Lemons or limes are the leading citrus varieties produced in Argentina, accounting for more than half of the country's total citrus production. The lime production in Argentina is expected to register a CAGR of 2.3% during the forecast period. Argentina is the fourth-largest producer of lime in the world, with 10% of world production in 2018. The main advantages of Argentina lime market include suitable growing conditions and season, and land availability.
Key Market Trends
Rise in Lime Production
Lime production in Argentina has been continuously increasing for the last five years at an average rate of 1.5 million metric ton per year. In 2018, the country produced 2 million ton of lime, which was highest ever in Argentina. Tucuman is the leading lime rendering region in Argentina, with almost 70% of production. The main reason for such a rise in production is due to the high demand for lime. Domestic consumption of lime and lemon in Argentina has been improving positively, with little fluctuation over the years. Consumption demand is predominantly satisfied by the regional production and supply, with low imports.
Leading Importers from Argentina
Argentina exported 0.3 million metric ton of lime to the world, which is 16% of its total production. European countries, such as Spain, Netherlands, Russia, Italy, and Greece, were some of the leading importers of lime from Argentina with 27.09%, 13.31%, 12.78%, 12.29%, and 3.8% of Argentina's exports in 2018. Ukraine, Canada, France, and the United States are some other countries that import lime from Argentina.
Reasons to Purchase this report:
Key Market Trends
Rise in Lime Production
Lime production in Argentina has been continuously increasing for the last five years at an average rate of 1.5 million metric ton per year. In 2018, the country produced 2 million ton of lime, which was highest ever in Argentina. Tucuman is the leading lime rendering region in Argentina, with almost 70% of production. The main reason for such a rise in production is due to the high demand for lime. Domestic consumption of lime and lemon in Argentina has been improving positively, with little fluctuation over the years. Consumption demand is predominantly satisfied by the regional production and supply, with low imports.
Leading Importers from Argentina
Argentina exported 0.3 million metric ton of lime to the world, which is 16% of its total production. European countries, such as Spain, Netherlands, Russia, Italy, and Greece, were some of the leading importers of lime from Argentina with 27.09%, 13.31%, 12.78%, 12.29%, and 3.8% of Argentina's exports in 2018. Ukraine, Canada, France, and the United States are some other countries that import lime from Argentina.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
Methodology
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