Donald Trump's announcement about the application
of tariffs on imports from Mexico has opened up the possibility of more limes
being diverted to Europe. Could that happen as early as this summer?
"So far this year, we have seen an abundant
supply of limes in Europe," says Patricia Antón, head of imports at the
Barcelona-based firm Cultivar. "Normally, the demand for limes isn't that
high during the first months of the year, so prices remain relatively
stable," she says.
Although Brazilian
limes have been affected by certain logistical problems, Patricia says that
these have been more of a one-off occurrence. "There have been some
temporary issues, but trade has fortunately not been seriously affected."
Cultivar is currently importing limes from Brazil,
Colombia, Peru, and Mexico. Last year, it imported and traded some 4,500 tons
of limes. Most of these - around 70 percent - were intended for the Spanish
market, while the remaining 30 percent was delivered to other European
countries. Their coming into
force has been delayed, but if tariffs are finally applied to Mexican limes in
the United States, as announced by President Trump, Europe could end up
receiving more fruit.
"It's a
possibility that we are taking into account, although we'll have to wait and
see how the situation evolves. If it happens, it could be a good opportunity to
increase the export of Mexican limes to Europe during the summer months,"
says Patricia Antón.
Cultivar's lime sales continue to grow every year.
"For this summer, we are expecting a 20-25% increase in sales," she
says. "The main
challenge will be to ensure the quality of the limes continues to improve in
order to meet the market's expectations."