Philippines: Melon Market 2024

Melon Market Size in the Philippines

In 2023, after two years of decline, there was significant decline in the Philippine melon market, when its value decreased by X% to less than $X. Over the period under review, consumption showed a remarkable increase. Melon consumption peaked at $X in 2022, and then declined notably in the following year.

Melon Production in the Philippines

In value terms, melon production contracted dramatically to less than $X in 2023 estimated in export price. In general, production, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

The average yield of melons in the Philippines reached X tons per ha in 2023, with an increase of X% on 2022. Overall, the yield, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the average melon yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of melons were harvested in the Philippines; almost unchanged from the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to melon production attained the peak figure at X ha in 2021; afterwards, it flattened through to 2023.

Melon Exports

Exports from the Philippines

In 2022, the amount of melons exported from the Philippines was estimated at X tons, almost unchanged from the previous year's figure. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, melon exports stood at $X in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X tons), Hong Kong SAR (X tons) and Seychelles (X tons) were the main destinations of melon exports from the Philippines, with a combined X% share of total exports. South Korea, Bahrain and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2016 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for melon exported from the Philippines were Japan ($X), Hong Kong SAR ($X) and Seychelles ($X), with a combined X% share of total exports. South Korea, the United Arab Emirates and Bahrain lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average melon export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Melon Imports

Imports into the Philippines

In 2018, overseas purchases of melons decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2018, the growth of imports remained at a lower figure.

In value terms, melon imports amounted to $X in 2018. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2018, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X tons) was the main melon supplier to the Philippines, accounting for a X% share of total imports. It was followed by Vietnam (X kg), with a X% share of total imports.

From 2014 to 2018, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of melons to the Philippines, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

From 2014 to 2018, the average annual rate of growth in terms of value from China totaled X%.

Import Prices by Country

In 2018, the average melon import price amounted to $X per ton, leveling off at the previous year. Overall, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2015 a decrease of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Vietnam totaled $X per ton.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform