In 2023, the demand for lemons and limes in China stood at 2.56 million metric tons. The forecasted data for the years 2024 to 2028 shows a steady increase in demand: 2.58 million metric tons in 2024, 2.6 in 2025, 2.62 in 2026, 2.64 in 2027, and 2.67 in 2028.
The year-on-year variation in demand is relatively stable:
- 2024: 0.78%
- 2025: 0.78%
- 2026: 0.77%
- 2027: 0.76%
- 2028: 0.75%
The five-year compound annual growth rate (CAGR) from 2023 to 2028 is approximately 0.85%. This implies a moderate but consistent increase in demand over the forecasted period.
Future trends to watch for include potential shifts in consumer preferences towards local citrus fruits, and the impact of climatic changes on citrus production. Monitoring economic factors and trade policies will also be crucial, as they could influence both supply and demand dynamics in the coming years.
