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Mexican Cauliflower And Broccoli Growers Enjoy Rising Demand in the U.S., the Fastest-Growing Importer

broccoli

Mexican Cauliflower And Broccoli Growers Enjoy Rising Demand in the U.S., the Fastest-Growing Importer

IndexBox has just published a new report: ‘World – Cauliflower And Broccoli – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The global cauliflower and broccoli market expanded slightly to $23.1B in 2019, surging by 4.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +4.6% from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level in 2019 and is likely to see steady growth in the near future.

Consumption by Country

The countries with the highest volumes of cauliflower and broccoli consumption in 2019 were China (11M tonnes), India (9.2M tonnes) and the U.S. (1.2M tonnes), with a combined 78% share of global consumption. These countries were followed by Mexico, which accounted for a further 1.9%.

From 2013 to 2019, the most notable rate of growth in terms of cauliflower and broccoli consumption, amongst the leading consuming countries, was attained by Mexico, while cauliflower and broccoli consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest cauliflower and broccoli markets worldwide were China ($9B), India ($6B) and the U.S. ($1.6B), with a combined 72% share of the global market. Mexico lagged somewhat behind, comprising a further 2.6%.

The countries with the highest levels of cauliflower and broccoli per capita consumption in 2019 were China (7.45 kg per person), India (6.68 kg per person) and Mexico (3.81 kg per person).

Production

For the seventh consecutive year, the global market recorded growth in production of cauliflower and broccoli, which increased by 3.2% to 27M tonnes in 2019. The total output volume increased at an average annual rate of +2.6% over the period from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The generally positive trend in terms output was largely conditioned by perceptible growth of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of cauliflower and broccoli production in 2019 were China (11M tonnes), India (9.2M tonnes) and the U.S. (1.2M tonnes), with a combined 78% share of global production. Mexico and Spain lagged somewhat behind, together accounting for a further 5.6%.

From 2013 to 2019, the biggest increases were in Mexico, while cauliflower and broccoli production for the other global leaders experienced more modest paces of growth.

Harvested Area and Yield

In 2019, approx. 1.5M ha of cauliflower and broccoli were harvested worldwide; growing by 2.9% in 2018. The harvested area increased at an average annual rate of +2.7% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The global average cauliflower and broccoli yield was estimated at 19 tonnes per ha in 2019, stabilizing at the previous year.

Exports

In 2019, global exports of cauliflower and broccoli rose modestly to 1.3M tonnes, increasing by 2.4% on the year before. The total export volume increased at an average annual rate of +2.2% over the period from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by 6.3% y-o-y. As a result, exports attained a peak of 1.4M tonnes. From 2018 to 2019, the growth of global exports remained at a lower figure. In value terms, cauliflower and broccoli exports expanded notably to $1.5B (IndexBox estimates) in 2019.

Exports by Country

Spain (385K tonnes) and Mexico (286K tonnes) represented roughly 51% of total exports of cauliflower and broccoli in 2019. They were distantly followed by the U.S. (120K tonnes), France (118K tonnes), China (87K tonnes) and Italy (72K tonnes), together creating a 30% share of total exports. The Netherlands (42K tonnes) took a minor share of total exports.

From 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mexico, while exports for the other global leaders experienced more modest paces of growth. Exports from Mexico increased tangibly from 2016-2019, driven by rising demand in the U.S.

In value terms, Spain ($480M), Mexico ($360M) and the U.S. ($167M) were the countries with the highest levels of exports in 2019, with a combined 66% share of global exports.

Among the main exporting countries, Mexico recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average cauliflower and broccoli export price amounted to $1,154 per tonne, with an increase of 4.8% against the previous year. Over the last six-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 an increase of 7.1% y-o-y. The global export price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was the Netherlands ($1,450 per tonne), while China ($825 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

cabbage

Portugal and Spain Emerge as the Fastest-Growing Exporters in the European Cabbage Market

IndexBox has just published a new report: ‘EU – Cabbage And Other Brassicas – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The EU cabbage market rose significantly to $3.1B in 2019, increasing by 7.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $3.1B in 2013; afterward, it flattened through to 2019.

Consumption by Country

The countries with the highest volumes of cabbage consumption in 2019 were Romania (1.1M tonnes), Poland (924K tonnes), and Germany (693K tonnes), with a combined 59% share of total consumption. These countries were followed by the UK, Italy, France, Spain, Belgium, Portugal, Greece, Austria, and the Czech Republic, which together accounted for a further 28%.

From 2013 to 2019, the biggest increases were in Spain, while cabbage consumption for the other leaders experienced mixed trends in the consumption figures.

In value terms, Poland ($510M), Germany ($438M) and Romania ($425M) constituted the countries with the highest levels of market value in 2019, together accounting for 45% of the total market.

In 2019, the highest levels of cabbage per capita consumption was registered in Romania (57 kg per person), followed by Poland (24 kg per person), Portugal (10 kg per person) and Belgium (9.60 kg per person), while the world average per capita consumption of cabbage was estimated at 9 kg per person.

