Guatemala: Lemon And Lime Market 2024

Lemon And Lime Market Size in Guatemala

The Guatemalan lemon and lime market fell to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lemon And Lime Production in Guatemala

In value terms, lemon and lime production declined to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Lemon and lime production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average lemon and lime yield in Guatemala totaled X tons per ha, approximately mirroring 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The lemon and lime yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. 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 Guatemala; therefore, remained relatively stable against the year before. In general, the harvested area, however, recorded a slight descent. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X% against the previous year. The lemon and lime harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Lemon And Lime Exports

Exports from Guatemala

In 2022, shipments abroad of lemons and limes increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, lemon and lime exports rose markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), El Salvador (X tons) and the Netherlands (X tons) were the main destinations of lemon and lime exports from Guatemala, with a combined X% share of total exports. The UK and Iraq lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X) remains the key foreign market for lemons and limes exports from Guatemala, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by El Salvador, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and El Salvador (X% per year).

Export Prices by Country

The average lemon and lime export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price 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, lemon and lime export price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to El Salvador ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lemon And Lime Imports

Imports into Guatemala

In 2022, the amount of lemons and limes imported into Guatemala skyrocketed to X tons, jumping by X% against the previous year. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, lemon and lime imports soared to $X in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) constituted the largest lemon and lime supplier to Guatemala, with a X% share of total imports. Moreover, lemon and lime imports from Peru exceeded the figures recorded by the second-largest supplier, Honduras (X tons), threefold. Mexico (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 Peru was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (X% per year) and Mexico (X% per year).

In value terms, Peru ($X) constituted the largest supplier of lemons and limes to Guatemala, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Honduras (X% per year).

Import Prices by Country

The average lemon and lime import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price 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, lemon and lime import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained 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 ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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