Vietnam: Lemon And Lime Market Overview 2021

Lemon And Lime Market Size in Vietnam

The Vietnamese lemon and lime market reduced sharply to $X in 2019, waning by -X% against the previous year. Overall, consumption saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Lemon And Lime Production in Vietnam

In value terms, lemon and lime production contracted to $X in 2019 estimated in export prices. In general, production posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2019, production growth remained at a somewhat lower figure.

The average yield of lemons and limes in Viet Nam amounted to X kg per ha in 2019, flattening at the year before. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lemon and lime harvested area in Viet Nam totaled X ha in 2019, standing approx. at the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Lemon And Lime Exports

Exports from Vietnam

Lemon and lime exports from Viet Nam surged to X tonnes in 2019, increasing by X% on the previous year. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, lemon and lime exports surged to $X in 2019. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in years to come.

Exports by Country

The United Arab Emirates (X tonnes), the Netherlands (X tonnes) and Qatar (X tonnes) were the main destinations of lemon and lime exports from Viet Nam, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the Netherlands ($X) and Qatar ($X) constituted the largest markets for lemon and lime exported from Viet Nam worldwide, together accounting for X% of total exports.

Qatar (+X% per year) saw the highest rates of growth with regard to 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

The average lemon and lime export price stood at $X per tonne in 2019, falling by -X% against the previous year. Overall, the export price, however, showed strong growth. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2019, the countries with the highest prices were the Netherlands ($X per tonne) and Malaysia ($X per tonne), while the average price for exports to Bahrain ($X per tonne) and Singapore ($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 Bahrain, while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Vietnam

For the sixth consecutive year, Viet Nam recorded growth in purchases abroad of lemons and limes, which increased by X% to X tonnes in 2019. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, lemon and lime imports surged to $X in 2019. Overall, imports showed a slight expansion. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

Hong Kong SAR (X tonnes), Swaziland (X tonnes) and South Africa (X tonnes) were the main suppliers of lemon and lime imports to Viet Nam, with a combined X% share of total imports. The United Arab Emirates, China, Egypt and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of lemon and lime to Viet Nam, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Hong Kong SAR totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China (+X% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Swaziland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., 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. Argentina, the U.S., Brazil, Turkey, Italy, Iran, Syrian Arab Republic, Sudan, Egypt and Colombia lagged somewhat behind, together accounting 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. Argentina, Brazil, Turkey, Spain, the U.S., South Africa, Iran, Italy, Syrian Arab Republic and Egypt lagged somewhat behind, together comprising a further 41%.

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

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In value terms, Hong Kong SAR ($30K) constituted the largest supplier of lemon and lime to Viet Nam, comprising 48% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($5.7K), with a 9.3% share of total imports. It was followed by China, with a 8.6% share.

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

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In value terms, the United Arab Emirates ($13M), the Netherlands ($10M) and Qatar ($1.8M) were the largest markets for lemon and lime exported from Viet Nam worldwide, with a combined 79% share of total exports.

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

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The average lemon and lime export price stood at $1,058 per tonne in 2019, reducing by -13.3% against the previous year.

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

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The average lemon and lime import price stood at $1,175 per tonne in 2019, shrinking by -11.8% against the previous year.