Lime oil is extracted from Citrus aurantifolia (also known as Citrus medica var. acida) of the Rutaceae family and is also known as Mexican and West Indian lime, as well as sour lime. Originally from Asia, it is now cultivated in many warm countries, especially the West Indies, Southern Europe, India and the Americas.
Key limes are smaller and seedier to Persian limes, which are more common to Brazil. Persian limes are sweeter and larger and for this reason have a larger share of the global fresh fruit market.
Lime oil has been extensively used in the food and beverage industries, as well as in creating fragrances. Key limes are more commonly distilled for oil to be used in the beverage industry. This versatile citrus oil is also added to household cleaners, detergents, soaps, and other beauty products. It is frequently used in aromatherapy for its refreshing and stimulating character and can be also used for its cleansing properties.
Lime juice is widely known as a remedy for treating scurvy and it has been said that the early British sailors used it to prevent scurvy and other skin problems due to its rich Vitamin C content. That same Vitamin C content can help boost the immune system, helping to protect you from common colds and flu.
Mexico is the second largest producer of key limes in the world, behind India. However, Mexico processes more fruits for oil making it the largest oil producer. The main producing areas are Tecoman (Colima), Apatzingan (Michoacán), Las Vigas (Guerrero) and Costa, (Oaxaca). In recent times Mexico has cultivated over 80,000 hectares of key limes ever year, producing on average over 1,000 MT of distilled oil and over 500 MT of cold pressed oil.
Mexico suffered terribly during 2014 with their lime production. There are many possible factors behind this with the main reasons being plant disease (greening) and climatic conditions, particularly heavy and unseasonal rains. Their recovery process has been slow and is still on-going, so please check our market updates on the next tab for more details.
Mexico’s lime production consists of three main varieties – Persian lime which is 52% of the production, Key lime is 42%, and lemons, which are referred to as limes in Mexico, are 6%. Total production and processing consist of all three. Mexico lime production in 2022/2023 is forecast down to 2.80 million metric tonnes (MMT). Although the area harvested and the number of bearing lime trees are higher than last year, the crop size is less due to lower yields as higher input costs reduce the use of fertilisers and pesticides. Lower available supplies reduce consumption, exports and fruit for processing.
Despite the fact that the main production season for Key limes has started in Mexico, the price for lime oil continued to increase to record high prices. Inflation only contributes to a smaller percentage of the price increase. Over recent years limes have been gaining popularity which has resulted not only in a huge increase in demand for the fresh fruit, but also contributed to the substantially higher price. These conditions have led to a significant decrease in the number of fruits for processing and therefore lime oil has soared to record high prices.
The vast majority of Mexico’s fresh fruit exports is shipped to the USA. However, Mexico has been unable to keep up with recent demand for fresh fruit. Mexico is still attempting to fulfil essential oils contracts from the 2021/2022 season, though weather conditions seem optimal for the upcoming Mexican peak season (May – July), which should hopefully bring some relief to the record high prices.
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