ASEAN: Pumpkin Market 2024

Pumpkin Market Size in ASEAN

The ASEAN pumpkin market expanded slightly to $X in 2022, rising by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Pumpkin Production in ASEAN

In value terms, pumpkin production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Indonesia (X tons), the Philippines (X tons) and Thailand (X tons), with a combined X% share of total production. Malaysia and Myanmar lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Malaysia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average pumpkin yield in ASEAN expanded slightly to X tons per ha, increasing by X% compared with the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the pumpkin yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the pumpkin harvested area in ASEAN reduced slightly to X ha, approximately equating the previous year's figure. Overall, the harvested area saw a slight descent. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to pumpkin production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Pumpkin Exports

Exports in ASEAN

In 2022, after ten years of growth, there was significant decline in overseas shipments of pumpkin (squash and gourds), when their volume decreased by X% to X tons. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, pumpkin exports contracted notably to $X in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Myanmar (X tons) and Malaysia (X tons) prevails in exports structure, together constituting X% of total exports. Thailand (X tons), Vietnam (X tons) and Indonesia (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest pumpkin supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Pumpkin Imports

Imports in ASEAN

In 2022, overseas purchases of pumpkin (squash and gourds) decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, pumpkin imports stood at $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Singapore prevails in imports structure, reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Malaysia (X tons), committing a X% share of total imports. Brunei Darussalam (X tons) held a relatively small share of total imports.

Singapore experienced a relatively flat trend pattern with regard to volume of imports of pumpkin (squash and gourds). At the same time, Brunei Darussalam (X%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. Malaysia (X p.p.) and Brunei Darussalam (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported pumpkin (squash and gourds) in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Brunei Darussalam (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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