Tahiti lime market in Brazil sees steep price decline, oranges follow suit

In Brazil, the Tahiti lime market is experiencing a notable decline in prices. According to the Center for Advanced Studies in Applied Economics (Cepea) at Esalq/USP, recent rains have slowed the harvest, but fruit sizes are gradually increasing, though they remain below normal standards.

Between Monday and Thursday of last week, a 27.2-kilogram box of Tahiti limes averaged R$48.36 (approximately $7.93), marking a steep 44.24% decrease from the previous week's average and a 52.36% drop compared to the same period last month.

Similarly, table orange prices have declined. Last week, a 40.8-kilogram box averaged R$113.32 (approximately $18.59 to $18.59), reflecting a 5.66% decrease from the prior week. Cepea researchers note that while fruit sizes have improved, the overall market supply of oranges remains limited.

source: abrafrutas.org, globorural.globo.com

photo: datamarnews.com