Production in the EU

In 2019, the production of cabbage and other brassicas decreased by -1.3% to 4.6M tonnes, falling for the second year in a row after two years of growth. In general, production showed a mild curtailment. The growth pace was the most rapid in 2014 with an increase of 4.2% y-o-y. As a result, production reached a peak volume of 5.3M tonnes. From 2015 to 2019, production growth remained at a somewhat lower figure. The general negative trend in terms output was largely conditioned by a mild decline of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of cabbage production in 2019 were Romania (1.1M tonnes), Poland (955K tonnes), and Germany (591K tonnes), with a combined 58% share of total production. Italy, the UK, Spain, the Netherlands, France, Portugal, Belgium, and Greece lagged somewhat behind, together accounting for a further 31%.

From 2013 to 2019, the most notable rate of growth in terms of cabbage production, amongst the main producing countries, was attained by Spain, while cabbage production for the other leaders experienced a decline in the production figures.

Harvested Area and Yield in the EU

The cabbage harvested area fell to 156K ha in 2019, standing approx. the year before. In general, the harvested area showed a mild descent. The level of harvested area peaked at 166K ha in 2013; however, from 2014 to 2019, it remained at a lower figure.

The average cabbage yield amounted to 29 tonnes per ha in 2019, almost unchanged from the year before. In general, the yield, however, recorded a relatively flat trend pattern.

Exports in the EU

In 2019, the amount of cabbage and other brassicas exported in the European Union expanded slightly to 656K tonnes, growing by 2.5% compared with 2018 figures. The pace of growth was the most pronounced in 2014 when exports increased by 7.1% y-o-y. As a result, exports attained the peak of 743K tonnes. From 2015 to 2019, the growth exports remained at a somewhat lower figure. In value terms, cabbage exports expanded sharply to $613M (IndexBox estimates) in 2019.

Exports by Country

The Netherlands represented the major exporting country with an export of around 210K tonnes, which reached 32% of total exports. Spain (99K tonnes) occupied a 15% share (based on tonnes) of total exports, which put it in second place, followed by Germany (12%), Italy (11%), Poland (8.9%), Belgium (7.3%) and Portugal (5.3%).

The Netherlands experienced a relatively flat trend pattern with regard to the volume of exports of cabbage and other brassicas. At the same time, Portugal (+9.0%), Spain (+6.2%), Belgium (+3.9%), and Italy (+3.3%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing cabbage exporter in the European Union, with a CAGR of +9.0% from 2013-2019. By contrast, Germany (-2.4%) and Poland (-13.2%) illustrated a downward trend over the same period.

In value terms, the Netherlands ($224M) remains the largest cabbage supplier in the European Union, comprising 37% of total exports. The second position in the ranking was occupied by Spain ($107M), with a 17% share of total exports. It was followed by Italy, with a 15% share.

Export Prices by Country

The cabbage export price in the European Union stood at $934 per tonne in 2019, rising by 9.5% against the previous year. Over the period from 2013 to 2019, it increased at an average annual rate of +3.4%. As a result, export price attained the peak level and is likely to continue growing in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($1,321 per tonne), while Poland ($609 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

cheese

Global Cheese Market Hit Record Highs But Is to Lose Momentum Against the Pandemic

IndexBox has just published a new report: ‘World – Cheese – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In 2019, the global cheese market increased by 2.3% to $114.1B, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.1% over the period from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the market value increased by 7.1% year-to-year. Over the period under review, the global market reached its maximum level in 2019.

Taking into account the closure of the HoReCa sector worldwide due to the pandemic, a decrease in consumer incomes and possible disruptions in the work of international supply chains, global cheese consumption is expected to stagnate in 2020. Afterward, the start of gradual market growth is expected as the global economy recovers from the effects of the pandemic. The market is forecast to expand with an anticipated CAGR +0.6% for the period from 2019 to 2030, which is projected to bring the market volume to 27M tonnes by the end of 2030.

Consumption by Country

The U.S. (6.1M tonnes) remains the largest cheese consuming country worldwide, accounting for 24% of total volume. Moreover, cheese consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (3M tonnes), twofold. The third position in this ranking was occupied by France (1.6M tonnes), with a 6.4% share.

From 2013 to 2019, the average annual rate of growth in terms of volume in the U.S. totaled +2.5%. In the other countries, the average annual rates were as follows: Germany (+4.4% per year) and France (+1.3% per year).

In value terms, the U.S. ($25.9B) led the market, alone. The second position in the ranking was occupied by Germany ($11.2B). It was followed by Italy.

The countries with the highest levels of cheese per capita consumption in 2019 were the Czech Republic (64 kg per person), Germany (37 kg per person) and France (25 kg per person).

From 2013 to 2019, the most notable rate of growth in terms of cheese per capita consumption, amongst the main consuming countries, was attained by the Czech Republic, while cheese per capita consumption for the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by increasing demand for cheese worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.8% for the period from 2019 to 2030, which is projected to bring the market volume to 31M tonnes by the end of 2030.

Production

In 2019, the amount of cheese produced worldwide rose slightly to 26M tonnes, picking up by 2.6% on the year before. The total output volume increased at an average annual rate of +2.6% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years.

Production by Country

The countries with the highest volumes of cheese production in 2019 were the U.S. (6.3M tonnes), Germany (3.5M tonnes) and France (1.9M tonnes), with a combined 46% share of global production. These countries were followed by Italy, Poland, the Netherlands, Argentina, Russia, the Czech Republic, Egypt, the UK and Canada, which together accounted for a further 26%.

From 2013 to 2019, the most notable rate of growth in terms of cheese production, amongst the key producing countries, was attained by the Czech Republic, while cheese production for the other global leaders experienced more modest paces of growth.

Imports

In 2019, approx. 7.1M tonnes of cheese were imported worldwide; rising by 3.5% against 2018. The total import volume increased at an average annual rate of +2.7% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 4.2% against the previous year. Over the period under review, global imports attained the peak figure in 2019 and are expected to retain growth in the near future. In value terms, cheese imports rose to $32.3B (IndexBox estimates) in 2019.

Imports by Country

In 2019, Germany (778K tonnes), Italy (536K tonnes), the UK (495K tonnes), the Netherlands (390K tonnes), France (377K tonnes), Belgium (341K tonnes), Spain (310K tonnes), Japan (303K tonnes) and Russia (284K tonnes) represented the major importer of cheese in the world, mixing up 54% of total import. The U.S. (180K tonnes), Saudi Arabia (148K tonnes) and Greece (135K tonnes) took a relatively small share of total imports.

From 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands, while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($4.2B) constitutes the largest market for imported cheese worldwide, comprising 13% of global imports. The second position in the ranking was occupied by the UK ($2.1B), with a 6.5% share of global imports. It was followed by Italy, with a 6.3% share.

Import Prices by Country

The average cheese import price stood at $4,532 per tonne in 2019, falling by -1.6% against the previous year. Over the period under review, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11% year-to-year. Over the period under review, average import prices attained the peak figure at $5,303 per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($7,560 per tonne), while Saudi Arabia ($3,362 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

lemon juice

The Pandemic Hampers the Growth of the Global Concentrated Lemon Juice Market

IndexBox has just published a new report: ‘World – Concentrated Lemon And Other Citrus Fruit Juice – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Only a Slight Growth of the Global Concentrated Lemon Juice Market is Expected, As The Pandemic Hit Major Importing Countries

The value of the global concentrated lemon and other citrus fruit juice (excl. orange and grapefruit juice) market stood at approx. $647M in 2019, declining by -6.0% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

In physical terms, global concentrated lemon and other citrus fruit juice consumption also declined slightly the last year, amounting to 258K tonnes in 2019. From 2015-2018, the market increased steadily, but in 2019 the growth lost its momentum due to a slight decrease in the lemon harvest in Argentina, which remains the largest lemon juice producing country.

The countries with the highest volumes of consumption of concentrated lemon and other citrus fruit juice in 2019 were the U.S. (31K tonnes), Argentina (16K tonnes) and Japan (15K tonnes), with a combined 24% share of global consumption (IndexBox estimates). These countries were followed by Canada, Spain, Germany, China, India, Peru, France, Brazil and Mexico, which together accounted for a further 38%.

From 2007 to 2019, the most notable rate of growth in terms of consumption of concentrated lemon and other citrus fruit juice, amongst the key consuming countries, was attained by Spain, while consumption of concentrated lemon and other citrus fruit juice for the other global leaders experienced more modest paces of growth.

In value terms, the largest concentrated lemon and other citrus fruit juice markets worldwide were the U.S. ($79M), Japan ($56M) and Argentina ($47M), with a combined 28% share of the global market. These countries were followed by Germany, Spain, China, Canada, France, Brazil, India, Mexico and Peru, which together accounted for a further 37%.

The countries with the highest levels of concentrated lemon and other citrus fruit juice per capita consumption in 2019 were Canada (371 kg per 1000 persons), Argentina (354 kg per 1000 persons) and Peru (298 kg per 1000 persons).

Concentrated lemon juice is a well-known product in South America and in Southern Europe, as well as, being imported, in the U.S., Canada, and across Western Europe. By contrast, in Southern and South-Eastern Asia, the market is relatively underdeveloped; however, China emerges as the fastest-growing lemon juice importer – rapid urbanization and the rising popularity of the western-style cuisine drive the use of lemon juice here.

Apart from the other types of juices which are largely consumed as a beverage, concentrated lemon juice is used as an ingredient in various recipes in baking, grilling, and as an ingredient in marinades and salad dressings, in cocktails, hot tea, lemonade, and hot lemonade. It also may have some non-food applications like home deodorization and cleaning. Therefore, population growth remains a fundamental market driver, combined with increases in disposable income, which in turn will contribute to enhanced consumer spending.

The major downside risk for market growth comes from the possible contraction of incomes due to the COVID pandemic. In the context of falling incomes, consumers primarily tend to exclude non-staple goods from purchases, which include concentrated lemon and other citrus fruit juice.

Concentrated lemon and other citrus fruit juice is a widely traded commodity, with the share of exports in total global output increased from near 72% in 2007 to about 86% in 2019 (IndexBox estimates). This is conditioned by the rising demand for tropical and citrus fruit juices in those countries that don’t grow many lemons like the U.S., Europe, and Canada, on the one hand, and Argentina’s (together with some other countries) specialization in lemons, on the other hand.

The largest concentrated lemon and other citrus fruit juice importing markets worldwide were the U.S. ($102M), the Netherlands ($87M), and Japan ($63M), with a combined 40% share of global imports. Germany, France, Spain, Canada, Italy, the UK, China, Israel, and Belgium lagged somewhat behind, together accounting for a further 37%. The hit of the pandemic in the U.S. and Europe was severe, which leads to a dramatic drop in terms of GDP and consumer spending. This is to affect the consumption of concentrated lemon juice which is largely supplied by imports.

