Lemon And Lime Market Overview in Chile
In value terms, lemon and lime production reduced to $ in 2019 estimated in export prices. Over the period under review, the total production indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -% against 2015 indices. The pace of growth appeared the most rapid in 2013 with an increase of % against the previous year. Lemon and lime production peaked at $ in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.
The average yield of lemons and limes in Chile was estimated at tonnes per ha in 2019, almost unchanged from the year before. The yield figure increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 with an increase of % y-o-y. Over the period under review, the average lemon and lime yield attained the peak level at tonnes per ha in 2015; however, from 2016 to 2019, the yield failed to regain the momentum. 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 Chile amounted to ha in 2019, remaining constant against the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. As a result, the harvested area reached the peak level of ha. From 2009 to 2019, the growth of the lemon and lime harvested area remained at a somewhat lower figure.
The revenue of the lemon and lime market in Chile stood at $ in 2019, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of % year-to-year. Over the period under review, the market reached the maximum level at $ in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.