Chile: Watermelon Market Overview 2021

Watermelon Market Size in Chile

After three years of growth, the Chilean watermelon market decreased by -X% to $X in 2019. Over the period under review, consumption saw a mild shrinkage. The pace of growth was the most pronounced in 2018 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Watermelon Production in Chile

In value terms, watermelon production shrank remarkably to $X in 2019 estimated in export prices. In general, production continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Watermelon production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

In 2019, the average watermelon yield in Chile was estimated at X tonnes per ha, standing approx. at the year before. Overall, the yield recorded a mild increase. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, the yield attained the peak level of X tonnes per ha. From 2013 to 2019, the growth of the average watermelon yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of watermelons were harvested in Chile; approximately equating 2018. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to watermelon production reached the peak figure at X ha in 2011; however, from 2012 to 2019, the harvested area failed to regain the momentum.

Watermelon Exports

Exports from Chile

In 2019, the amount of watermelons exported from Chile surged to X tonnes, growing by X% against the year before. In general, exports posted a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, watermelon exports soared to $X in 2019. Overall, exports showed significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tonnes) was the main destination for watermelon exports from Chile, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to the UK totaled +X%.

In value terms, the UK ($X) also remains the key foreign market for watermelon exports from Chile.

From 2007 to 2019, the average annual growth rate of value to the UK amounted to +X%.

Export Prices by Country

The average watermelon export price stood at $X per tonne in 2019, dropping by -X% against the previous year. In general, the export price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2007 to 2019, the rate of growth in terms of prices for the UK amounted to -X% per year.

Watermelon Imports

Imports into Chile

For the fourth consecutive year, Chile recorded decline in overseas purchases of watermelons, which decreased by -X% to X tonnes in 2019. Overall, imports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports remained at a lower figure.

In value terms, watermelon imports rose remarkably to $X in 2019. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Peru (X tonnes) was the main watermelon supplier to Chile, with a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Peru stood at +X%.

In value terms, Peru ($X) constituted the largest supplier of watermelon to Chile.

From 2007 to 2019, the average annual rate of growth in terms of value from Peru amounted to +X%.

Import Prices by Country

In 2019, the average watermelon import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is likely to continue growth in years to come.

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

From 2007 to 2019, the rate of growth in terms of prices for Peru amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for watermelons in the world?

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China (64M tonnes) constituted the country with the largest volume of watermelon consumption, accounting for 60% of total volume. Moreover, watermelon consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (4M tonnes), more than tenfold. Iran (3.9M tonnes) ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of watermelons in the world?

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The country with the largest volume of watermelon production was China (64M tonnes), accounting for 60% of total volume. Moreover, watermelon production in China exceeded the figures recorded by the second-largest producer, Iran (4.2M tonnes), more than tenfold. The third position in this ranking was occupied by Turkey (4.1M tonnes), with a 3.8% share.

What are the leading suppliers of watermelons to Chile?

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In value terms, Peru ($1.3M) constituted the largest supplier of watermelon to Chile.

What are the leading importers of watermelons from Chile?

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In value terms, the UK ($10K) remains the key foreign market for watermelon exports from Chile.

What is the average export price for watermelons in Chile?

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In 2019, the average watermelon export price amounted to $964 per tonne, declining by -24.3% against the previous year.

What is the average import price for watermelons in Chile?

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In 2019, the average watermelon import price amounted to $764 per tonne, rising by 13% against the previous year.