In Latin America, the impact of the crisis on domestic demand should be less significant because concentrated lemon and other citrus fruits and concentrated lemon and other citrus fruit juice are available locally. However, the concentrated lemon and other citrus fruit industry in large producing countries (Argentina, Brazil, Mexico) are largely export-oriented, therefore, the decrease in demand in Western countries can damage local producers and cause further disruption of supply chains.

Accordingly, the market is expected to decrease somewhat in 2020 and then to start recovering gradually. Over the next decade, the market is expected to grow modestly, with an anticipated CAGR of +0.3% for the period from 2019 to 2030, which is projected to bring the market volume to 265K tonnes by the end of 2030.

Source: IndexBox AI Platform

mustard

The European Prepared Mustard Market Flattened after Two Years Of Robust Growth

IndexBox has just published a new report: ‘EU – Prepared Mustard – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

After three years of growth, the EU prepared mustard market decreased by -3.9% to $2.9B in 2019. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 10% year-to-year. As a result, consumption attained a peak level of $3B and then shrank slightly in the following year.

Consumption by Country

The countries with the highest volumes of prepared mustard consumption in 2019 were the UK (221K tonnes), Germany (202K tonnes), and Italy (190K tonnes), together comprising 44% of total consumption. These countries were followed by France, Spain, Poland, Ireland, the Netherlands, Romania, Belgium, the Czech Republic, and Sweden, which together accounted for a further 43%.

From 2013 to 2019, the most notable rate of growth in terms of prepared mustard consumption, amongst the key consuming countries, was attained by Romania, while prepared mustard consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared mustard markets in the European Union were Germany ($532M), the UK ($437M), and France ($421M), together accounting for 48% of the total market. These countries were followed by Spain, Poland, Belgium, Ireland, the Netherlands, Romania, Sweden, the Czech Republic, and Italy, which together accounted for a further 36%.

In 2019, the highest levels of prepared mustard per capita consumption were registered in Ireland (11 kg per person), followed by Belgium (4 kg per person), the UK (3.27 kg per person) and the Czech Republic (3.25 kg per person), while the world average per capita consumption of prepared mustard was estimated at 2.71 kg per person.

Production in the EU

In 2019, prepared mustard production in the European Union reached 1.5M tonnes, increasing by 1.9% against the previous year. The total output volume increased at an average annual rate of +3.3% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.

Production by Country

The countries with the highest volumes of prepared mustard production in 2019 were Italy (335K tonnes), Germany (325K tonnes), and Poland (154K tonnes), together accounting for 53% of total production. Belgium, Spain, the Netherlands, and France lagged somewhat behind, together accounting for a further 36%.

From 2013 to 2019, the most notable rate of growth in terms of prepared mustard production, amongst the key producing countries, was attained by the Netherlands, while prepared mustard production for the other leaders experienced more modest paces of growth.

Imports in the EU

In 2019, overseas purchases of prepared mustard increased by 3.8% to 1.6M tonnes, rising for the fourth year in a row after two years of decline. The total import volume increased at an average annual rate of +3.3% over the period from 2013 to 2019. In value terms, prepared mustard imports amounted to $3.9B (IndexBox estimates) in 2019.

Imports by Country

In 2019, the UK (374K tonnes), distantly followed by France (202K tonnes), Germany (174K tonnes), and the Netherlands (159K tonnes) represented the major importers of prepared mustard, together committing 55% of total imports. The following importers – Italy (73K tonnes), Spain (73K tonnes), Belgium (72K tonnes), Poland (64K tonnes), Sweden (63K tonnes), Ireland (58K tonnes), Romania (44K tonnes), and the Czech Republic (40K tonnes) – together made up 30% of total imports.

From 2013 to 2019, the biggest increases were in Romania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared mustard importing markets in the European Union were the UK ($738M), France ($474M), and Germany ($455M), with a combined 42% share of total imports. These countries were followed by the Netherlands, Belgium, Poland, Spain, Sweden, Italy, Ireland, Romania, and the Czech Republic, which together accounted for a further 40%.

Import Prices by Country

The prepared mustard import price in the European Union stood at $2,394 per tonne in 2019, declining by -2.7% against the previous year. The pace of growth was the most pronounced in 2014 an increase of 7.4% against the previous year. As a result, import price reached the peak level of $2,673 per tonne. From 2015 to 2019, the growth in terms of import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Belgium ($2,881 per tonne) and Poland ($2,750 per tonne), while the UK ($1,974 per tonne) and Romania ($1,981 per tonne) were amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Ireland, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

kiwi

The Global Kiwi Fruit Market Grows Tangibly, Driven by Strong Demand in China and Europe

IndexBox has just published a new report: ‘World – Kiwi Fruits – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

For the tenth consecutive year, the global kiwi fruit market recorded growth in sales value, which increased by 6.5% to $6.9B in 2019. Over the period under review, the total consumption indicated a resilient expansion from 2007 to 2019: its value increased at an average annual rate of +4.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Consumption by Country

China (2.2M tonnes) remains the largest kiwi fruit consuming country worldwide, accounting for 52% of total volume. Moreover, kiwi fruit consumption in China exceeded the figures recorded by the second-largest consumer, Italy (337K tonnes), sevenfold. The third position in this ranking was occupied by Iran (177K tonnes), with a 4.1% share.

