The lime production in the United States is expected to register a CAGR of 1.8% during the forecast period. The major lime producing regions in the country are Arizona, California, Florida, etc. The demand for limes has been increasing in the United States is due to its nutrient benefits and other applications such as cosmetics and pharmaceuticals. The adverse climate, which is not suitable for lime plant growth is the key market restrainer. Weather conditions like extreme heat and cold do not allow lime cultivation in many regions of the United States.
Key Market Trends
Increase in the Lime Consumption
Lime consumption has been increasing for the last few years at an average rate of 1.3 million metric tonnes. Health benefits, nutritive value, and cosmetic uses are the main reasons for increased consumption. Most popular lime varieties in the country are Persian lime and key limes. United states primarily depends on imports to meet its consumption demand as domestic production is very low. A large proportion of Persian lime is imported from Mexico as it is one of the largest producers of Persian lime in the world.
Mexico is the Major Lime Supplier to the United States
The United States lime market is primarily dependent on imports. It imported 0.8 million tonnes of lime in 2019, worth a value of USD 691 million. The key reason for importing is low domestic production due to limited adaptable agro-climatic zones. Mexico is the major supplier of lime with a 78.4% share of the total United States imports in 2019. Chile, Argentina, and Columbia are the minor lime exporters to the United States with 11.9%, 4.7%, and 1.8% share.
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