Sri Lanka: Melon Market 2024

Melon Market Size in Sri Lanka

In 2022, the Sri Lankan melon market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, continues to indicate a slight shrinkage. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Melon Production in Sri Lanka

In value terms, melon production contracted slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

The average yield of melons in Sri Lanka totaled less than X kg per ha in 2022, flattening at 2021. In general, the yield continues to indicate 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 2022, approx. less than X ha of melons were harvested in Sri Lanka; approximately mirroring 2021. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Melon Exports

Exports from Sri Lanka

In 2022, approx. X tons of melons were exported from Sri Lanka; waning by X% compared with the previous year's figure. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, melon exports contracted remarkably to $X in 2022. Overall, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Maldives (X kg) was the main destination for melon exports from Sri Lanka, accounting for a X% share of total exports. Moreover, melon exports to Maldives exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), twofold. The third position in this ranking was held by Germany (X kg), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Maldives stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Germany (X% per year).

In value terms, Germany ($X), Canada ($X) and Maldives ($X) constituted the largest markets for melon exported from Sri Lanka worldwide, with a combined X% share of total exports.

Among the main countries of destination, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average melon export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price posted a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Maldives ($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 Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Melon Imports

Imports into Sri Lanka

In 2022, purchases abroad of melons increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a pronounced decrease. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, melon imports soared to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons), the United Arab Emirates (X tons) and France (X kg) were the main suppliers of melon imports to Sri Lanka, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X) constituted the largest supplier of melons to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average melon import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, posted a noticeable expansion. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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