Brazilian Melon Export Revenue Hits $142 Million, Up 14% Year-on-Year
Feb, 16, 2024 Posted by Gabriel MalheirosWeek 202407
According to Comexstat, Brazilian melon exports from the 2023/24 harvest continue to outpace those of 2022/23. In the partial season (August ’23 to January ’24), revenue reached $142 million (FOB), a 14% increase compared to the same period last campaign; and the volume amounted to 167 thousand tons, marking a 5% rise.
See below the month-on-month overview of Brazilian exports of melon (hs 08071900) between Jan 2019 and Dec 2023.
Melon Exports from Brazil | Jan 2019 – Dec 2023 | TEU
Source: DataLiner (click here to request a demo)
It’s worth noting that the harvest is expected to conclude in March in Rio Grande do Norte/Ceará. However, volumes are already dwindling on farms. Central American countries like Costa Rica, competing with Brazil for the European market, have already begun shipping across the Atlantic. Therefore, a gradual reduction in Brazilian melon exports is expected in the coming months due to increased international competition.
Source: HF Brasil
Click here to read the original report: https://www.hfbrasil.org.br/br/melao-cepea-exportacao-segue-superando-a-safra-anterior.aspx
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