Lemon And Lime Market Overview in the USA
In value terms, lemon and lime production shrank slightly to $ in 2019. Over the period under review, the total production indicated a buoyant increase 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 most prominent rate of growth was recorded in 2009 when the production volume increased by % year-to-year. Lemon and lime production peaked at $ in 2018, and then reduced modestly in the following year.
The average yield of lemons and limes in the U.S. was estimated at tonnes per ha in 2019, increasing by % on 2018. The yield figure increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. As a result, the yield reached the peak level of tonnes per ha. From 2013 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 total area harvested in terms of lemons and limes production in the U.S. stood at ha, almost unchanged from the year before. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous 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 value of the lemon and lime market in the U.S. rose rapidly 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 continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 when the market value increased by % year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to see steady growth in the immediate term.