In 2023, the import of lemons and limes to the US was recorded at 876.32 million kilograms. The forecast reveals a consistent growth in import volumes from 2024 to 2028. The year-on-year variations show a steady increase, indicating a positive trend in import demand. Over the last two years, this signals a rising consumption appetite. The compound annual growth rate (CAGR) across the five-year period is approximately 2.23%, suggesting a stable expansion in the market.
Future trends to watch for:
- Potential impacts of climate change on lemon and lime production regions that may affect supply.
- Trade policies that could influence import costs or availability.
- Consumer trends toward fresh produce and international cuisine that could boost demand.
- Technological advancements in logistics and storage that might affect import efficiency and costs.