Forecast: Lemons and Limes Demand in the US

The demand for lemons and limes in the US is forecasted to steadily increase from 2024 to 2028. The actual demand in 2023 stood at 1.82 million metric tons. The forecasted values are 1.85 million metric tons in 2024, 1.88 million metric tons in 2025, 1.9 million metric tons in 2026, 1.93 million metric tons in 2027, and 1.95 million metric tons in 2028. This represents a year-on-year increase of approximately 1.65% from 2024 to 2025, 1.06% from 2025 to 2026, 1.58% from 2026 to 2027, and 1.04% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is about 1.36%.

Future trends to watch for include potential impacts from climate change on citrus production, shifts in consumer preferences towards organic and sustainable produce, and market responses to trade policies affecting import and export regulations. Additionally, technological advancements in agriculture could influence supply dynamics and market prices.

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