Lemon Oil Citrus limon (L.) Burm. F. Harvest: May - July
Fresh lemon production is expected to be around 1.15-1.2 million MT. This is a sharp increase on previous years as the recovery process from the damaging 2012/13 crop takes place. That said, these figures still do not represent previous highs and fall short of some analysts earlier predictions of a bumper year.
It should also be noted that up to 50% of the total lemon oil expected from this year’s production is already committed to the larger beverage multinationals and that globally many inventories remain lower than normal. Demand is still firm although material is easy to come by and prices have only softened and not fallen as many buyers expected.
Historically Argentina has processed around 70-75% of their total lemon crops and this year is expected to be no different. Between 880-900 MT of fruit are expected to be processed, an increase of 300 MT from last year but short of the 1,000 MT processed in the 2012/13 season.