Watermelon Market Overview in Paraguay
In value terms, watermelon production shrank to $ in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of % y-o-y. Over the period under review, production attained the peak level at $ in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.
In 2019, the average watermelon yield in Paraguay contracted modestly to tonnes per ha, stabilizing at the year before. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the yield increased by % year-to-year. As a result, the yield reached the peak level of tonnes per ha. From 2010 to 2019, the growth of the average watermelon yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The watermelon harvested area in Paraguay reached ha in 2019, approximately mirroring 2018. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the harvested area increased by % year-to-year. As a result, the harvested area reached the peak level of ha. From 2011 to 2019, the growth of the watermelon harvested area remained at a somewhat lower figure.
The value of the watermelon market in Paraguay fell to $ in 2019, declining 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). Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to 2019, consumption remained at a lower figure.