Overview global limes market

Published 2020년 8월 14일

Tridge summary

Lime prices are experiencing fluctuations due to a decrease in volume during the winter in the southern hemisphere and high market demand. Factors such as rainfall in Veracruz, Mexico, and logistical delays from Colombia, Peru, and Guatemala due to the coronavirus are contributing to the price increases. Despite these challenges, there is still demand for limes in Europe and the US, where prices are expected to remain strong until more suitably fresh limes become available. The article also mentions a decrease in lime consumption in Italy by 70% and a preparation for a new planting cycle in Mexico, leading to an influx of second-class limes and a shortage of first-class limes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With the winter in the southern hemisphere, the volumes of limes decrease. This, together with a high market demand for limes, ensures strong prices. In some countries, this causes strong price fluctuations for limes. In Mexico, all the fruit is being removed from the trees to start a new cycle. This results in a lot of class 2 fruit and a limited supply of class 1. Rainfall in the main production region of Veracruz can leave a gap in the market for several days. Prices in the North American market are currently stable due to the high demand. The Netherlands: Market for limes recovered after bad months "After a few bad months, the lime market has recovered considerably", according to a Dutch importer. "There is good demand right now across Europe and volumes have declined. For example, there is currently a lot of demand for limes on the local Brazilian market and the supply is shrinking as the season is ending. We will see that last week more has been loaded from Brazil and if ...
Source: AGF

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