Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea - 2022

Contents:

  1. Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea (CIF) - 2022
  2. Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea (FOB) - 2022
  3. Imports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea
  4. Exports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea

Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea (CIF) - 2022

In 2022, the average import price for melons (including watermelons) and papaws (papayas); freshes amounted to $1,911 per ton, growing by 21% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price 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, import price for melons (including watermelons) and papaws (papayas); freshes increased by +45.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($2,814 per ton), while the price for the United States amounted to $1,823 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%).

Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea (FOB) - 2022

The average export price for melons (including watermelons) and papaws (papayas); freshes stood at $3,398 per ton in 2022, falling by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20%. As a result, the export price attained the peak level of $3,581 per ton, and then declined in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($4,051 per ton) and Japan ($3,565 per ton), while the average price for exports to Taiwan (Chinese) ($2,965 per ton) and Hong Kong SAR ($3,322 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea

In 2022, supplies from abroad of melons (including watermelons) and papaws (papayas); freshes decreased by -11.8% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 32%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of melons (including watermelons) and papaws (papayas); freshes stood at $3.6M in 2022. Overall, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%. As a result, imports reached the peak of $4.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.73.62.93.14.7%
Philippines0.80.40.50.5-14.5%
Others0.50.2N/AN/A-60.0%
Total3.94.33.43.6-2.6%

Top Suppliers of Melons (Including Watermelons) and Papaws (Papayas); Fresh to South Korea in 2022:

  1. United States (1727.1 tons)
  2. Philippines (167.5 tons)

Exports of Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea

In 2022, exports of melons (including watermelons) and papaws (papayas); freshes from South Korea reduced remarkably to 998 tons, shrinking by -18% on the year before. Overall, exports showed a abrupt setback. The smallest decline of -15% was in 2021.

In value terms, exports of melons (including watermelons) and papaws (papayas); freshes shrank remarkably to $3.4M in 2022. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 1.6% against the previous year.

Export of Melons (Including Watermelons) and Papaws (Papayas); Fresh in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR1.71.91.71.4-6.3%
Japan0.91.11.31.16.9%
Taiwan (Chinese)1.40.40.80.6-24.6%
Singapore0.70.50.40.1-47.7%
Others0.50.30.10.1-41.5%
Total5.14.34.43.4-12.6%

Top Export Markets for Melons (Including Watermelons) and Papaws (Papayas); Fresh from South Korea in 2022:

  1. Hong Kong SAR (422.7 tons)
  2. Japan (315.8 tons)
  3. Taiwan (Chinese) (195.9 tons)
  4. Singapore (36.2 tons)

Source: IndexBox Market Intelligence Platform

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