Latin America and the Caribbean: Melon Seed Market 2024

Melon Seed Market Size in Latin America and the Caribbean

In 2022, the Latin American melon seed market increased by X% to $X, rising for the third consecutive year after three years of decline. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Melon Seed Production in Latin America and the Caribbean

In value terms, melon seed production soared to $X in 2022 estimated in export price. In general, production showed a remarkable increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Peru (X tons) and Chile (X tons), together accounting for X% of total production. Honduras and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of melon seed in Latin America and the Caribbean skyrocketed to X tons per ha, jumping by X% on 2021. Overall, the yield enjoyed resilient growth. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the melon seed harvested area in Latin America and the Caribbean totaled X ha, remaining constant against the previous year. Over the period under review, the harvested area showed a perceptible setback. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Melon Seed Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of melon seed were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, melon seed exports reduced dramatically to $X in 2022. In general, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil was the largest exporter of melon seed in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Peru (X tons) and Honduras (X tons), together achieving a X% share of total exports. Chile (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the melon seed exports, with a CAGR of X% from 2012 to 2022. At the same time, Honduras (X%) and Peru (X%) displayed positive paces of growth. By contrast, Chile (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Honduras (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Peru (X p.p.) and Chile (X p.p.) displayed negative dynamics.

In value terms, Peru ($X) remains the largest melon seed supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

In Peru, melon seed exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Honduras (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the export price figures.

Melon Seed Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of melon seed increased by X% to X tons, rising for the second year in a row after four years of decline. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, melon seed imports fell rapidly to $X in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Honduras (X tons) was the main importer of melon seed, mixing up X% of total imports. It was distantly followed by Guatemala (X tons), Chile (X tons) and Brazil (X tons), together mixing up a X% share of total imports. Argentina (X tons) held a little share of total imports.

Imports into Honduras increased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%), Argentina (X%), Guatemala (X%) and Chile (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. While the share of Honduras (X p.p.), Brazil (X p.p.), Guatemala (X p.p.) and Chile (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Guatemala ($X), Brazil ($X) and Honduras ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, showed pronounced growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X,617 per ton), while Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :