Thailand: Pumpkin Market Overview 2020

Pumpkin Market Size in Thailand

The revenue of the pumpkin market in Thailand amounted to $X in 2018, remaining stable against the previous year. In general, pumpkin consumption continues to indicate a mild decline. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Pumpkin consumption peaked at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Pumpkin Production in Thailand

In value terms, pumpkin production amounted to $X in 2018 estimated in export prices. Over the period under review, pumpkin production continues to indicate a temperate decline. The most prominent rate of growth was recorded in 2008 when production volume increased by X% year-to-year. Over the period under review, pumpkin production attained its maximum level at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

In 2018, the average pumpkin yield in Thailand stood at X kg per ha, leveling off at the previous year. Over the period under review, the pumpkin yield continues to indicate a slight downturn. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Pumpkin yield peaked at X kg per ha in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of pumpkin (squash and gourds) were harvested in Thailand; picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to pumpkin production attained its peak figure in 2018 and is expected to retain its growth in the immediate term.

Pumpkin Exports

Exports from Thailand

Pumpkin exports from Thailand amounted to X tonnes in 2018, growing by X% against the previous year. In general, pumpkin exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, pumpkin exports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, pumpkin exports totaled $X in 2018. Overall, pumpkin exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, pumpkin exports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Malaysia (X tonnes) was the main destination for pumpkin exports from Thailand, accounting for a X% share of total exports. Moreover, pumpkin exports to Malaysia exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Malaysia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Viet Nam (+X% per year).

In value terms, the largest markets for pumpkin exported from Thailand were Germany ($X), Malaysia ($X) and China, Hong Kong SAR ($X), together accounting for X% of total exports.

China, Hong Kong SAR recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pumpkin export price stood at $X per tonne in 2018, lowering by -X% against the previous year. Overall, the pumpkin export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 a decrease of -X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Pumpkin Imports

Imports into Thailand

In 2018, approx. X tonnes of pumpkin (squash and gourds) were imported into Thailand; jumping by X% against the previous year. In general, pumpkin imports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, pumpkin imports attained their peak figure at X tonnes in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, pumpkin imports totaled $X in 2018. Overall, pumpkin imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Cambodia (X tonnes) constituted the largest pumpkin supplier to Thailand, accounting for a X% share of total imports. Moreover, pumpkin imports from Cambodia exceeded the figures recorded by the second-largest supplier, Myanmar (X tonnes), fivefold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Cambodia amounted to +X%.

In value terms, Cambodia ($X) constituted the largest supplier of pumpkin to Thailand, comprising X% of total pumpkin imports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Cambodia amounted to +X%.

Import Prices by Country

The average pumpkin import price stood at $X per tonne in 2018, waning by -X% against the previous year. Overall, the pumpkin import price continues to indicate an abrupt contraction. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Cambodia ($X per tonne), while the price for Myanmar amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Cambodia.

Source: IndexBox AI Platform