In 2023, US exports of lemons and limes stood at 80.58 thousand metric tons. The forecast from 2024 to 2028 shows a consistent annual decline, with exports expected to decrease from 77.43 to 69.17 thousand metric tons. Year-on-year variations indicate a shrinking market, with an average annual decline of approximately 2.7%. Over the five-year period, the compound annual growth rate (CAGR) reflects a steady downward trend in the export volume.
Future trends to watch for include:
- Potential changes in trade policies that could impact the export landscape.
- Shifts in consumer preferences and demand in importing countries.
- Environmental factors affecting lemon and lime production.
- Competitor exports and global market dynamics.
