Market Research Report
Global Lime Market - Segmented by Geography - Growth, Trends, and Forecast (2018 - 2023)
|Published by||Mordor Intelligence LLP||Product code||661204|
|Published||Content info||94 Pages
Delivery time: 1-2 business days
|Global Lime Market - Segmented by Geography - Growth, Trends, and Forecast (2018 - 2023)|
|Published: April 1, 2018||Content info: 94 Pages||
As per the lime trade profile, the US exports around 15% of its lime to the global market. Argentina is a significant exporter, specifically of fresh limes; lemons amounted to 58%, by quantity, and 60%, by value, of Argentina's total citrus exports.
Globally, North American, South American, and the European countries are actively involved in the world trade of lemon and lime in any form. While Spain and Argentina continue to dominate the world trade, Chile, Australia, and South Africa have shown a significant leap in production and export value. The production and export share of the US have remained static over the years, while Australia and China have continued to be the major importers of lime. In terms of price competitiveness, the US and Australia possess a higher average unit value of exports with no major comparative advantage.
Globally, the US dominates the market, in terms of imports. It had imported USD 409,823 thousand worth of lime in 2015, and USD 501,042 thousand worth in 2016. Year on year, the exports have been increasing continuously; the top five importers of US lime are Mexico, Chile, Spain, Uruguay, and Colombia. In 2013, the imports from Uruguay were almost negligible and the imports from Spain were fluctuating.
Spain is the largest lime producing country. Murcia is the country's largest exporter of this crop. In 2016, the export of lime in Spain was USD 803,060 thousand. The share of Germany increased +4%, while the share of Poland illustrated negative dynamics of -3%. The geographical proximity and formalized trade route through the Red Sea are the reasons for this growth in trade between these nations.
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