Portugal - Lemons And Limes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLemon and Lime Price in Portugal - 2023
Contents:
- Lemon and Lime Price in Portugal (CIF) - 2023
- Lemon and Lime Price in Portugal (FOB) - 2023
- Lemon and Lime Imports in Portugal
- Lemon and Lime Exports in Portugal
Lemon and Lime Price in Portugal (CIF) - 2023
The average lemon and lime import price stood at $1,209 per ton in August 2023, growing by 5.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 40% m-o-m. As a result, import price reached the peak level of $1,299 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,711 per ton), while the price for Argentina ($678 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Lemon and Lime Price in Portugal (FOB) - 2023
The average lemon and lime export price stood at $1,230 per ton in August 2023, rising by 5.7% against the previous month. Over the period under review, export price indicated a modest increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, lemon and lime export price increased by +5.7% against July 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 46% m-o-m. Over the period under review, the average export prices reached the maximum at $1,308 per ton in November 2022; however, from December 2022 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was France ($1,456 per ton), while the average price for exports to Spain ($1,193 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Lemon and Lime Imports in Portugal
For the fourth year in a row, Portugal recorded growth in purchases abroad of lemons and limes, which increased by 4.4% to 59K tons in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, lemon and lime imports stood at $58M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Lemon and Lime in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 17.2 | 18.7 | 28.3 | 37.6 | 29.8% |
Spain | 9.7 | 9.3 | 13.5 | 8.9 | -2.8% |
Argentina | 1.1 | 4.5 | 10.2 | 5.8 | 74.1% |
Netherlands | 3.7 | 2.8 | 3.3 | 4.0 | 2.6% |
Germany | 1.4 | 1.4 | 1.2 | 1.0 | -10.6% |
Others | 1.8 | 4.5 | 1.6 | 1.1 | -15.1% |
Total | 34.9 | 41.0 | 58.0 | 58.4 | 18.7% |
Top Suppliers of Lemon and Lime to Portugal in 2022:
- South Africa (39.3K tons)
- Spain (10.2K tons)
- Argentina (5.4K tons)
- Netherlands (2.6K tons)
- Germany (0.5K tons)
Lemon and Lime Exports in Portugal
Lemon and lime exports from Portugal soared to 63K tons in 2022, rising by 85% on the year before. Overall, exports recorded a significant expansion. 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 surged to $65M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Lemon and Lime in Portugal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 14.6 | 22.0 | 30.9 | 59.8 | 60.0% |
France | 1.1 | 5.7 | 3.4 | 2.7 | 34.9% |
Poland | 4.7 | 2.5 | 0.4 | 0.8 | -44.6% |
Others | 2.5 | 2.7 | 1.6 | 1.8 | -10.4% |
Total | 22.8 | 32.8 | 36.3 | 65.1 | 41.9% |
Top Export Markets for Lemon and Lime from Portugal in 2022:
- Spain (59.3K tons)
- France (2.2K tons)
- Poland (0.6K tons)
This report provides an in-depth analysis of the lemon and lime market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 497 - Lemons and limes
Country coverage:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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