ASEAN: Lemon And Lime Market 2024

Lemon And Lime Market Size in ASEAN

In 2022, the ASEAN lemon and lime market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Lemon And Lime Production in ASEAN

In value terms, lemon and lime production expanded markedly to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Thailand (X tons) remains the largest lemon and lime producing country in ASEAN, comprising approx. X% of total volume. Moreover, lemon and lime production in Thailand exceeded the figures recorded by the second-largest producer, Vietnam (X tons), threefold. Malaysia (X tons) ranked third in terms of total production with an X% share.

In Thailand, lemon and lime production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Malaysia (X% per year).

In 2022, the average lemon and lime yield in ASEAN stood at X tons per ha, leveling off at 2021. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. 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 dropped to X ha in 2022, standing approx. at the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the lemon and lime harvested area remained at a somewhat lower figure.

Lemon And Lime Exports

Exports in ASEAN

In 2022, overseas shipments of lemons and limes increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, lemon and lime exports soared to $X in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Vietnam dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X tons) and Malaysia (X tons), together constituting a X% share of total exports. Singapore (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lemon and lime exports from Vietnam stood at X%. At the same time, Thailand (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest lemon and lime supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Vietnam, lemon and lime exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Lemon And Lime Imports

Imports in ASEAN

In 2022, purchases abroad of lemons and limes decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, showed a resilient increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, lemon and lime imports reached $X in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Malaysia (X tons) was the largest importer of lemons and limes, generating X% of total imports. It was distantly followed by the Philippines (X tons), Singapore (X tons) and Indonesia (X tons), together mixing up a X% share of total imports. Brunei Darussalam (X tons), Thailand (X tons) and Lao People's Democratic Republic (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), the Philippines ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Lao People's Democratic Republic ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :