Ghana: Watermelon Market 2024

Watermelon Market Size in Ghana

The Ghanian watermelon market rose remarkably to $X in 2022, increasing by 6.7% against the previous year. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Watermelon Production in Ghana

In value terms, watermelon production rose remarkably to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The average yield of watermelons in Ghana was estimated at less than X kg per ha in 2022, almost unchanged from the previous year. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The watermelon harvested area in Ghana was estimated at less than X ha in 2022, standing approx. at the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Watermelon Exports

Exports from Ghana

In 2022, overseas shipments of watermelons were finally on the rise to reach X tons after two years of decline. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 650% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, watermelon exports declined to $X in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 621%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Burkina Faso (X tons) was the main destination for watermelon exports from Ghana, with a 79% share of total exports. Moreover, watermelon exports to Burkina Faso exceeded the volume sent to the second major destination, Niger (X tons), ninefold. The UK (X tons) ranked third in terms of total exports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso stood at +67.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+14.4% per year) and the UK (+47.3% per year).

In value terms, Burkina Faso ($X), Cote d'Ivoire ($X) and the UK ($X) appeared to be the largest markets for watermelon exported from Ghana worldwide, together comprising 70% of total exports.

Burkina Faso, with a CAGR of +73.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average watermelon export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 60%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Burkina Faso ($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 Cote d'Ivoire (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Watermelon Imports

Imports into Ghana

Watermelon imports into Ghana expanded remarkably to X tons in 2022, picking up by 10% on the year before. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 329% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, watermelon imports expanded sharply to $X in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 246%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and South Africa (X tons) were the main suppliers of watermelon imports to Ghana, together accounting for 66% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +125.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Burkina Faso ($X) and South Africa ($X) appeared to be the largest watermelon suppliers to Ghana, with a combined 59% share of total imports.

South Africa, with a CAGR of +97.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average watermelon import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 100% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Burkina Faso ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (+30.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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