Price for Melons (Including Watermelons) and Papaws (Papayas); Fresh in Panama - 2023

Contents:

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

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

In 2022, the average export price for melons (including watermelons) and papaws (papayas); freshes amounted to $537 per ton, with a decrease of -3.2% against the previous year. Over the period from 2016 to 2022, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2017 when the average export price increased by 14%. The export price peaked at $555 per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($829 per ton), while the average price for exports to the UK ($511 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 Spain (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for melons (including watermelons) and papaws (papayas); freshes amounted to $1,807 per ton, increasing by 98% against the previous year. Over the period under review, the import price enjoyed a strong increase. As a result, import 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 importers, the country with the highest price was Mexico ($3,090 per ton), while the price for Costa Rica ($870 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of melons (including watermelons) and papaws (papayas); freshes exported from Panama surged to 37K tons, jumping by 31% against 2021 figures. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of melons (including watermelons) and papaws (papayas); freshes surged to $20M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Panama (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.35.66.28.510.5%
United Kingdom3.74.67.25.715.5%
United States0.80.91.74.476.5%
Spain0.50.30.31.337.5%
Belgium0.30.40.1N/A-42.3%
Others0.10.50.40.10.0%
Total11.812.315.820.019.2%

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

  1. Netherlands (16.6K tons)
  2. United Kingdom (11.2K tons)
  3. United States (7.7K tons)
  4. Spain (1.6K tons)
  5. Belgium (0.1K tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of melons (including watermelons) and papaws (papayas); freshes, when their volume decreased by -22.1% to 153 tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44%. As a result, imports attained the peak of 197 tons, and then reduced dramatically in the following year.

In value terms, imports of melons (including watermelons) and papaws (papayas); freshes skyrocketed to $277K in 2022. Overall, imports, however, continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Melons (Including Watermelons) and Papaws (Papayas); Fresh in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12311910919015.6%
Guatemala11.97.38.844.655.3%
Costa RicaN/A32.554.823.9-14.2%
Honduras1.71.02.217.9119.2%
Mexico20.0N/A4.81.1-62.0%
OthersN/AN/A0.2N/A0%
Total15616018027721.1%

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

  1. United States (94.4 tons)
  2. Costa Rica (27.4 tons)
  3. Guatemala (22.0 tons)
  4. Honduras (9.3 tons)
  5. Mexico (0.4 tons)

Source: IndexBox Market Intelligence Platform

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