Report Update Nov 1, 2024

Sri Lanka - Watermelons - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Watermelon Market 2024

Watermelon Market Size in Sri Lanka

After three years of growth, the Sri Lankan watermelon market decreased by -8.3% to $X in 2022. Overall, consumption recorded a noticeable contraction. Watermelon consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Watermelon Production in Sri Lanka

In value terms, watermelon production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The average yield of watermelons in Sri Lanka amounted to less than X kg per ha in 2022, stabilizing at the previous year. Over the period under review, the yield saw 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.

In 2022, approx. less than X ha of watermelons were harvested in Sri Lanka; remaining constant against 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Watermelon Exports

Exports from Sri Lanka

After three years of decline, overseas shipments of watermelons increased by 41% to X tons in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 467%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, watermelon exports shrank significantly to $X in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by 414% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Maldives (X tons) was the main destination for watermelon exports from Sri Lanka, with a 99% share of total exports. It was followed by Saudi Arabia (X kg), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Maldives totaled +49.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-40.3% per year) and Qatar (+7.0% per year).

In value terms, Maldives ($X) remains the key foreign market for watermelons exports from Sri Lanka, comprising 94% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 1.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives amounted to +35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-33.0% per year) and Qatar (-0.3% per year).

Export Prices by Country

In 2022, the average watermelon export price amounted to $X per ton, with a decrease of -45.5% against the previous year. In general, the export price saw a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 9.9% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Maldives ($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 Saudi Arabia (+12.2%), while the prices for the other major destinations experienced a decline.

Watermelon Imports

Imports into Sri Lanka

In 2022, approx. X kg of watermelons were imported into Sri Lanka; dropping by -3.7% compared with the previous year's figure. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 72% against the previous year. As a result, imports attained the peak of X kg. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, watermelon imports totaled $X in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2016 when imports increased by 41%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X kg) was the main supplier of watermelon to Sri Lanka, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled -6.1%.

In value terms, India ($X) constituted the largest supplier of watermelons to Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled -11.4%.

Import Prices by Country

The average watermelon import price stood at $X per ton in 2022, surging by 3.8% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 50% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -5.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for watermelons in the world?

The country with the largest volume of watermelon consumption was China, comprising approx. 60% of total volume. Moreover, watermelon consumption in China exceeded the figures recorded by the second-largest consumer, Turkey, more than tenfold. India ranked third in terms of total consumption with a 2.6% share.

What are the largest producers of watermelons in the world?

China constituted the country with the largest volume of watermelon production, accounting for 59% of total volume. Moreover, watermelon production in China exceeded the figures recorded by the second-largest producer, Turkey, more than tenfold. India ranked third in terms of total production with a 2.6% share.

What are the leading suppliers of watermelons to Sri Lanka?

In value terms, India $33) constituted the largest supplier of watermelon to Sri Lanka, comprising 89% of total imports. The second position in the ranking was occupied by Ukraine $4), with an 11% share of total imports.

What are the leading importers of watermelons from Sri Lanka?

In value terms, Maldives emerged as the key foreign market for watermelon exports from Sri Lanka, comprising 57% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 19% share of total exports. It was followed by Saudi Arabia, with an 8.8% share.

What is the average export price for watermelons in Sri Lanka?

The average watermelon export price stood at $480 per ton in 2021, surging by 14% against the previous year.

What is the average import price for watermelons in Sri Lanka?

The average watermelon import price stood at $343 per ton in 2021, increasing by 2.8% against the previous year.

This report provides an in-depth analysis of the watermelon market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 567 - Watermelons

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023