Lemon And Lime Market Overview in Colombia
In value terms, lemon and lime production expanded remarkably to $ in 2019 estimated in export prices. Overall, production posted a strong expansion. The growth pace was the most rapid in 2014 with an increase of % y-o-y. Over the period under review, production hit record highs in 2019 and is likely to continue growth in years to come.
The average yield of lemons and limes in Colombia amounted to tonnes per ha in 2019, therefore, remained relatively stable against 2018. Over the period under review, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the yield increased by % year-to-year. The lemon and lime yield peaked at tonnes per ha in 2014; however, from 2015 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.
In 2019, approx. ha of lemons and limes were harvested in Colombia; jumping by % on 2018 figures. In general, the harvested area posted a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of % year-to-year. The lemon and lime harvested area peaked in 2019 and is likely to continue growth in the near future.
The revenue of the lemon and lime market in Colombia surged to $ in 2019, rising by % against 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). In general, consumption saw a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Lemon and lime consumption peaked in 2019 and is likely to see steady growth in the immediate term.