Lemon And Lime Market Overview in Mexico
In value terms, lemon and lime production expanded modestly to $ in 2019 estimated in export prices. Over the period under review, production posted a moderate expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by % y-o-y. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.
The average yield of lemons and limes in Mexico reached tonnes per ha in 2019, surging by % against the year before. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of % against the previous year. As a result, the yield reached the peak level of tonnes per ha. From 2009 to 2019, the growth of the average lemon and lime 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, the lemon and lime harvested area in Mexico was estimated at ha, increasing by % on the year before. The harvested area increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the harvested area increased by % year-to-year. The lemon and lime harvested area peaked in 2019 and is likely to see steady growth in the near future.
The size of the lemon and lime market in Mexico expanded significantly to $ in 2019, picking up 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). Overall, the total consumption indicated a pronounced increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2016 indices. The pace of growth was the most pronounced in 2014 when the market value increased by % y-o-y. Over the period under review, the market hit record highs in 2019 and is likely to continue growth in the near future.