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Latin America and the Caribbean - Pumpkin (Squash And Gourds) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Latin America and the Caribbean: Pumpkin Market Overview 2021

Pumpkin Market Size in Latin America and the Caribbean

The Latin American pumpkin market reduced to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption showed a slight curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Pumpkin Production in Latin America and the Caribbean

In value terms, pumpkin production contracted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2012 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2017 to 2019, production growth remained at a somewhat lower figure.

The countries with the highest volumes of pumpkin production in 2019 were Mexico (X tonnes), Cuba (X tonnes) and Argentina (X tonnes), together comprising X% of total production. Peru, Colombia, Venezuela and Chile lagged somewhat behind, together comprising a further X 2012 to 2019, the biggest increases were in Colombia, while pumpkin production for the other leaders experienced more modest paces of growth.

In 2019, the average yield of pumpkin (squash and gourds) in Latin America and the Caribbean shrank modestly to X tonnes per ha, flattening at the year before. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The level of yield peaked at X tonnes per ha in 2018, and then dropped modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of pumpkin (squash and gourds) in Latin America and the Caribbean dropped slightly to X ha, waning by -X% against the year before. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2017 to 2019, the growth of the pumpkin harvested area remained at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of pumpkin production in 2019 were Mexico (X tonnes), Cuba (X tonnes) and Argentina (X tonnes), with a combined X% share of total production. Peru, Colombia, Venezuela and Chile lagged somewhat behind, together comprising a further X 2012 to 2019, the most notable rate of growth in terms of pumpkin production, amongst the main producing countries, was attained by Colombia, while pumpkin production for the other leaders experienced more modest paces of growth.

Pumpkin Exports

Exports in Latin America and the Caribbean

Pumpkin exports rose modestly to X tonnes in 2019, growing by X% against the previous year's figure. In general, exports saw a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. The volume of export peaked in 2019 and is likely to see gradual growth in the near future.

In value terms, pumpkin exports dropped to $X in 2019. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2018, and then declined in the following year.

Exports by Country

Mexico dominates pumpkin exports structure, recording X tonnes, which was approx. X% of total exports in 2019. The following exporters - Costa Rica (X tonnes), Honduras (X tonnes) and Peru (X tonnes) - together made up X% of total exports.

Mexico was also the fastest-growing in terms of the pumpkin (squash and gourds) exports, with a CAGR of +X% from 2012 to 2019. At the same time, Peru (+X%), Honduras (+X%) and Costa Rica (+X%) displayed positive paces of growth. From 2012 to 2019, the share of Mexico increased by +X% percentage points, while Costa Rica (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest pumpkin supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total exports. It was followed by Honduras, with a X% share.

In Mexico, pumpkin exports expanded at an average annual rate of +X% over the period from 2012-2019. In the other countries, the average annual rates were as follows: Costa Rica (+X% per year) and Honduras (+X% per year).

Export Prices by Country

The pumpkin export price in Latin America and the Caribbean stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Mexico ($X per tonne), while Peru ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Honduras, while the other leaders experienced mixed trends in the export price figures.

Pumpkin Imports

Imports in Latin America and the Caribbean

In 2019, overseas purchases of pumpkin (squash and gourds) increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Total imports indicated a temperate increase from 2012 to 2019: its volume increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2014 to 2019, the growth imports failed to regain the momentum.

In value terms, pumpkin imports soared to $X in 2019. Total imports indicated a notable increase from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Mexico (X tonnes), distantly followed by Chile (X tonnes), Uruguay (X tonnes), Argentina (X tonnes), Paraguay (X tonnes) and Honduras (X tonnes) represented the key importers of pumpkin (squash and gourds), together comprising X% of total imports. Curacao (X tonnes), the Dominican Republic (X tonnes) and El Salvador (X tonnes) took a minor share of total imports.

From 2012 to 2019, average annual rates of growth with regard to pumpkin imports into Mexico stood at +X%. At the same time, Curacao (+X%), Honduras (+X%), the Dominican Republic (+X%), Argentina (+X%), El Salvador (+X%) and Paraguay (+X%) displayed positive paces of growth. Moreover, Curacao emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2019. Chile experienced a relatively flat trend pattern. By contrast, Uruguay (-X%) illustrated a downward trend over the same period. From 2012 to 2019, the share of Argentina, Mexico, Paraguay, Honduras, Curacao and the Dominican Republic increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Chile (-X p.p.) and Uruguay (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pumpkin importing markets in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Paraguay ($X), together comprising X% of total imports. Uruguay, Honduras, El Salvador, the Dominican Republic, Argentina and Curacao lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the pumpkin import price in Latin America and the Caribbean amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Paraguay ($X per tonne), while Argentina ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Chile, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pumpkin (squash and gourds) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of pumpkin consumption in 2019 were Cuba (423K tonnes), Argentina (262K tonnes) and Peru (217K tonnes), with a combined 55% share of total consumption. These countries were followed by Mexico, Colombia, Venezuela and Chile, which together accounted for a further 29%.
What are the largest producers of pumpkin (squash and gourds) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of pumpkin production in 2019 were Mexico (679K tonnes), Cuba (423K tonnes) and Argentina (267K tonnes), with a combined 61% share of total production. These countries were followed by Peru, Colombia, Venezuela and Chile, which together accounted for a further 25%.
What are the leading suppliers of pumpkin (squash and gourds) in LatAmerica and the Caribbean?
+
In value terms, Mexico ($424M) remains the largest pumpkin supplier in Latin America and the Caribbean, comprising 91% of total exports. The second position in the ranking was occupied by Costa Rica ($12M), with a 2.5% share of total exports. It was followed by Honduras, with a 1.9% share.
What are the leading importers of pumpkin (squash and gourds) in LatAmerica and the Caribbean?
+
In value terms, Mexico ($1.7M), Chile ($896K) and Paraguay ($812K) were the countries with the highest levels of imports in 2019, together accounting for 65% of total imports. Uruguay, Honduras, El Salvador, the Dominican Republic, Argentina and Curacao lagged somewhat behind, together accounting for a further 23%.
What is the average export price for pumpkin (squash and gourds) in LatAmerica and the Caribbean?
+
The pumpkin export price in Latin America and the Caribbean stood at $771 per tonne in 2019, declining by -8% against the previous year.
What is the average import price for pumpkin (squash and gourds) in LatAmerica and the Caribbean?
+
In 2019, the pumpkin import price in Latin America and the Caribbean amounted to $797 per tonne, waning by -5.3% against the previous year.

Product coverage:
• FCL 394 - Pumpkins, squash and gourds

This report provides an in-depth analysis of the pumpkin market in Latin America and the Caribbean. 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 2025.


Country coverage:
• Anguilla
• Aruba
• Bermuda
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Falkland Islands (Malvinas)
• French Guiana
• Guatemala
• Martinique
• Montserrat
• Nicaragua
• Panama
• Saint Kitts and Nevis
• Saint Maarten (Dutch part)
• Suriname
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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