Melon Seed Market in Mexico
In value terms, melon seed production amounted to $ in estimated in export price. Over the period under review, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Melon seed production peaked at $ in 2012; however, from 2013 to , production failed to regain momentum.
The average yield of melon seed in Mexico was estimated at kg per ha in , approximately equating figures. Overall, the yield continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the yield increased by %. Over the period under review, the average melon seed yield attained the peak level at tons per ha in 2012; however, from 2013 to , the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the melon seed harvested area in Mexico amounted to ha, remaining constant against figures. Overall, the total harvested area indicated a buoyant expansion from 2012 to : its figure increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, melon seed harvested area decreased by -% against 2019 indices. The pace of growth was the most pronounced in 2014 when the harvested area increased by % against the previous year. Over the period under review, the harvested area dedicated to melon seed production attained the peak figure at ha in 2016; however, from 2017 to , the harvested area failed to regain momentum.
The revenue of the melon seed market in Mexico was estimated at $ in , increasing 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). In general, consumption, however, showed a deep contraction. The growth pace was the most rapid in 2016 with an increase of % against the previous year. Over the period under review, the market reached the maximum level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .