Marketing challenges in Brazil: High supply and reduced demand impact watermelon prices for six consecutive weeks

Published 2024년 2월 5일

Tridge summary

Watermelon prices in Brazil have fallen for the sixth consecutive period due to an oversupply and lack of demand. In Teixeira de Freitas, demand is low due to sporadic rainfall, while in Rio Grande do Sul, supply is high due to an increased harvest. The price of large watermelons in Teixeira de Freitas dropped by 12.5% to R$0.70/kg, and in Rio Grande do Sul, the price decreased by 7.7% to R$0.68/kg. This continuous drop in prices is causing concern among producers as it could significantly reduce profits or even result in losses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the sixth consecutive period, watermelon prices registered a drop in plantations. Hortifruti/Cepea collaborators indicate that the reasons for this trend persist: an excessive supply combined with insufficient demand. In Teixeira de Freitas (BA), demand is low due to occasional rains in the region, discouraging the local market. In Rio Grande do Sul, supply is high due to the intensification of the harvest in southern regions, accompanied by watermelons from Bahia and some fruits in Goiás. However, demand remains weak. Rains in the state of Rio Grande do Sul are more controlled, not impacting production as in December and early January. Thus, the price of large watermelon (>12 kg) in Teixeira de Freitas ended at R$0.70/kg, registering a reduction of 12.5% compared to the previous week. In Rio Grande do Sul, the same standard of watermelon had an average of R$0.68/kg, showing a ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.