Lime Oil Mexican CP Type B
Full Market History
Farmers have reported difficulties with Persian lime in Eastern Mexico due to the late start of this year’s crop season. The lime crop usually begins in June, though this year harvests were delayed by one month. Combined with the issues presented by citrus greening and drought conditions, Persian lime in Mexico is almost entirely sold out for the 2024 season.
Key limes, which are grown and harvested in the western regions of Mexico, are currently being maintained and await the upcoming winter crop, which is scheduled to begin in December 2024. The winter crop is the smaller of the two key lime crops and lasts from December to February.
Citrolim represents approximately 20% of the whole lime shares from Mexico.
Mexico produces an average of 5 million tons of limes each year, though only around 10% of that production goes towards processing. High prices for fresh fruit and consistent increases in consumer demand for lime products have caused a sharp increase in the cost of lime oil. Availability remains low, especially during the summer season, when tourism in Mexico generates a massive influx in the number of fresh lime consumers within the nation.
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