Australia: Pumpkin Market 2024

Pumpkin Market Size in Australia

The Australian pumpkin market rose modestly to $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pumpkin Production in Australia

In value terms, pumpkin production stood at $X in 2022 estimated in export price. In general, production, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Pumpkin production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of pumpkin (squash and gourds) in Australia declined slightly to X tons per ha in 2022, which is down by X% against 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The pumpkin yield peaked at X tons per ha in 2019; however, from 2020 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, approx. X ha of pumpkin (squash and gourds) were harvested in Australia; surging by X% against 2021. Overall, the harvested area, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. The pumpkin harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Pumpkin Exports

Exports from Australia

In 2022, shipments abroad of pumpkin (squash and gourds) decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, pumpkin exports fell sharply to $X in 2022. In general, exports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for pumpkin exports from Australia, with a X% share of total exports. It was followed by Hong Kong SAR (X tons), with a X% share of total exports. Malaysia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Malaysia (X% per year).

In value terms, Singapore ($X) remains the key foreign market for pumpkin (squash and gourds) exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average pumpkin export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pumpkin Imports

Imports into Australia

In 2022, imports of pumpkin (squash and gourds) into Australia surged to X tons, picking up by X% compared with 2021. In general, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pumpkin imports surged to $X in 2022. Overall, imports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bangladesh (X tons) was the main pumpkin supplier to Australia, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Bangladesh was relatively modest.

In value terms, Bangladesh ($X) constituted the largest supplier of pumpkin (squash and gourds) to Australia.

From 2012 to 2022, the average annual growth rate of value from Bangladesh was relatively modest.

Import Prices by Country

The average pumpkin import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Bangladesh.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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