ECOWAS: Melon Seed Market 2024

Melon Seed Market Size in ECOWAS

The ECOWAS melon seed market declined slightly to $X in 2022, approximately reflecting the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Melon Seed Production in ECOWAS

In value terms, melon seed production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a mild decline. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Nigeria (X tons) remains the largest melon seed producing country in ECOWAS, comprising approx. X% of total volume. Moreover, melon seed production in Nigeria exceeded the figures recorded by the second-largest producer, Mali (X tons), more than tenfold.

In Nigeria, melon seed production remained relatively stable over the period from 2012-2022.

In 2022, the average yield of melon seed in ECOWAS fell modestly to X kg per ha, approximately reflecting the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per ha. From 2016 to 2022, the growth of the melon seed 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 2022, the melon seed harvested area in ECOWAS reached X ha, almost unchanged from the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2015 to 2022, the growth of the melon seed harvested area remained at a lower figure.

Melon Seed Exports

Exports in ECOWAS

In 2022, overseas shipments of melon seed decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, melon seed exports dropped to $X in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Ghana (X tons) represented the largest exporter of melon seed, committing X% of total exports. It was distantly followed by Togo (X tons), making up a X% share of total exports. Nigeria (X kg) followed a long way behind the leaders.

Exports from Ghana increased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Togo increased by X percentage points.

In value terms, Ghana ($X) remains the largest melon seed supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Togo ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Ghana amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Togo (X% per year) and Nigeria (X% per year).

Export Prices by Country

The export price in ECOWAS stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, melon seed export price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced a decline in the export price figures.

Melon Seed Imports

Imports in ECOWAS

After two years of growth, overseas purchases of melon seed decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, melon seed imports contracted to $X in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

The purchases of the five major importers of melon seed, namely Mali, Nigeria, Niger, Burkina Faso and Senegal, represented more than two-thirds of total import. It was distantly followed by Ghana (X tons), comprising a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Nigeria ($X) and Mali ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Burkina Faso, Ghana and Niger lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Niger, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Senegal ($X per ton), while Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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