuela worldwide, together comprising X% of total exports.

Among the main countries of destination, France, 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, growing by X% against the previous year. Overall, the export price, however, recorded a slight reduction. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($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 Aruba (X%), while the prices for the other major destinations experienced a decline.

Lemon And Lime Imports

Imports into Venezuela

In 2022, the amount of lemons and limes imported into Venezuela expanded markedly to X kg, growing by X% against the previous year. In general, imports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, lemon and lime imports rose sharply to $X in 2022. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Lebanon (X kg) was the main supplier of lemon and lime to Venezuela, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Lebanon totaled X%.

In value terms, Lebanon ($X) constituted the largest supplier of lemons and limes to Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value from Lebanon totaled X%.

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Lebanon.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to X% per year.

Source: IndexBox Platform

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