Ecuador: Watermelon Market 2025

Watermelon Market Size in Ecuador

The Ecuadorian watermelon market stood at $X in 2022, increasing by 11% against the previous year. Over the period under review, consumption continues to indicate strong growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Watermelon Production in Ecuador

In value terms, watermelon production expanded significantly to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 43% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of watermelons in Ecuador was estimated at X tons per ha in 2022, remaining stable against 2021 figures. In general, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 0.9% against the previous year. The watermelon yield peaked at X tons per ha in 2017; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of watermelons in Ecuador fell to X ha, approximately reflecting the previous year's figure. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 3.6%. The watermelon harvested area peaked at X ha in 2018; afterwards, it flattened through to 2022.

Watermelon Exports

Exports from Ecuador

In 2022, overseas shipments of watermelons increased by 18% to X tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 154%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, watermelon exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 170% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X tons), Russia (X kg) and Norway (X kg) were the main destinations of watermelon exports from Ecuador, with a combined 72% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +32.4%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) remains the key foreign market for watermelons exports from Ecuador, comprising 35% of total exports. The second position in the ranking was taken by Iceland ($X), with a 15% share of total exports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Belarus totaled +26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+12.1% per year) and France (+17.7% per year).

Export Prices by Country

In 2022, the average watermelon export price amounted to $X per ton, with an increase of 23% against the previous year. In general, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 41% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Watermelon Imports

Imports into Ecuador

In 2022, the amount of watermelons imported into Ecuador surged to X tons, jumping by 60% against 2021 figures. In general, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 when imports increased by 165% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, watermelon imports surged to $X in 2022. Overall, imports posted modest growth. The pace of growth was the most pronounced in 2014 when imports increased by 200%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) was the main watermelon supplier to Ecuador, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru amounted to -3.3%.

In value terms, Peru ($X) constituted the largest supplier of watermelons to Ecuador.

From 2012 to 2022, the average annual growth rate of value from Peru stood at +1.6%.

Import Prices by Country

In 2022, the average watermelon import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, watermelon import price decreased by +0.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +5.1% per year.

Source: IndexBox Platform

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