South-Eastern Asia: Pumpkin Market 2024

Pumpkin Market Size in South-Eastern Asia

The Southeast Asian pumpkin market was estimated at $X in 2023, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, saw a strong expansion. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Pumpkin Production in South-Eastern Asia

In value terms, pumpkin production shrank slightly to $X in 2023 estimated in export price. Over the period under review, production, however, posted a resilient increase. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

Indonesia (X tons) constituted the country with the largest volume of pumpkin production, accounting for X% of total volume. Moreover, pumpkin production in Indonesia exceeded the figures recorded by the second-largest producer, the Philippines (X tons), twofold. Thailand (X tons) ranked third in terms of total production with a X% share.

In Indonesia, pumpkin production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Thailand (X% per year).

In 2023, the average yield of pumpkin (squash and gourds) in South-Eastern Asia reduced to X tons per ha, standing approx. at 2022. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2023, the growth of the pumpkin yield remained 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 2023, approx. X ha of pumpkin (squash and gourds) were harvested in South-Eastern Asia; therefore, remained relatively stable against the previous year's figure. Overall, the harvested area, however, saw a mild reduction. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to pumpkin production attained the peak figure at X ha in 2013; however, from 2014 to 2023, the harvested area failed to regain momentum.

Pumpkin Exports

Exports in South-Eastern Asia

In 2023, approx. X tons of pumpkin (squash and gourds) were exported in South-Eastern Asia; increasing by X% on the year before. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, pumpkin exports skyrocketed to $X in 2023. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Malaysia (X tons), Myanmar (X tons) and Lao People's Democratic Republic (X tons), together accounting for X% of total export. Indonesia (X tons), Vietnam (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest pumpkin supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Malaysia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Lao People's Democratic Republic (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Pumpkin Imports

Imports in South-Eastern Asia

After two years of decline, supplies from abroad of pumpkin (squash and gourds) increased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, pumpkin imports declined sharply to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2022, and then shrank rapidly in the following year.

Imports by Country

Singapore prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2023. It was distantly followed by Malaysia (X tons), making up a X% share of total imports. Brunei Darussalam (X tons) followed a long way behind the leaders.

Singapore experienced a relatively flat trend pattern with regard to volume of imports of pumpkin (squash and gourds). At the same time, Brunei Darussalam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2023. Malaysia (X p.p.) and Brunei Darussalam (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported pumpkin (squash and gourds) in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports.

In Singapore, pumpkin imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Brunei Darussalam (X% per year).

Import Prices by Country

In 2023, the import price in South-Eastern Asia amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform