Canada - Pumpkin (Squash And Gourds) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Canada - Pumpkin (Squash And Gourds) - Market Analysis, Forecast, Size, Trends and Insights

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Pumpkin Price in Canada - 2023

Contents:

  1. Pumpkin Price in Canada (CIF) - 2023
  2. Pumpkin Price in Canada (FOB) - 2023
  3. Pumpkin Imports in Canada
  4. Pumpkin Exports in Canada

Pumpkin Price in Canada (CIF) - 2023

In September 2023, the average pumpkin import price amounted to $1,244 per ton, dropping by -9.7% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 an increase of 23% against the previous month. The import price peaked at $1,407 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Mexico ($1,516 per ton), while the price for Costa Rica ($899 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumpkin Price in Canada (FOB) - 2023

The average pumpkin export price stood at $554 per ton in September 2023, declining by -52.7% against the previous month. Over the period under review, the export price showed a noticeable decrease. The pace of growth was the most pronounced in February 2023 when the average export price increased by 72% m-o-m. The export price peaked at $1,354 per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From December 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -4.4% per month.

Pumpkin Imports in Canada

In 2022, supplies from abroad of pumpkin (squash and gourds) decreased by -10.9% to 53K tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 4.2%. As a result, imports reached the peak of 60K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pumpkin imports expanded slightly to $60M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports reached the peak of $67M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Pumpkin in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico39.748.442.244.53.9%
United States8.49.57.88.3-0.4%
Honduras1.92.62.31.90.0%
Costa Rica2.11.51.91.9-3.3%
Dominican Republic1.01.41.31.00.0%
Others3.03.33.22.6-4.7%
Total56.166.758.760.22.4%

Top Suppliers of Pumpkin to Canada in 2022:

  1. Mexico (39.6K tons)
  2. United States (7.4K tons)
  3. Costa Rica (2.3K tons)
  4. Honduras (1.3K tons)
  5. Dominican Republic (0.8K tons)

Pumpkin Exports in Canada

In 2022, overseas shipments of pumpkin (squash and gourds) decreased by -1.7% to 37K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, the exports reached the peak of 45K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pumpkin exports surged to $26M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Pumpkin in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.722.721.926.38.3%
OthersN/AN/AN/AN/A0%
Total20.722.821.926.38.3%

Top Export Markets for Pumpkin from Canada in 2022:

  1. United States (37.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pumpkin market in Canada. 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:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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