In China, kiwi fruit consumption expanded at an average annual rate of +5.3% over the period from 2007-2019. In other countries, the average annual rates were as follows: Italy (+8.7% per year) and Iran (+4.2% per year).

In value terms, China ($3.5B) led the market, alone. The second position in the ranking was occupied by Italy ($553M). It was followed by Japan.

In 2019, the highest levels of kiwi fruit per capita consumption were registered in Greece (14 kg per person), followed by Italy (5.66 kg per person), Chile (4.45 kg per person) and Spain (3 kg per person), while the world average per capita consumption of kiwi fruit was estimated at 0.55 kg per person.

Market Forecast to 2030

In 2020, the lockdown and decreased consumer spending caused by the pandemic is to put a drag on the growth of the global kiwi fruit consumption. In the medium term, as the global economy recovers from the effects of the pandemic, the market is expected to grow gradually. Overall, market performance is forecast to pursue a slightly upward trend over the next decade, expanding with an anticipated CAGR of +1.3% for the period from 2019 to 2030, which is projected to bring the market volume to 4.9M tonnes by the end of 2030.

Production

For the third consecutive year, the global market recorded growth in the production of kiwi fruit, which increased by 4.1% to 4.3M tonnes in 2019. In general, the total production indicated tangible growth from 2007 to 2019: its volume increased at an average annual rate of +4.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +3.6% against 2015 indices. The general positive trend in terms output was largely conditioned by temperate growth of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

China (2.1M tonnes) remains the largest kiwi fruit producing country worldwide, accounting for 49% of total volume. Moreover, kiwi fruit production in China exceeded the figures recorded by the second-largest producer, Italy (578K tonnes), fourfold. New Zealand (533K tonnes) ranked third in terms of total production with a 12% share.

In China, kiwi fruit production increased at an average annual rate of +4.9% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Italy (+2.8% per year) and New Zealand (+0.8% per year).

Harvested Area

In 2019, the global harvested area of kiwi fruit rose to 259K ha, picking up by 4.6% compared with the year before. In general, the total harvested area indicated a pronounced increase from 2007 to 2019: its figure increased at an average annual rate of +4.3% over the last twelve years. Over the period under review, the harvested area dedicated to kiwi fruit production attained the peak figure at 261K ha in 2015; however, from 2016 to 2019, the harvested area failed to regain the momentum.

Yield

The global average kiwi fruit yield contracted slightly to 17 tonnes per ha in 2019, remaining relatively unchanged against 2018. Over the period under review, the yield showed a relatively flat trend pattern. The global yield peaked at 18 tonnes per ha in 2008; however, from 2009 to 2019, the yield remained at a lower figure.

Imports

In 2019, the amount of kiwi fruit imported worldwide shrank modestly to 1.5M tonnes, declining by -2.3% on the year before. The total import volume increased at an average annual rate of +2.7% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, global imports attained the maximum at 1.6M tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure. In value terms, kiwi fruit imports expanded modestly to $3.1B (IndexBox estimates) in 2019.

Imports by Country

In 2019, Belgium (154K tonnes), Spain (136K tonnes), China (112K tonnes), Germany (108K tonnes), Japan (107K tonnes), Russia (78K tonnes), France (75K tonnes), the U.S. (69K tonnes), Italy (63K tonnes), the Netherlands (61K tonnes), India (43K tonnes) and Poland (34K tonnes) was the largest importer of kiwi fruit in the world, generating 68% of total import.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest kiwi fruit importing markets worldwide were China ($431M), Japan ($411M) and Belgium ($250M), together accounting for 35% of global imports.

Import Prices by Country

In 2019, the average kiwi fruit import price amounted to $2,024 per tonne, rising by 5.1% against the previous year. Over the last twelve years, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19% year-to-year. Over the period under review, average import prices attained the maximum in 2019 and are expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($3,856 per tonne), while India ($1,066 per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

dried onion

Germany’s Dried Onion Market Was Finally on the Rise to Reach $53M in 2019

IndexBox has just published a new report: ‘Germany – Dried Onions – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

In 2019, the German dried onion market was finally on the rise to reach $53M after two years of decline. The market value increased at an average annual rate of +1.4% from 2009 to 2019; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by 25% y-o-y. Dried onion consumption peaked in 2019 and is likely to see gradual growth in the near future.

Production in Germany

In 2019, production of dried onions increased by 4.2% to 5.7K tonnes, rising for the fourth consecutive year after two years of decline. In general, production saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 62% year-to-year. Dried onion production peaked in 2019 and is expected to retain growth in the near future.

In value terms, dried onion production amounted to $9.2M in 2019 estimated at export prices. The total output value increased at an average annual rate of +1.3% over the period from 2009 to 2019; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 12% y-o-y. Dried onion production peaked at $9.5M in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

Imports into Germany

In 2019, overseas purchases of dried onions were finally on the rise to reach 22K tonnes after two years of decline. In value terms, dried onion imports rose rapidly to $53M (IndexBox estimates) in 2019. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 20% y-o-y. As a result, imports reached a peak of $66M. From 2015 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, India (8.2K tonnes) constituted the largest dried onion supplier to Germany, with a 37% share of total imports. Moreover, dried onion imports from India exceeded the figures recorded by the second-largest supplier, Egypt (3K tonnes), threefold. China (2.8K tonnes) ranked third in terms of total imports with a 12% share.

