Dominican Republic: Lemon And Lime Market 2024

Lemon And Lime Market Size in the Dominican Republic

The Dominican lemon and lime market rose modestly to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated strong 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Lemon And Lime Production in the Dominican Republic

In value terms, lemon and lime production contracted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant expansion 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 most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The average yield of lemons and limes in the Dominican Republic rose slightly to X tons per ha in 2022, surging by X% against the year before. Overall, the yield, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2020 when the yield increased by X%. Over the period under review, the average lemon and lime yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2022, 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.

In 2022, approx. X ha of lemons and limes were harvested in the Dominican Republic; almost unchanged from the year before. Over the period under review, the harvested area continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The lemon and lime harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Lemon And Lime Exports

Exports from the Dominican Republic

In 2022, the amount of lemons and limes exported from the Dominican Republic fell dramatically to X tons, with a decrease of X% against the previous year. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, lemon and lime exports fell remarkably to $X in 2022. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), the United States (X tons) and Haiti (X tons) were the main destinations of lemon and lime exports from the Dominican Republic, together comprising X% of total exports. Curacao, France and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Curacao (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lemon and lime exported from the Dominican Republic were the United States ($X), Haiti ($X) and the Netherlands ($X), together accounting for X% of total exports. France, Curacao and Canada lagged somewhat behind, together comprising a further X%.

Curacao, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lemon and lime export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($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 more modest paces of growth.

Lemon And Lime Imports

Imports into the Dominican Republic

In 2022, the amount of lemons and limes imported into the Dominican Republic skyrocketed to X tons, jumping by X% compared with the year before. Overall, imports posted significant growth. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, lemon and lime imports soared to $X in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Colombia (X tons), Peru (X tons) and the United States (X tons) were the main suppliers of lemon and lime imports to the Dominican Republic, with a combined X% share of total imports.

From 2014 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lemon and lime suppliers to the Dominican Republic were Colombia ($X), the United States ($X) and Peru ($X), together accounting for X% of total imports.

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

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 United States ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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