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China’s watermelon industry is a behemoth, with over 20 million acres dedicated to cultivation and a remarkably consistent annual output of approximately 60 million metric tons.
According to the Food and Agriculture Organization of the United Nations (FAO), China accounts for roughly 60% of global watermelon production and consumption, solidifying its position as the world’s undisputed watermelon king. That translates to an average of nearly 100 pounds of watermelon consumed per person, annually.
This impressive scale has garnered attention, particularly from South Korea, where watermelon consumption is considered a luxury.
Recent reports from South Korean media highlight a surge in agricultural product prices, including watermelons, cabbages, and radishes, amidst a prolonged heatwave.
As of July 11th, the average retail price of a watermelon in South Korea reached 29,115 won (approximately $22 USD), marking a significant increase of 36.5% compared to the previous year and 22.5% from just one week prior. Retail analysts anticipate further price hikes due to heightened demand driven by the scorching temperatures, compounded by slower growth rates earlier in the season due to insufficient sunlight in June. This price discrepancy underlines the profound difference in affordability and availability of this popular fruit between the two nations, raising questions about potential import strategies and the dynamics of agricultural markets in the face of climate change.
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Original article, Author: Tobias. If you wish to reprint this article, please indicate the source:https://aicnbc.com/5439.html
