Thailand: Pumpkin Market Overview 2021

Pumpkin Market Size in Thailand

In 2020, the Thai pumpkin market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Pumpkin consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Pumpkin Production in Thailand

In value terms, pumpkin production declined sharply to $X in 2020 estimated in export prices. In general, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Pumpkin production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

In 2020, the average pumpkin yield in Thailand rose modestly to X tonnes per ha, surging by X% against 2019 figures. The yield figure increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the yield increased by X% year-to-year. The pumpkin yield peaked at X tonnes per ha in 2016; however, from 2017 to 2020, 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 2020, the pumpkin harvested area in Thailand shrank to X ha, dropping by -X% compared with 2019. Over the period under review, the harvested area showed a abrupt decrease. The growth pace was the most rapid in 2016 when the harvested area increased by X% against the previous year. The pumpkin harvested area peaked at X ha in 2012; however, from 2013 to 2020, the harvested area remained at a lower figure.

Pumpkin Exports

Exports from Thailand

In 2020, overseas shipments of pumpkin (squash and gourds) decreased by -X% to X tonnes, falling for the fifth year in a row after four years of growth. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, pumpkin exports reduced markedly to $X in 2020. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes), Lao People's Democratic Republic (X tonnes) and Cambodia (X tonnes) were the main destinations of pumpkin exports from Thailand, together accounting for X% of total exports.

From 2012 to 2020, the biggest increases were in Lao People's Democratic Republic (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for pumpkin exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and Lao People's Democratic Republic (+X% per year).

Export Prices by Country

The average pumpkin export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Norway ($X per tonne), while the average price for exports to Lao People's Democratic Republic ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia, while the prices for the other major destinations experienced more modest paces of growth.

Pumpkin Imports

Imports into Thailand

In 2020, overseas purchases of pumpkin (squash and gourds) decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, pumpkin imports shrank markedly to $X in 2020. Over the period under review, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) was the main supplier of pumpkin to Thailand, with a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of pumpkin to Thailand.

From 2012 to 2020, the average annual growth rate of value from China stood at +X%.

Import Prices by Country

The average pumpkin import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2016 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pumpkin (squash and gourds) in the world?

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The countries with the highest volumes of pumpkin consumption in 2020 were China (8.6M tonnes), India (5.9M tonnes) and Ukraine (1.5M tonnes), together accounting for 55% of global consumption.

What are the largest producers of pumpkin (squash and gourds) in the world?

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The countries with the highest volumes of pumpkin production in 2020 were China (8.6M tonnes), India (5.9M tonnes) and Ukraine (1.5M tonnes), with a combined 55% share of global production.

What are the leading suppliers of pumpkin (squash and gourds) to Thailand?

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In value terms, China ($28K) constituted the largest supplier of pumpkin to Thailand.

What are the leading importers of pumpkin (squash and gourds) from Thailand?

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In value terms, Hong Kong SAR ($68K) emerged as the key foreign market for pumpkin exports from Thailand, comprising 44% of total exports. The second position in the ranking was occupied by Norway ($31K), with a 20% share of total exports. It was followed by Lao People's Democratic Republic, with a 13% share.

What is the average export price for pumpkin (squash and gourds) in Thailand?

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The average pumpkin export price stood at $978 per tonne in 2020, dropping by -21.6% against the previous year.

What is the average import price for pumpkin (squash and gourds) in Thailand?

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In 2020, the average pumpkin import price amounted to $427 per tonne, shrinking by -23.1% against the previous year.