The production of lemons and limes in Australia has seen a varied trend over the past decade. In 2014, production stood at 30.0 thousand metric tons and experienced fluctuations with notable peaks in 2015 and 2016, reaching 35.0 and 47.0 thousand metric tons respectively. However, the production dropped to 29.88 thousand metric tons in 2020, followed by recovery to a stable 36.0 thousand metric tons from 2021 to 2023. The year-on-year variation has been significant in certain periods, such as a 34.29% increase in 2016 and a 21.28% decrease in 2017. The Compound Annual Growth Rate (CAGR) over the past five years was 1.76%.
Future trends suggest a steady but slow increase in production, with a forecasted CAGR of 0.45% from 2024 to 2028, reaching around 37.12 thousand metric tons by 2028. Given the stable production levels from 2021 to 2023, this suggests maturity in the market with incremental growth.
Future trends to watch for include:
- Impact of climate change on yield and quality.
- Shifts in consumer demand and potential export opportunities.
- Technological advancements in farming practices.
- Government policies and support for agribusiness.
