Brazil: Watermelon Market 2024

Watermelon Market Size in Brazil

In 2023, the Brazilian watermelon market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Watermelon Production in Brazil

In value terms, watermelon production soared to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

The average yield of watermelons in Brazil expanded slightly to X tons per ha in 2023, increasing by X% compared with the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2023, the growth of the average watermelon yield remained at a somewhat lower figure. 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 Brazil expanded to X ha in 2023, surging by X% compared with the previous year. Overall, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2023, the growth of the watermelon harvested area remained at a lower figure.

Watermelon Exports

Exports from Brazil

In 2023, watermelon exports from Brazil rose rapidly to X tons, surging by X% compared with the previous year's figure. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, watermelon exports skyrocketed to $X in 2023. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2023 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Spain (X tons) were the main destinations of watermelon exports from Brazil, together comprising X% of total exports. Paraguay and Argentina lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Argentina (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Spain ($X) appeared to be the largest markets for watermelon exported from Brazil worldwide, together comprising X% of total exports. Argentina and Paraguay lagged somewhat behind, together comprising a further X%.

Argentina, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 2023, the average watermelon export price amounted to $X per ton, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X%. The export price peaked in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Watermelon Imports

Imports into Brazil

In 2015, after two years of decline, there was decline in overseas purchases of watermelons, when their volume decreased by X% to X tons. In general, imports showed a significant increase. The smallest decline of X% was in 2013. Over the period under review, imports attained the peak figure in 2015 and are expected to retain growth in years to come.

In value terms, watermelon imports amounted to $X in 2015. Overall, imports showed a significant increase. The smallest decline of X% was in 2013. Over the period under review, imports hit record highs in 2015 and are likely to see gradual growth in the near future.

Imports by Country

In 2015, Spain (X tons) was the main watermelon supplier to Brazil, with a approx. X% share of total imports.

From 2012 to 2015, the average annual rate of growth in terms of volume from Spain totaled X%.

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

From 2012 to 2015, the average annual rate of growth in terms of value from Spain stood at X%.

Import Prices by Country

The average watermelon import price stood at $X per ton in 2015, remaining relatively unchanged against the previous year. Overall, the import price faced a dramatic setback. The most prominent rate of growth was recorded in 2013 when the average import price decreased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2015, import prices failed to regain momentum.

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

From 2012 to 2015, the rate of growth in terms of prices for Spain amounted to X% per year.

Source: IndexBox Platform