Market Size of South Africa Lime Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 223.25 Million |
| Market Size (2029) | USD 300.88 Million |
| CAGR (2024 - 2029) | 6.15 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South Africa Lime Market Analysis
The South Africa Lime Market size is estimated at USD 223.25 million in 2024, and is expected to reach USD 300.88 million by 2029, growing at a CAGR of 6.15% during the forecast period (2024-2029).
- Citrus is the most important agricultural product in South Africa. South Africa is one of the major producers of lime, with a total acreage of 30,190 hectares. The major cultivars of lime in South Africa are Eureka, Lisbon, Genoa, Limoneira, Fino, and Lime. According to the United States Department of Agriculture's (USDA) Foreign Agricultural Service (USDA/FAS), in 2020-2021, South Africa produced 626,791 MT of lime fruit.
- The area planted with limes in South Africa more than doubled over the past seven years, driven by improved global demand and rising global prices. However, the positive trend in the area planted has flattened in recent years due to the bearish movement of export prices received by producers.
- More than 40% of the area planted with lemons consists of orchards that are five years or younger, indicating that growing volumes of limes will reach the market in the next five years. Ideally, the season peaks from January to May; however, South African growers can harvest all year round. Bearss and Tahiti are the most planted varieties of lime in South Africa.
- Limes are rich in flavonoids, which have anti-cancer and antioxidant properties. Lime juice has been used in West Africa for many years to treat and prevent cholera. It is often used in cooking, while slices of lime are also popularly used to garnish cocktails and other drinks. High levels of new plantings, a wide range of uses, improved water management techniques by farmers, and duty-free exports of lime are some of the factors driving the production of lime in South Africa, thus, leading to higher production and exports of lime.
South Africa Lime Industry Segmentation
Lime is a small, lemon-shaped, greenish-yellow citrus fruit with a juicy, sour pulp, rich in ascorbic acid. The study considers commercial lime fruit as a commodity, along with the major developments in the market.
The South African lime market report analyzes the production(volume), consumption(value and volume), import(value and volume), export(value and volume) and price trend of South African lime.
The report offers the market size and forecasts in value (USD) and volume (metric ton) for all the above segments.
| South Africa | |
| Production Analysis | |
| Consumption Analysis and Market Value | |
| Import Analysis by Volume and Value | |
| Export Analysis by Volume and Value | |
| Price Trend Analysis |
South Africa Lime Market Size Summary
The South Africa lime market is a significant segment of the country's agricultural industry, with citrus being a crucial agricultural product. South Africa stands as one of the leading lime producers globally, with a substantial acreage dedicated to lime cultivation. The country has seen a notable increase in lime production area over recent years, driven by heightened global demand and favorable market conditions. Despite recent fluctuations in export prices, the market continues to expand, supported by a variety of factors including improved agricultural practices, year-round harvesting capabilities, and duty-free export agreements. The Eastern Cape, Limpopo, and Western Cape provinces are key regions for lime cultivation, with the Bearss and Tahiti varieties being the most prevalent. The diverse applications of limes in the food and beverage industry, as well as their use in pharmaceuticals and cosmetics, further bolster the market's growth prospects.
South Africa's lime market is characterized by its self-sufficiency and robust export capabilities, making it a major player in the global lime trade. The country exports a significant portion of its lime production, with key markets including the Netherlands, United Arab Emirates, and the United Kingdom. Recent trade agreements, particularly with China, have opened new avenues for export growth, enhancing the country's position in the international market. The market's expansion is also supported by government policies that encourage increased production, such as subsidies and trade deals. Despite challenges like new EU regulations, the South African lime market is poised for continued growth, driven by increasing production, expanding export opportunities, and a strong domestic agricultural base.
South Africa Lime Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 South Africa
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2.1.1 Production Analysis
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2.1.2 Consumption Analysis and Market Value
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2.1.3 Import Analysis by Volume and Value
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2.1.4 Export Analysis by Volume and Value
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2.1.5 Price Trend Analysis
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South Africa Lime Market Size FAQs
How big is the South Africa Lime Market?
The South Africa Lime Market size is expected to reach USD 223.25 million in 2024 and grow at a CAGR of 6.15% to reach USD 300.88 million by 2029.
What is the current South Africa Lime Market size?
In 2024, the South Africa Lime Market size is expected to reach USD 223.25 million.
