“Sky-high US prices mean Mexico stopped lime exports to Europe sooner”
From
| 4 February 2022
Overview of limes from Mexico in the U.S. market, complemented by charts from Agronometrics. Original published on February 01, 2022.
The current lime market is developing remarkably positively. That is according to Trofi’s Marcel van Rooijen in the Netherlands. “Prices in the United States are sky-high. So high that, two weeks ago, Mexico stopped loading anything for Europe. That’s brought the Mexican season to an unexpectedly early end.”
Source: USDA Market News via Agronometrics.
(Agronometrics users can view this chart with live updates here)
“The Brazilian supply and a little from Peru are all that remain on the market. Reasonable volumes of limes are coming in from Brazil, and demand is good. Hospitality customers still need to get truly going. But sales to retailers are running smoothly. Everyone expected the market to collapse, but it didn’t. I think it might even pick up.”
“A good batch of limes can reach €6 to €7. Slightly lighter-colored ones sell for between €5 and €6. That’s generally not too bad. However, the logistical situation remains challenging. From Brazil, ships are regularly delayed by up to a week. Until recently, the Peruvian supply was still reasonably on time but is now also late. Still, that’s all we have to work with,” Marcel concludes.
The News in Charts is a collection of stories from the industry complemented by charts from Agronometrics to help better tell their story.
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