From 2009 to 2019, the average annual growth rate of volume from India amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-7.7% per year) and China (+2.6% per year).

In value terms, the largest dried onion suppliers to Germany were India ($15M), China ($8.8M), and Egypt ($7.6M), together comprising 59% of total imports. The U.S., the UK, France, and the Netherlands lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, the UK recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average dried onion import price amounted to $2,356 per tonne, with an increase of 7.1% against the previous year. In general, the import price, however, recorded a mild setback. The growth pace was the most rapid in 2013 an increase of 12% year-to-year. Over the period under review, average import prices attained the maximum at $2,861 per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($3,202 per tonne), while the price for India ($1,780 per tonne) was amongst the lowest.

From 2009 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

lemon and lime

Driven by Strong Demand in the U.S., Global Lemon and Lime Imports Hit Record Highs

IndexBox has just published a new report: ‘World – Lemons And Limes – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In 2019, after six years of growth, there was a decline in the global lemon and lime market, when its value decreased by -5% to $16.5B. The market value increased at an average annual rate of +2.6% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of 15% year-to-year. Over the period under review, the global market attained the maximum level at $17.4B in 2018 and then fell modestly in the following year.

Consumption by Country

The countries with the highest volumes of lemon and lime consumption in 2019 were India (3.2M tonnes), China (2.4M tonnes), and Mexico (1.9M tonnes), with a combined 38% share of global consumption. These countries were followed by Argentina, the U.S., Brazil, Turkey, Spain, Italy, and Iran, which together accounted for a further 35%.

From 2007 to 2019, the biggest increases were in Spain, while lemon and lime consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest lemon and lime markets worldwide were China ($2.2B), India ($1.8B), and Argentina ($1.5B), with a combined 33% share of the global market. These countries were followed by Mexico, Brazil, the U.S., Italy, Spain, Turkey, and Iran, which together accounted for a further 34%.

In 2019, the highest levels of lemon and lime per capita consumption were registered in Argentina (40 kg per person), followed by Mexico (14 kg per person), Spain (10 kg per person) and Turkey (8.25 kg per person), while the world average per capita consumption of lemon and lime was estimated at 2.54 kg per person.

Market Forecast 2019-2030

Driven by increasing demand for lemon and lime worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.2% for the period from 2019 to 2030, which is projected to bring the market volume to 22M tonnes by the end of 2030.

Production

For the seventh consecutive year, the global market recorded growth in the production of lemons and limes, which increased by 2.2% to 20M tonnes in 2019. The total output volume increased at an average annual rate of +1.6% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 11% y-o-y. Global production peaked in 2019 and is likely to see gradual growth in the immediate term. The generally positive trend in terms output was largely conditioned by the slight growth of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of lemon and lime production in 2019 were India (3.2M tonnes), Mexico (2.6M tonnes) and China (2.4M tonnes), together comprising 42% of global production. Argentina, Brazil, Spain, Turkey, the U.S., South Africa, Iran, Italy and Egypt lagged somewhat behind, together accounting for a further 43%.

From 2007 to 2019, the biggest increases were in South Africa, while lemon and lime production for the other global leaders experienced more modest paces of growth.

Harvested Area

In 2019, the total area harvested in terms of lemons and limes production worldwide reduced to 1.2M ha, dropping by -6.5% in 2018. The harvested area increased at an average annual rate of +1.5% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 16% against the previous year. As a result, the harvested area reached the peak level of 1.3M ha, and then reduced in the following year.

Yield

The global average lemon and lime yield expanded markedly to 17 tonnes per ha in 2019, growing by 9.3% against the previous year’s figure. Overall, the yield continues to indicate a relatively flat trend pattern. Over the period under review, the average lemon and lime yield attained the peak level in 2019 and is likely to see gradual growth in years to come.

Imports

For the fifth year in a row, the global market recorded growth in purchases abroad of lemons and limes, which increased by 3.1% to 3.7M tonnes in 2019. Overall, total imports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +4.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 12% y-o-y. Over the period under review, global imports reached the peak figure in 2019 and are likely to continue growing in years to come. In value terms, lemon and lime imports declined to $3.8B (IndexBox estimates) in 2019.

Imports by Country

In 2019, the U.S. (793K tonnes), distantly followed by the Netherlands (247K tonnes), Russia (224K tonnes), Germany (212K tonnes), France (198K tonnes) and Iraq (168K tonnes) represented the largest importers of lemons and limes, together committing 50% of total imports. The UK (161K tonnes), Italy (154K tonnes), Saudi Arabia (131K tonnes), Canada (127K tonnes), Poland (125K tonnes) and the United Arab Emirates (80K tonnes) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +5.2% from 2007 to 2019. At the same time, Iraq (+9.8%), Canada (+6.6%), the Netherlands (+6.5%), Saudi Arabia (+6.4%), the United Arab Emirates (+5.3%), Italy (+4.5%), the UK (+4.3%), France (+4.2%), Germany (+3.5%) and Poland (+1.9%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the world, with a CAGR of +9.8% from 2007-2019. Russia experienced a relatively flat trend pattern.

