Melon Price Trend and Forecast

Melon Regional Price Overview

Get the latest insights on price movement and trend analysis of Melon in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Melon Price Trend for the Second Half of 2023

Melon prices were observed to be escalating throughout the second half of the year 2023. The melon prices showed a substantial year on year growth as prices were observed to be more than 30% higher compared to July last year. Egypt’s melon exports to Saudi Arabia grew more than double within the first eight months of 2023.
 

Melon Price Chart

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This clearly shows the incredible rise in melon’s downstream demands. Jordan, Yemen, and Egypt continue to be the leaders in the melon industry. As time progressed, the global melon supplies got more and more strained, which was directly reflected in the surging prices. Overall, positive market sentiments were witnessed.

Analyst Insight

According to Procurement Resource, Melon prices are expected to grow moving forward as the shipping hindrances resulted in supply depreciation in recent times; demands are growing, so the prices will go up.
 

Melon Price Trend for the First Half of 2023

In the first and second quarter of 2023, the demand for melons surpassed its production rates and thus resulted in a spike in its prices. The domestic market of Europe struggled with hail and rainfall in the initial months of the first quarter, disrupting the regular supply of melons not only in the domestic but also in the international markets. However, despite the consistent rise in the prices of melons and inflation in the food market, the demand kept on rising, especially in Germany and France. The major cause of this rising demand was the extreme heat in most of the European and Asian countries.

However, even with the relaxation in inflation rates during the end months of the second quarter, the consumers still struggled with volatile food and energy costs. Further, due to the rise in the cost of living, laborers around several regions of the world took on a strike for better pay, additionally depleting the supply of melons around the globe amid high demand scenarios, ultimately leading to the rise in prices.

Analyst Insight

According to Procurement Resource, the price of Melon is expected to depict an oscillating trajectory as its demand is expected to decline after the hot seasons around the globe, but the limited production will keep the supply-demand equilibrium in check.

Procurement Resource provides latest prices of Melon. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.