Based on the provided data, the supply of Lemons and Limes in the US is forecasted to increase steadily from 2024 to 2028. In 2023, the supply stood at approximately 1.8214 million metric tons. The year-on-year variations from 2024 to 2028 are projected as follows:
- 2024 vs. 2023: +2.23%
- 2025 vs. 2024: +2.24%
- 2026 vs. 2025: +2.17%
- 2027 vs. 2026: +2.11%
- 2028 vs. 2027: +2.05%
Over the last two years, the average year-on-year increase was approximately 2.20%, while over the entire five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) stands at around 2.16%.
Future trends to watch for include potential impacts of climate change on crop yields, changes in consumer preferences toward organic produce, and trade policies affecting import and export dynamics. Monitoring these factors will be crucial for understanding the trajectory of Lemons and Limes supply in the US.
