GCC: Lemon And Lime Market 2024

Lemon And Lime Market Size in GCC

The GCC lemon and lime market expanded modestly to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Lemon And Lime Production in GCC

In value terms, lemon and lime production amounted to $X in 2022 estimated in export price. In general, production showed a prominent increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of lemon and lime production was Saudi Arabia (X tons), accounting for X% of total volume. Moreover, lemon and lime production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates (X tons), sevenfold. Oman (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Saudi Arabia stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Oman (X% per year).

The average lemon and lime yield totaled X tons per ha in 2022, remaining constant against the year before. In general, the yield continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the lemon and lime yield reached the peak level at X tons per ha in 2020; however, from 2021 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.

The lemon and lime harvested area rose slightly to X ha in 2022, picking up by X% against 2021. Overall, the harvested area saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2020; afterwards, it flattened through to 2022.

Lemon And Lime Exports

Exports in GCC

In 2022, shipments abroad of lemons and limes increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports showed a significant increase. 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 $X in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), creating a X% share of total exports. The following exporters - Kuwait (X tons) and Oman (X tons) - together made up X% of total exports.

The United Arab Emirates was also the fastest-growing in terms of the lemons and limes exports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) and Oman (X%) displayed positive paces of growth. By contrast, Kuwait (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) and Oman (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest lemon and lime supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

In the United Arab Emirates, lemon and lime exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait ($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 United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Lemon And Lime Imports

Imports in GCC

In 2022, lemon and lime imports in GCC rose significantly to X tons, increasing by X% against the previous year. Total imports indicated a strong expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, lemon and lime imports expanded remarkably to $X in 2022. Total imports indicated a resilient 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) prevails in imports structure, together creating X% of total imports. Kuwait (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Qatar (X%) and Oman (X%). Bahrain (X tons) took a little share of total imports.

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

In value terms, the largest lemon and lime importing markets in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined X% share of total imports. Oman, Qatar and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Qatar, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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