Lemon And Lime Market Overview in the Philippines
In value terms, lemon and lime production reduced markedly to $ in 2019 estimated in export prices. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2013 when the production volume increased by % y-o-y. Lemon and lime production peaked at $ in 2018, and then fell sharply in the following year.
In 2019, the average yield of lemons and limes in the Philippines rose modestly to tonnes per ha, growing by % against 2018 figures. Overall, the yield, however, showed a perceptible descent. The pace of growth was the most pronounced in 2018 when the yield increased by % year-to-year. The lemon and lime yield peaked at tonnes per ha in 2007; however, from 2008 to 2019, the yield remained at a lower figure. 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 the Philippines contracted to ha in 2019, approximately reflecting the year before. Over the period under review, the harvested area continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. The lemon and lime harvested area peaked at ha in 2007; however, from 2008 to 2019, the harvested area stood at a somewhat lower figure.
The revenue of the lemon and lime market in the Philippines skyrocketed to $ in 2019, with an increase of % 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, consumption recorded a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.