Argentina: Lemon And Lime Market Overview 2021

Lemon And Lime Market Size in Argentina

After four years of growth, the Argentinian lemon and lime market decreased by -X% to $X in 2019. Overall, the total consumption indicated moderate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2018, and then dropped sharply in the following year.

Lemon And Lime Production in Argentina

In value terms, lemon and lime production declined notably to $X in 2019 estimated in export prices. Overall, the total production indicated a tangible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, production reached the peak level at $X in 2018, and then declined rapidly in the following year.

In 2019, the average lemon and lime yield in Argentina fell to X tonnes per ha, with a decrease of -X% compared with 2018. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the average lemon and lime yield hit record highs at X tonnes per ha in 2013; however, from 2014 to 2019, 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.

In 2019, the lemon and lime harvested area in Argentina reduced to X ha, leveling off at 2018. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The lemon and lime harvested area peaked at X ha in 2018, and then fell slightly in the following year.

Lemon And Lime Exports

Exports from Argentina

In 2019, approx. X tonnes of lemons and limes were exported from Argentina; dropping by -X% compared with the year before. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, lemon and lime exports contracted rapidly to $X in 2019. Overall, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Russia (X tonnes), Spain (X tonnes) and Italy (X tonnes) were the main destinations of lemon and lime exports from Argentina, together accounting for X% of total exports. The U.S., the Netherlands, Greece, Ukraine, Canada, France, Romania, Poland, the UK and Germany lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S. (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lemon and lime exported from Argentina were Russia ($X), Spain ($X) and Italy ($X), together accounting for X% of total exports. The U.S., the Netherlands, Greece, Ukraine, Canada, Romania, Germany, France, Poland and the UK lagged somewhat behind, together comprising a further X U.S. (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average lemon and lime export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2019, the countries with the highest prices were Germany ($X per tonne) and Canada ($X per tonne), while the average price for exports to France ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Argentina

In 2019, imports of lemons and limes into Argentina declined to X tonnes, with a decrease of -X% compared with the previous year. Overall, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, lemon and lime imports contracted dramatically to $X in 2019. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Brazil (X tonnes) was the main lemon and lime supplier to Argentina, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Brazil amounted to -X%.

In value terms, Brazil ($X) constituted the largest supplier of lemon and lime to Argentina.

From 2007 to 2019, the average annual rate of growth in terms of value from Brazil amounted to -X%.

Import Prices by Country

In 2019, the average lemon and lime import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for Brazil amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lemons and limes in the world?

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The countries with the highest volumes of lemon and lime consumption in 2019 were India (3.5M tonnes), China (2.7M tonnes) and Mexico (1.9M tonnes), with a combined 40% share of global consumption. These countries were followed by Argentina, the U.S., Brazil, Turkey, Italy, Iran, Syrian Arab Republic, Sudan, Egypt and Colombia, which together accounted for a further 37%.

What are the largest producers of lemons and limes in the world?

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The countries with the highest volumes of lemon and lime production in 2019 were India (3.5M tonnes), Mexico (2.7M tonnes) and China (2.7M tonnes), together accounting for 44% of global production. These countries were followed by Argentina, Brazil, Turkey, Spain, the U.S., South Africa, Iran, Italy, Syrian Arab Republic and Egypt, which together accounted for a further 41%.

What are the leading suppliers of lemons and limes to Argentina?

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In value terms, Brazil ($212K) constituted the largest supplier of lemon and lime to Argentina.

What are the leading importers of lemons and limes from Argentina?

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In value terms, the largest markets for lemon and lime exported from Argentina were Russia ($38M), Spain ($24M) and Italy ($20M), with a combined 45% share of total exports. The U.S., the Netherlands, Greece, Ukraine, Canada, Romania, Germany, France, Poland and the UK lagged somewhat behind, together accounting for a further 44%.

What is the average export price for lemons and limes in Argentina?

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The average lemon and lime export price stood at $780 per tonne in 2019, dropping by -18.9% against the previous year.

What is the average import price for lemons and limes in Argentina?

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In 2019, the average lemon and lime import price amounted to $312 per tonne, dropping by -64.5% against the previous year.