Tahiti Lime Prices in Europe Fell 30% In W49 Due to Slow Sales and Low Demand

In W49, the Tahiti lime market in Europe appears to have come to a complete standstill. Because sales have been slow, importers have begun to accelerate the price drop. In the span of two weeks, Tahiti limes' price dropped approximately 30% from USD 8.43-10.54/4.5kg to USD 5.27-7.38/4.5kg box in W49. The reason for the price drop is due to numerous factors, including the presence of cheaper fruit from other regions, Brazil exporting more limes to Europe, and old stocks lagging behind because many buyers had to use up their stocks purchased at high prices first.

In addition, W49 has experienced religious holidays in many European countries, which have caused a halt in the purchase. Given that the winter holidays will shortly start in Europe and that there will be less demand for fresh fruit, this issue does not appear to have a short-term solution.