GCC: Melon Seed Market 2024

Melon Seed Market Size in GCC

In 2022, the GCC melon seed market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Melon Seed Production in GCC

In value terms, melon seed production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of melon seed production was Saudi Arabia (X tons), comprising approx. X% of total volume.

In Saudi Arabia, melon seed production increased at an average annual rate of X% over the period from 2012-2022.

Melon Seed Exports

Exports in GCC

In 2022, melon seed exports in GCC skyrocketed to X tons, increasing by X% compared with the previous year's figure. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, melon seed exports skyrocketed to $X in 2022. In general, exports recorded a perceptible expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Oman was the largest exporter of melon seed in GCC, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Bahrain (X tons), together making up a X% share of total exports. Kuwait (X kg) and Saudi Arabia (X kg) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to melon seed exports from Oman stood at X%. At the same time, Bahrain (X%), Kuwait (X%), Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Bahrain, Kuwait and Saudi Arabia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Kuwait and Bahrain lagged somewhat behind, together comprising a further X%.

Bahrain, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

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

Melon Seed Imports

Imports in GCC

For the third consecutive year, GCC recorded growth in supplies from abroad of melon seed, which increased by X% to X tons in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, melon seed imports dropped to $X in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Oman (X tons) was the key importer of melon seed, committing X% of total imports. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Bahrain (X%). Qatar (X tons) followed a long way behind the leaders.

Imports into Oman increased at an average annual rate of X% from 2012 to 2022. At the same time, Qatar (X%), Bahrain (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. While the share of Bahrain (X p.p.), Oman (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported melon seed in GCC, comprising X% of total imports. The second position in the ranking was held by Oman ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, melon seed imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Oman (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained 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 the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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