Asia: Pumpkin Market 2024

Pumpkin Market Size in Asia

The Asian pumpkin market totaled $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Pumpkin Production in Asia

In value terms, pumpkin production expanded remarkably to $X in 2022 estimated in export price. The total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Turkey (X tons), together comprising X% of total production. Bangladesh, Indonesia, South Korea, Pakistan and the Philippines lagged somewhat behind, together comprising a further X%.

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

In 2022, the average pumpkin yield in Asia amounted to X tons per ha, remaining stable against 2021. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by X%. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the 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 Asia was estimated at X ha, almost unchanged from 2021 figures. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to pumpkin production attained the peak figure at X ha in 2020; afterwards, it flattened through to 2022.

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Pumpkin Exports

Exports in Asia

In 2022, pumpkin exports in Asia shrank to X tons, reducing by X% against the previous year's figure. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, pumpkin exports shrank slightly to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted modestly in the following year.

Exports by Country

Turkey represented the key exporting country with an export of around X tons, which finished at X% of total exports. Iran (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by China (X%), Oman (X%), the United Arab Emirates (X%), Myanmar (X%), India (X%) and Malaysia (X%).

From 2012 to 2022, average annual rates of growth with regard to pumpkin exports from Turkey stood at X%. At the same time, Myanmar (X%), the United Arab Emirates (X%), India (X%), Oman (X%), Malaysia (X%) and Iran (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, China (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), the United Arab Emirates (X p.p.), Myanmar (X p.p.), India (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Iran (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest pumpkin supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: Iran (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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

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

Pumpkin Imports

Imports in Asia

In 2022, the amount of pumpkin (squash and gourds) imported in Asia contracted modestly to X tons, dropping by X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, pumpkin imports dropped slightly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Japan was the major importing country with an import of around X tons, which resulted at X% of total imports. Singapore (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%), South Korea (X%), Qatar (X%), China (X%) and Iraq (X%).

Imports into Japan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), China (X%), Qatar (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, South Korea (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Qatar (X p.p.), Iraq (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, South Korea and Japan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Japan stood at X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Qatar ($X per ton), while China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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