Global Watermelon Market 2024

Watermelon Market Size

The global watermelon market dropped slightly to $X in 2022, reducing by -1.7% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Watermelon Production

In value terms, watermelon production contracted to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 -4.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45%. Over the period under review, global production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

China (X tons) constituted the country with the largest volume of watermelon production, accounting for 61% of total volume. Moreover, watermelon production in China exceeded the figures recorded by the second-largest producer, Turkey (X tons), more than tenfold. India (X tons) ranked third in terms of total production with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Turkey (-1.4% per year) and India (+6.4% per year).

The global average watermelon yield amounted to X tons per ha in 2022, stabilizing at the previous year. The yield figure increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 2.6% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average watermelon yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global harvested area of watermelons fell slightly to X ha, shrinking by -3% against 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the harvested area increased by 3.1%. Over the period under review, the harvested area dedicated to watermelon production reached the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Watermelon Exports

Exports

In 2022, the amount of watermelons exported worldwide shrank slightly to X tons, waning by -2.8% compared with 2021. The total export volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 13% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, watermelon exports rose sharply to $X in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, Spain (X tons), distantly followed by Mexico (X tons), Iran (X tons), Morocco (X tons), Italy (X tons), the United States (X tons) and Greece (X tons) represented the key exporters of watermelons, together mixing up 59% of total exports. The following exporters - Guatemala (X tons), Turkey (X tons), the Netherlands (X tons), Brazil (X tons), Lao People's Democratic Republic (X tons) and Vietnam (X tons) - together made up 18% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lao People's Democratic Republic (with a CAGR of +68.0%), while the other global leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest watermelon supplier worldwide, comprising 25% of global exports. The second position in the ranking was taken by Morocco ($X), with a 9.4% share of global exports. It was followed by Mexico, with a 9.2% share.

In Spain, watermelon exports expanded at an average annual rate of +7.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (+39.5% per year) and Mexico (-3.1% per year).

Export Prices by Country

In 2022, the average watermelon export price amounted to $X per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.7%), while the other global leaders experienced more modest paces of growth.

Watermelon Imports

Imports

In 2022, supplies from abroad of watermelons decreased by -1.3% to X tons, falling for the fourth year in a row after seven years of growth. The total import volume increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 17% against the previous year. Global imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, watermelon imports totaled $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 19% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons), distantly followed by Germany (X tons), France (X tons) and Canada (X tons) were the key importers of watermelons, together creating 45% of total imports. The following importers - the Netherlands (X tons), Poland (X tons), the UK (X tons), Spain (X tons), the Czech Republic (X tons) and China (X tons) - together made up 21% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of +24.5%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest watermelon importing markets worldwide were the United States ($X), Germany ($X) and France ($X), with a combined 42% share of global imports. The Netherlands, the UK, Canada, Spain, Poland, the Czech Republic and China lagged somewhat behind, together accounting for a further 29%.

Spain, with a CAGR of +24.4%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average watermelon import price amounted to $X per ton, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 an increase of 14%. Global import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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