The lemons and limes market size volume in Mexico in 2023 stood at 1.35 million metric tons, which represented a 0.15% decrease year-on-year. This slight decline is part of a longer-term trend of minor fluctuations with an overall average annual decrease (CAGR) of 0.24% over the past 5 years. The historical data shows periods of both growth and decline, with a significant drop in 2017 (-10.08%) and a notable recovery in 2021 (+20.22%). The forecasted figures from 2024 onwards predict a stable but slightly declining market, with an average annual reduction (forecast 5-year CAGR) of 0.13%, resulting in an overall 0.65% decrease by 2028.
Future trends to watch for in the lemons and limes market include potential impacts from climate change affecting agricultural yields, changes in consumer demand driven by health trends, and possible shifts in trade policies that could influence the import and export dynamics. Monitoring these factors will be crucial for anticipating market movements.
