Belize: Watermelon Market 2020

Watermelon Market Size in Belize

The revenue of the watermelon market in Belize amounted to $X in 2018, increasing by X% against the previous year. In general, watermelon consumption continues to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. Belize watermelon consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Watermelon Production in Belize

In value terms, watermelon production totaled $X in 2018 estimated in export prices. In general, watermelon production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Belize watermelon production peaked in 2018 and is likely to see steady growth in the near future.

In 2018, the average yield of watermelons in Belize amounted to X ton per ha, growing by X% against the previous year. Overall, the yield indicated tangible growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, watermelon yield increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. In that year, the watermelon yield attained its peak level of X ton per ha. From 2010 to 2018, the growth of the watermelon yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of watermelons in Belize amounted to X ha, rising by X% against the previous year. In general, the watermelon harvested area continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The global watermelon harvested area peaked in 2018 and is likely to continue its growth in the near future.

Watermelon Exports

Exports from Belize

In 2018, approx. X tons of watermelons were exported from Belize; shrinking by -X% against the previous year. In general, watermelon exports continue to indicate a deep shrinkage. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. In that year, watermelon exports reached their peak of X tons, and then declined slightly in the following year.

In value terms, watermelon exports amounted to $X in 2018. In general, watermelon exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. In that year, watermelon exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

Spain (X tons) and Mexico (X tons) represented the major exporters of watermelons in 2018, accounting for approx. X% and X% of total exports, respectively. Italy (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%), Myanmar (X%), Greece (X%) and Vietnam (X%). The following exporters - Morocco (X tons), Guatemala (X tons), Iran (X tons), the Netherlands (X tons) and Hungary (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest watermelon markets from Belize were Spain ($X), Mexico ($X) and Italy ($X), with a combined X% share of total exports. These countries were followed by the U.S., the Netherlands, Morocco, Myanmar, Greece, Guatemala, Vietnam, Iran, Hungary and Belize, which together accounted for a further X terms of the main exporting countries, Vietnam (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The watermelon export price in Belize stood at $X per ton in 2018, picking up by X% against the previous year. Overall, the watermelon export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X% y-o-y. In that year, the export prices for watermelons reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced more modest paces of growth.

Watermelon Imports

Imports into Belize

In 2018, the imports of watermelons into Belize totaled X kg, lowering by -X% against the previous year. Over the period under review, watermelon imports continue to indicate a drastic descent. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Belize imports peaked at X kg in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, watermelon imports totaled $X in 2018. In general, watermelon imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Belize imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X tons) and Germany (X tons) were the key importers of watermelons in 2018, amounting to approx. X% and X% of total imports, respectively. Canada (X tons) occupied the next position in the ranking, followed by China (X tons), France (X tons) and the UK (X tons). All these countries together occupied near X% share of total imports. Poland (X tons), the Netherlands (X tons), Spain (X tons), the Czech Republic (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, the largest watermelon importing markets into Belize were the U.S. ($X), Germany ($X) and Canada ($X), together accounting for X% of total imports. These countries were followed by the UK, France, Spain, Poland, the Netherlands, the Czech Republic, China, Portugal and Belize, which together accounted for a further X experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the watermelon import price in Belize amounted to $X per ton, going up by X% against the previous year. Overall, the watermelon import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. Belize import price peaked at $X per ton in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform