Global Pumpkin Market Overview 2021

Pumpkin Market Size

The global pumpkin market fell modestly to $X in 2020, with a decrease of -X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, the global market hit record highs at $X in 2019, and then reduced in the following year.

Pumpkin Production

In value terms, pumpkin production dropped to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2019, and then declined in the following year.

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

From 2012 to 2020, the most notable rate of growth in terms of pumpkin production, amongst the leading producing countries, was attained by Ukraine, while pumpkin production for the other global leaders experienced more modest paces of growth.

The global average pumpkin yield dropped slightly to X tonnes per ha in 2020, remaining stable against 2019 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. from 2017 to 2020, the growth of the average pumpkin 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, approx. X ha of pumpkin (squash and gourds) were harvested worldwide; growing by X% against 2019 figures. The harvested area increased at an average annual rate of +X% from 2012 to 2020; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to pumpkin production attained the peak figure in 2020 and is expected to retain growth in the near future.

Production By Country

The countries with the highest volumes of pumpkin production in 2020 were China (X tonnes), India (X tonnes) and Ukraine (X tonnes), together accounting for X% of global production.

From 2012 to 2020, the biggest increases were in Ukraine, while pumpkin production for the other global leaders experienced more modest paces of growth.

Pumpkin Exports

Exports

Global pumpkin exports rose markedly to X tonnes in 2020, picking up by X% on the year before. In general, total exports indicated resilient growth from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Global exports peaked in 2020 and are likely to continue growth in years to come.

In value terms, pumpkin exports surged to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, global exports hit record highs in 2020 and are likely to see gradual growth in the near future.

Exports by Country

Mexico (X tonnes) and Spain (X tonnes) represented roughly X% of total exports of pumpkin (squash and gourds) in 2020. It was distantly followed by New Zealand (X tonnes), achieving a X% share of total exports. Turkey (X tonnes), the U.S. (X tonnes), Morocco (X tonnes), the Netherlands (X tonnes), Canada (X tonnes), Portugal (X tonnes), France (X tonnes) and Italy (X tonnes) followed a long way behind the leaders.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mexico, while exports for the other global leaders experienced more modest paces of growth.

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

Mexico recorded the highest rates of growth with regard to the value of exports, among 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

In 2020, the average pumpkin export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Global export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($X per tonne), while New Zealand ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Pumpkin Imports

Imports

For the third year in a row, the global market recorded growth in overseas purchases of pumpkin (squash and gourds), which increased by X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Global imports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, pumpkin imports skyrocketed to $X in 2020. The total import value increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the U.S. (X tonnes) was the key importer of pumpkin (squash and gourds), mixing up X% of total imports. France (X tonnes) took the second position in the ranking, followed by Germany (X tonnes), the UK (X tonnes), Japan (X tonnes) and the Netherlands (X tonnes). All these countries together held near X% share of total imports. Canada (X tonnes), Russia (X tonnes), Spain (X tonnes), Singapore (X tonnes), Italy (X tonnes), Belgium (X tonnes) and South Korea (X tonnes) took a minor share of total imports.

From 2012 to 2020, average annual rates of growth with regard to pumpkin imports into the U.S. stood at +X%. At the same time, Spain (+X%), the Netherlands (+X%), Germany (+X%), Italy (+X%), Canada (+X%), Russia (+X%) and France (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2020. The UK and South Korea experienced a relatively flat trend pattern. By contrast, Singapore (-X%), Belgium (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of the U.S. increased by +X% percentage points, while Singapore (-X p.p.), France (-X p.p.), the UK (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2020, the average annual growth rate of value in the U.S. totaled +X%. 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 tonne in 2020, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Global import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

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), together comprising 55% of global production.

What are the leading exporters of pumpkin (squash and gourds) in the world?

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In value terms, Mexico ($551M), Spain ($502M) and the U.S. ($67M) constituted the countries with the highest levels of exports in 2020, with a combined 69% share of global exports.

What are the leading importers of pumpkin (squash and gourds) in the world?

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In value terms, the U.S. ($530M) constitutes the largest market for imported pumpkin (squash and gourds) worldwide, comprising 32% of global imports. The second position in the ranking was occupied by France ($205M), with a 13% share of global imports. It was followed by Germany, with a 11% share.

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

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In 2020, the average pumpkin export price amounted to $955 per tonne, growing by 8.4% against the previous year.

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

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The average pumpkin import price stood at $1,013 per tonne in 2020, increasing by 16% against the previous year.