Global Pumpkin Market 2024

Pumpkin Market Size

The global pumpkin market reached $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 remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the global market remained at a lower figure.

Pumpkin Production

In value terms, pumpkin production rose to $X in 2022 estimated in export price. The total output 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. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were China (X tons), India (X tons) and Ukraine (X tons), with a combined X% share of global production. Russia, the United States, Mexico, Spain, Turkey, Bangladesh, Italy, Indonesia and Algeria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

The global average pumpkin yield shrank to X tons per ha in 2022, approximately reflecting the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by X%. Over the period under review, the average pumpkin yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. 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 worldwide; standing approx. at the year before. Overall, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to pumpkin production reached the maximum at X ha in 2020; afterwards, it flattened through to 2022.

Pumpkin Exports

Exports

After four years of growth, overseas shipments of pumpkin (squash and gourds) decreased by X% to X tons in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2013 with an increase of X%. The global exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, pumpkin exports amounted to $X in 2022. Overall, total exports indicated strong 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, exports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Mexico (X tons) and Spain (X tons) were the key exporters of pumpkin (squash and gourds) in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Turkey (X tons), mixing up a X% share of total exports. New Zealand (X tons), the United States (X tons), the Netherlands (X tons), Morocco (X tons), Portugal (X tons), Iran (X tons), Canada (X tons), Italy (X tons), France (X tons) and South Africa (X tons) took a minor 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 Mexico (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest pumpkin supplying countries worldwide were Spain ($X), Mexico ($X) and Turkey ($X), with a combined X% share of global exports.

Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average pumpkin export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Pumpkin Imports

Imports

After four years of growth, supplies from abroad of pumpkin (squash and gourds) decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, global imports attained the maximum at X tons in 2021, and then contracted slightly in the following year.

In value terms, pumpkin imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

The United States represented the key importer of pumpkin (squash and gourds) in the world, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by France (X tons), Germany (X tons), the Netherlands (X tons), the UK (X tons) and Japan (X tons), together comprising a X% share of total imports. The following importers - Canada (X tons), Russia (X tons), Italy (X tons), Singapore (X tons), Spain (X tons), Belgium (X tons) and the United Arab Emirates (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pumpkin imports into the United States stood at X%. At the same time, Russia (X%), the United Arab Emirates (X%), Spain (X%), the Netherlands (X%), Germany (X%), Italy (X%) and Canada (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. France, Singapore, the UK and Belgium experienced a relatively flat trend pattern. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) and Russia (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the UK (X p.p.), France (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pumpkin (squash and gourds) worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the United States, pumpkin imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

The average pumpkin import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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