Watermelon Market Overview in Democratic People's Republic of Korea
In value terms, watermelon production declined to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of % year-to-year. As a result, production attained the peak level of $, and then declined in the following year.
In 2019, the average watermelon yield in Democratic People's Republic of Korea stood at tonnes per ha, almost unchanged from 2018. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of % y-o-y. The watermelon yield peaked at tonnes per ha in 2011; however, from 2012 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of watermelons were harvested in Democratic People's Republic of Korea; approximately mirroring the previous year. Overall, the harvested area saw a mild setback. The pace of growth was the most pronounced in 2012 when the harvested area increased by % against the previous year. Over the period under review, the harvested area dedicated to watermelon production attained the maximum at ha in 2008; however, from 2009 to 2019, the harvested area failed to regain the momentum.
The size of the watermelon market in Democratic People's Republic of Korea reduced to $ in 2019, dropping by -% 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 +% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2018 with an increase of % year-to-year. As a result, consumption attained the peak level of $, and then dropped in the following year.