Portugal: Lemon And Lime Market 2024

Lemon And Lime Market Size in Portugal

The Portuguese lemon and lime market reduced rapidly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then declined sharply in the following year.

Lemon And Lime Production in Portugal

In value terms, lemon and lime production rose to $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Lemon and lime production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average lemon and lime yield in Portugal rose modestly to X tons per ha, picking up by X% compared with 2021. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the average lemon and lime yield reached the peak level at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of lemons and limes in Portugal amounted to X ha, approximately equating the previous year's figure. Over the period under review, the harvested area enjoyed resilient growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to lemon and lime production attained the maximum at X ha in 2020; afterwards, it flattened through to 2022.

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Lemon And Lime Exports

Exports from Portugal

For the third consecutive year, Portugal recorded growth in overseas shipments of lemons and limes, which increased by X% to X tons in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lemon and lime exports soared to $X in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Spain (X tons) was the main destination for lemon and lime exports from Portugal, with a X% share of total exports. Moreover, lemon and lime exports to Spain exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Poland (X% per year).

In value terms, Spain ($X) remains the key foreign market for lemons and limes exports from Portugal, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Lemon And Lime Imports

Imports into Portugal

In 2022, overseas purchases of lemons and limes increased by X% to X tons, rising for the seventh consecutive year after two years of decline. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, lemon and lime imports stood at $X in 2022. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, South Africa (X tons) constituted the largest lemon and lime supplier to Portugal, with a X% share of total imports. Moreover, lemon and lime imports from South Africa exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Argentina (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Argentina (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of lemons and limes to Portugal, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the average lemon and lime import price amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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