Peru: Melon Seed Market Overview 2021

Melon Seed Market Size in Peru

The Peruvian melon seed market dropped markedly to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption showed a deep contraction. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Melon Seed Production in Peru

In value terms, melon seed production rose modestly to $X in 2019 estimated in export prices. Overall, the total production indicated a buoyant increase from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2013 indices. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Melon seed production peaked in 2019 and is expected to retain growth in the near future.

In 2019, the average melon seed yield in Peru totaled X kg per ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of melon seed in Peru was estimated at X ha, therefore, remained relatively stable against the previous year's figure. In general, the harvested area recorded a relatively flat trend pattern.

Melon Seed Exports

Exports from Peru

In 2019, approx. X tonnes of melon seed were exported from Peru; rising by X% against the year before. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2015 to 2019, the growth exports failed to regain the momentum.

In value terms, melon seed exports skyrocketed to $X in 2019. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for melon seed exports from Peru, accounting for a X% share of total exports. Moreover, melon seed exports to the Netherlands exceeded the volume sent to the second major destination, the U.S. (X tonnes), threefold. Spain (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Spain (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for melon seed exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Spain (+X% per year).

Export Prices by Country

The average melon seed export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2019 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2019, the countries with the highest prices were the U.S. ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to Spain ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Melon Seed Imports

Imports into Peru

Melon seed imports into Peru soared to X kg in 2019, increasing by X% compared with the previous year's figure. Overall, imports showed a resilient increase. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2016 to 2019, the growth imports failed to regain the momentum.

In value terms, melon seed imports surged to $X in 2019. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X kg) constituted the largest melon seed supplier to Peru, accounting for a X% share of total imports. Moreover, melon seed imports from the U.S. exceeded the figures recorded by the second-largest supplier, France (X kg), more than tenfold. The third position in this ranking was occupied by Chile (X kg), with a X% share.

From 2012 to 2019, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Chile (-X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of melon seed to Peru, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Chile (-X% per year).

Import Prices by Country

The average melon seed import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for melon seed in the world?

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The country with the largest volume of melon seed consumption was Nigeria (606K tonnes), comprising approx. 60% of total volume. Moreover, melon seed consumption in Nigeria exceeded the figures recorded by the second-largest consumer, Sudan (114K tonnes), fivefold. Democratic Republic of the Congo (67K tonnes) ranked third in terms of total consumption with a 6.6% share.

What are the largest producers of melon seed in the world?

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The country with the largest volume of melon seed production was Nigeria (606K tonnes), comprising approx. 59% of total volume. Moreover, melon seed production in Nigeria exceeded the figures recorded by the second-largest producer, Sudan (120K tonnes), fivefold. The third position in this ranking was occupied by Democratic Republic of the Congo (67K tonnes), with a 6.5% share.

What are the leading suppliers of melon seed to Peru?

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In value terms, the U.S. ($211K) constituted the largest supplier of melon seed to Peru, comprising 76% of total imports. The second position in the ranking was occupied by China ($15K), with a 5.6% share of total imports. It was followed by Chile, with a 4.9% share.

What are the leading importers of melon seed from Peru?

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In value terms, the Netherlands ($18M) remains the key foreign market for melon seed exports from Peru, comprising 68% of total exports. The second position in the ranking was occupied by the U.S. ($6.5M), with a 25% share of total exports. It was followed by Spain, with a 2.8% share.

What is the average export price for melon seed in Peru?

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The average melon seed export price stood at $297,091 per tonne in 2019, with an increase of 1.8% against the previous year.

What is the average import price for melon seed in Peru?

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The average melon seed import price stood at $310,230 per tonne in 2019, with an increase of 2.5% against the previous year.