
Argentina - Melon Seed - Market Analysis, Forecast, Size, Trends and Insights
Argentina: Melon Seed Market 2023
Melon Seed Market Size in Argentina
In 2022, the Argentinian melon seed market decreased by -67.5% to $X, falling for the fifth year in a row after two years of growth. Overall, consumption, however, enjoyed a resilient expansion. Melon seed consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.
Melon Seed Exports
Exports from Argentina
In 2022, melon seed exports from Argentina soared to X kg, picking up by 62% against the previous year's figure. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,547% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, melon seed exports reduced markedly to $X in 2022. Overall, exports recorded a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 4,206%. As a result, the exports reached the peak of $X, and then plummeted in the following year.
Exports by Country
Guatemala (X kg) was the main destination for melon seed exports from Argentina, accounting for a 96% share of total exports. It was followed by Paraguay (X kg), with a 1% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Guatemala was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+23.1% per year) and the Netherlands (+11.6% per year).
In value terms, Guatemala ($X) emerged as the key foreign market for melon seed exports from Argentina, comprising 94% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 5.3% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Guatemala was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+9.7% per year) and the Netherlands (+51.3% per year).
Export Prices by Country
The average melon seed export price stood at $X per ton in 2022, waning by -68.4% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 454% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to the Netherlands ($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 the Netherlands (+35.6%), while the prices for the other major destinations experienced a decline.
Melon Seed Imports
Imports into Argentina
In 2022, imports of melon seed into Argentina shrank rapidly to X tons, with a decrease of -37.5% on the previous year's figure. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2013 with an increase of 1,177%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.
In value terms, melon seed imports rose remarkably to $X in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 1,584%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.
Imports by Country
China (X kg), Peru (X kg) and Thailand (X kg) were the main suppliers of melon seed imports to Argentina, together accounting for 75% of total imports.
From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +74.9%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest melon seed suppliers to Argentina were Thailand ($X), China ($X) and Peru ($X), together comprising 82% of total imports.
Peru, with a CAGR of +145.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average melon seed import price amounted to $X per ton, jumping by 79% against the previous year. In general, the import price continues to indicate a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
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This report provides an in-depth analysis of the melon seed market in Argentina. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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