Analysis

The Price of Brazilian Tahiti Limes Fell by 29% WoW as Rainfall Returns

Fresh Lime
Brazil
Market & Price Trends
Published Nov 14, 2023
In Week 45, the Pernambuco market witnessed a remarkable 29% WoW drop in wholesale prices for Tahiti lime, plummeting from USD 0.89/kg to USD 0.63/kg. The abrupt decline is attributed to the return of rainfall in the Sao Paulo region, accelerating lime harvests and flooding the market with increased supply. Following a surge in September due to seasonally low supply influenced by winter conditions, the recent reduction in prices is expected to impact producer profitability positively.
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