U.S. - Pumpkin (Squash And Gourds) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingU.S. Pumpkin Import Reduces Markedly to 50K Tons in November 2022
U.S. Pumpkin Imports
In November 2022, overseas purchases of pumpkin (squash and gourds) decreased by -1% to 50K tons for the first time since July 2022, thus ending a three-month rising trend. Overall, imports recorded a pronounced decrease. The growth pace was the most rapid in September 2022 with an increase of 119% against the previous month. Imports peaked at 66K tons in January 2022; however, from February 2022 to November 2022, imports failed to regain momentum.
In value terms, pumpkin imports skyrocketed to $51M (IndexBox estimates) in November 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when imports increased by 98% month-to-month. Over the period under review, imports hit record highs at 53K tons in March 2022; however, from April 2022 to November 2022, imports stood at a somewhat lower figure.
Imports by Country
In November 2022, Mexico (46K tons) was the main pumpkin supplier to the United States, accounting for a 91% share of total imports. Moreover, pumpkin imports from Mexico exceeded the figures recorded by the second-largest supplier, Costa Rica (2.1K tons), more than tenfold. Canada (819 tons) ranked third in terms of total imports with a 1.6% share.
From January 2022 to November 2022, the average monthly growth rate of volume from Mexico totaled -3.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Costa Rica (+5.1% per month) and Canada (+24.6% per month).
In value terms, Mexico ($48M) constituted the largest supplier of pumpkin to the United States, comprising 94% of total imports. The second position in the ranking was held by Costa Rica ($1.2M), with a 2.4% share of total imports. It was followed by Canada, with a 1.5% share.
From January 2022 to November 2022, the average monthly growth rate of value from Mexico was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Costa Rica (+8.0% per month) and Canada (+24.7% per month).
Import Prices by Country
In November 2022, the pumpkin price amounted to $1,010 per ton (CIF, US), increasing by 22% against the previous month. Over the last ten months, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 25% month-to-month. The import price peaked in November 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,040 per ton), while the price for Costa Rica ($590 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Honduras (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Factors Affecting Pumpkin Prices
The pumpkin is a popular winter squash, typically harvested in October in the Northern Hemisphere. It is used for various food and non-food items, including as a Halloween and Thanksgiving decoration. The cost of pumpkins in the United States can vary greatly depending on a number of factors, including the time of year, the region of the country, and the type of pumpkin.
The main factors influencing the price of pumpkins are production costs, demand, weather conditions, and transportation costs. Production costs include the cost of seeds, labor, land, water, and other inputs. These costs can vary significantly from year to year depending on market conditions. For example, the cost of seeds may increase if there is a drought or other crop failure that reduces the supply of seeds available for purchase.
Pumpkins are typically in season from October to November, which coincide with Halloween and Thanksgiving. During these months, demand for pumpkins is high and prices tend to be at their peak. After Thanksgiving, demand decreases and prices usually drop as well.
This report provides an in-depth analysis of the pumpkin market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 394 - Pumpkins, squash and gourds
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