In value terms, the U.S. ($692M) constitutes the largest market for imported lemons and limes worldwide, comprising 18% of global imports. The second position in the ranking was occupied by Germany ($322M), with a 8.5% share of global imports. It was followed by France, with a 7.7% share.

Import Prices by Country

In 2019, the average lemon and lime import price amounted to $1,022 per tonne, with a decrease of -5.2% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2010 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $1,144 per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Germany ($1,521 per tonne), while Iraq ($446 per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

poultry

Global Poultry Production to Reach 137M tonnes in 2020, Mainly Driven by Growth in China, the EU, and the UK

IndexBox has just published a new report: ‘World – Poultry – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In 2019, the global poultry market increased by 6% to $231.5B, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +4.4% from 2009 to 2019. The growth pace was the most rapid in 2011 with an increase of 11% y-o-y. Global consumption peaked in 2019 and is expected to retain growth in the near future.

Poultry Consumption by Country

The countries with the highest volumes of poultry consumption in 2019 were China (20M tonnes), the U.S. (19M tonnes), and Brazil (12M tonnes), with a combined 40% share of global consumption. These countries were followed by Russia, Mexico, India, Japan, Indonesia, Iran, South Africa, Malaysia, and Myanmar, which together accounted for a further 21%.

In value terms, China ($53.4B) led the market, alone. The second position in the ranking was occupied by the U.S. ($21.3B). It was followed by Brazil.

The countries with the highest levels of poultry per capita consumption in 2019 were Malaysia (63 kg per person), the U.S. (58 kg per person), and Brazil (57 kg per person).

From 2009 to 2019, the most notable rate of growth in terms of poultry per capita consumption, amongst the leading consuming countries, was attained by Myanmar, while poultry per capita consumption for the other global leaders experienced more modest paces of growth.

Market Forecast 2020-2030

Driven by increasing demand for poultry worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.3% for the period from 2019 to 2030, which is projected to bring the market volume to 166M tonnes by the end of 2030.

According to FAO forecasts, global poultry meat production will reach 137 million tonnes in 2020. Growth is expected in China, the EU, Britain, Brazil, and Mexico, while production decline is possible in India, Thailand, Turkey, and the U.S.

In China, poultry production is projected to grow, albeit slowly, due to relatively steady demand amid high pork prices. Although the discovery of new HPAI cases at the beginning of the year in some European countries forced China to ban imports of live birds from these suppliers. However, the impact on domestic production is likely to be limited, since the measure coincided with the lifting of the 2015 ban on imports of live poultry from the United States.

New investments in processing capacity are expected to increase poultry production in the EU and the UK. However, a positive outlook could become negative if the recent fall in prices associated with COVID-19 continues. Slaughter of birds in countries where new cases of HPAI have been diagnosed may also hinder production growth in the EU this year.

In Brazil, poultry production is projected to increase driven by growing demand for imports, especially in China, as well as in other countries that are attracted by Brazil’s status as a supplier of products with high biosafety standards.

Growth in poultry meat production is also projected to continue in South Africa due to strong consumer demand, and in Mexico because of competitive feed prices.

In contrast, poultry meat production in India is likely to decline as the outflow of labor from cities after the COVID-19 lockdown reduced the availability of workforce in this sector, which also led to a decrease in consumer demand.

Similarly, in Thailand, a sharp drop in demand for poultry meat from the food retail sector, including street food, is driving the expected decline in production. However, the prospects for production in 2020 could be positive if efforts by the government to persuade Asian countries, especially China, Japan and the Republic of Korea, to import more poultry meat are successful.

In the United States, declining food sales and labor shortages have led the sector to abandon expansion plans and reduce the share of large poultry production preferred by HoReCa. It is also reported that the requirements for maintaining distances between workspaces in processing plants reduce the efficiency of meat processing, which leads to a drop in production.

Global Poultry Production

In 2019, the amount of poultry produced worldwide expanded to 130M tonnes, growing by 3.7% against the previous year’s figure. The total output volume increased at an average annual rate of +3.4% from 2009 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of 4.7% against the previous year. Global production peaked in 2019 and is expected to retain growth in years to come. The generally positive trend in terms output was largely conditioned by a perceptible increase in the number of producing animals and a relatively flat trend pattern in yield figures.

Production By Country

The countries with the highest volumes of poultry production in 2019 were the U.S. (23M tonnes), China (20M tonnes), and Brazil (16M tonnes), with a combined 45% share of global production. Russia, India, Mexico, Indonesia, Turkey, Japan, Iran, Argentina, and Myanmar lagged somewhat behind, together comprising a further 20%.

From 2009 to 2019, the most notable rate of growth in terms of poultry production, amongst the key producing countries, was attained by Russia, while poultry production for the other global leaders experienced more modest paces of growth.

Exports

For the fourth year in a row, the global market recorded growth in overseas shipments of poultry, which increased by 2.2% to 17M tonnes in 2019. The total export volume increased at an average annual rate of +3.3% over the period from 2009 to 2019.

