Nigeria: Lemon And Lime Market Overview 2021

Lemon And Lime Market Size in Nigeria

After three years of growth, the Nigerien lemon and lime market decreased by -X% to $X in 2019. Overall, consumption, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2018, and then dropped in the following year.

Lemon And Lime Exports

Exports from Nigeria

In 2019, shipments abroad of lemons and limes increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in years to come.

In value terms, lemon and lime exports skyrocketed to $X in 2019. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are expected to retain growth in the near future.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for lemon and lime exports from Nigeria, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for lemon and lime exports from Nigeria.

From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates stood at +X%.

Export Prices by Country

In 2019, the average lemon and lime export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Lemon And Lime Imports

Imports into Nigeria

In 2019, purchases abroad of lemons and limes decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then shrank in the following year.

In value terms, lemon and lime imports fell to $X in 2019. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2018, and then shrank in the following year.

Imports by Country

In 2019, South Africa (X tonnes) constituted the largest lemon and lime supplier to Nigeria, accounting for a X% share of total imports. Moreover, lemon and lime imports from South Africa exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. Israel (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from South Africa stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Israel (+X% per year).

In value terms, South Africa ($X) constituted the largest supplier of lemon and lime to Nigeria, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2007 to 2019, the average annual growth rate of value from South Africa totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Israel (+X% per year).

Import Prices by Country

In 2019, the average lemon and lime import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Spain ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Israel, while the prices for the other major suppliers experienced more modest paces of growth.

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), together comprising 40% 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), with a combined 44% share 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 Nigeria?

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In value terms, South Africa ($200K) constituted the largest supplier of lemon and lime to Nigeria, comprising 51% of total imports. The second position in the ranking was occupied by Italy ($85K), with a 22% share of total imports. It was followed by Israel, with a 11% share.

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

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In value terms, the United Arab Emirates ($30K) remains the key foreign market for lemon and lime exports from Nigeria.

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

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The average lemon and lime export price stood at $2,491 per tonne in 2019, rising by 28% against the previous year.

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

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The average lemon and lime import price stood at $1,083 per tonne in 2019, picking up by 8% against the previous year.