Watermelon Price Trend and Forecast

Watermelon Regional Price Overview

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

Watermelon Price Trend for the Second Half of 2023

Watermelon prices observed a mixed price trajectory throughout the second half of the year 2023. The third quarter began on a higher note in July; the prices rode high as the downstream demands were high during the peak summer months. An unusual weather pattern helped watermelon growers in the USA. Some casual behavior was noticed in the US market going forward as the winter months started arriving.
 

Watermelon Price Chart

Please Login or Subscribe to Access the Watermelon Price Chart Data
 

The regular demands almost stagnated after a point, while the production also declined. Overall, the supply and demand outlooks were able to sustain their balance. Some upward and downward fluctuations were seen on the way from July to December. However, the market was able to sustain its momentum for the most part. After a robust early quarter three, the market dynamics were stable in the last phase of Q4’23.

Analyst Insight

According to Procurement Resource, Watermelon prices are likely to remain on a similar oscillating trail in the coming months; the prices are looking optimistic.
 

Watermelon Price Trend for the First Half of 2023

In the first and second quarters of 2023, the producers of watermelon from Bangladesh witnessed high yields and even higher prices of watermelon, both in domestic and international markets. The main cause of this favorable wind in the price trend of watermelon was the improved connectivity that allowed producers to reach markets across the nation and borders.

In addition to this, growers claim that this year's yields were stronger since the weather remained favorable. This is due to the fact that it takes wholesalers less time to transport watermelons from the region to other parts of the country now that the Padma Bridge has opened, facilitating road transportation and lowering the risk of fruit spoilage in transit.

A similar trend was also observed in the Indian markets, where limited production of watermelons due to extreme weather conditions and unseasonal rains slowed the influx rates of the fruit while, on the other hand, the demand for watermelon surged consistently. Further, the onset of Ramadan and heat waves pushed the prices of watermelon towards an upward trajectory.

Analyst Insight

According to Procurement Resource, the price of Watermelon is expected to depict a fluctuating trend as after the summer season, the demand for watermelon is estimated to decline globally.

Procurement Resource provides latest prices of Nonanoic Acid. 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.