In value terms, poultry exports rose to $27.3B (IndexBox estimates) in 2019. Over the period under review, global exports reached the maximum at $28.5B in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Brazil (4M tonnes) and the U.S. (3.6M tonnes) represented the main exporters of poultry in 2019, resulting in at approx. 24% and 22% of total exports, respectively. It was distantly followed by the Netherlands (1.5M tonnes) and Poland (1.5M tonnes), together generating an 18% share of total exports. Belgium (509K tonnes), Turkey (493K tonnes), Germany (473K tonnes), France (398K tonnes), Ukraine (361K tonnes), the UK (359K tonnes), Hong Kong  (328K tonnes) and Thailand (295K tonnes) followed a long way behind the leaders.

From 2009 to 2019, the biggest increases were in Ukraine, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest poultry supplying countries worldwide were Brazil ($6.5B), the U.S. ($3.7B), and Poland ($2.9B), with a combined 48% share of global exports. These countries were followed by the Netherlands, Germany, France, Belgium, Thailand, Turkey, Ukraine, Hong Kong, and the UK, which together accounted for a further 31%.

Export Prices by Country

The average poultry export price stood at $1,644 per tonne in 2019, remaining relatively unchanged against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by 11% year-to-year. The global export price peaked at $1,893 per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Thailand ($2,683 per tonne), while the U.S. ($1,045 per tonne) was amongst the lowest.

From 2009 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

latin america

The Latin American Melon Market To Pursue Temperate Growth

IndexBox has just published a new report: ‘Latin America and the Caribbean – Melons – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The Latin American melon market reached $1.4B in 2019, with an increase of 6.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.8% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2019 and is likely to see gradual growth in the immediate term.

Consumption by Country

The countries with the highest volumes of melon consumption in 2019 were Mexico (516K tonnes), Brazil (338K tonnes) and Guatemala (327K tonnes), with a combined 63% share of total consumption. These countries were followed by Venezuela, Argentina, Colombia, Cuba, Costa Rica, Chile, the Dominican Republic, Honduras and Paraguay, which together accounted for a further 33%.

From 2007 to 2019, the biggest increases were in Colombia, while melon consumption for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($404M), Brazil ($217M) and Colombia ($159M) appeared to be the countries with the highest levels of market value in 2019, with a combined 54% share of the total market.

In 2019, the highest levels of melon per capita consumption was registered in Guatemala (19 kg per person), followed by Costa Rica (8.20 kg per person), Venezuela (6.23 kg per person) and Paraguay (4.59 kg per person), while the world average per capita consumption of melon was estimated at 2.82 kg per person.

Market Forecast 2019-2030

Driven by increasing demand for melon in Latin America and the Caribbean, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.9% for the period from 2019 to 2030, which is projected to bring the market volume to 2.1M tonnes by the end of 2030.

Production in Latin America and the Caribbean

In 2019, approx. 2.9M tonnes of melons were produced in Latin America and the Caribbean; stabilizing at 2018. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 5.5% y-o-y. Over the period under review, production hit record highs in 2019 and is likely to see gradual growth in the immediate term. The general positive trend in terms output was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of melon production in 2019 were Guatemala (633K tonnes), Mexico (600K tonnes) and Brazil (590K tonnes), together accounting for 63% of total production. Honduras, Venezuela, Costa Rica and Argentina lagged somewhat behind, together comprising a further 26%.

From 2007 to 2019, the biggest increases were in Honduras, while melon production for the other leaders experienced more modest paces of growth.

Harvested Area in Latin America and the Caribbean

The melon harvested area reached 130K ha in 2019, approximately mirroring 2018 figures. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the harvested area increased by 5.7% y-o-y. Over the period under review, the harvested area dedicated to melon production reached the peak figure at 136K ha in 2007; however, from 2008 to 2019, the harvested area failed to regain the momentum.

Yield in Latin America and the Caribbean

In 2019, the average melon yield in Latin America and the Caribbean amounted to 22 tonne per ha, approximately reflecting 2018 figures. Overall, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the yield increased by 7.8% year-to-year. The level of yield peaked at 23 tonne per ha in 2016; however, from 2017 to 2019, the yield remained at a lower figure.

Exports in Latin America and the Caribbean

In 2019, the amount of melons exported in Latin America and the Caribbean dropped to 1.1M tonnes, which is down by -5.2% compared with the year before. In general, exports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 17% year-to-year. The volume of export peaked at 1.3M tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, melon exports declined to $692M (IndexBox estimates) in 2019. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of 17% against the previous year. The level of export peaked at $811M in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

Guatemala (306K tonnes), Honduras (264K tonnes) and Brazil (252K tonnes) represented roughly 77% of total exports of melons in 2019. Costa Rica (126K tonnes) ranks next in terms of the total exports with a 12% share, followed by Mexico (10%).

From 2007 to 2019, the biggest increases were in Honduras, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest melon supplying countries in Latin America and the Caribbean were Honduras ($206M), Brazil ($160M) and Guatemala ($131M), with a combined 72% share of total exports.

Honduras saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2019, the melon export price in Latin America and the Caribbean amounted to $652 per tonne, declining by -2.9% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 when the export price increased by 26% year-to-year. As a result, export price attained the peak level of $848 per tonne. From 2018 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($810 per tonne), while Guatemala ($428 per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Honduras, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform