International Fresh Produce Association is committed to providing members with relevant market data and insights to guide their business considerations and decisions. This paper discusses the lime market in the United States from August 1, 2021, to July 31, 2022. The data was collected and analyzed by Ag Tools.
“The 2021-2022 U.S. lime market produced two records. The season featured the highest volume traded in a week in the prior 10 years, and prices reached never-seen-before levels.”
– Joe Watson, Vice President of Retail, Foodservice, Wholesale Membership
Limes are a nutrient-rich, popular citrus fruit used in a variety of cuisines, especially Mexican, Vietnamese, and Thai. Lime prices rose throughout 2022 due to global demand as well as quality and supply chain issues, and supply chain issues. At the same time, lime supply in the United States increased by 25-30% over 2021, but prices did not drop. Consumers see a multi-year cycle where continued high demand will support higher prices.
Read IFPA’s analysis of the US lime marketplace in 2021-2022 to understand:
- Seasonal trends
- Regional differences
- Import stats and crossings
- Marketplace implications
“Analyzing product data helps our members understand the markets. The closer the entire supply chain is to the reality of demand, the better the results, and the less food will be lost in the marketing process.”
-Joe Watson, Vice President of Retail, Foodservice, Wholesale Membership