Brunei Darussalam: Pumpkin Market 2020

Pumpkin Market Size in Brunei Darussalam

The revenue of the pumpkin market in Brunei Darussalam amounted to $X in 2018, coming down by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. In that year, the pumpkin market reached its peak level of $X, and then declined slightly in the following year.

Pumpkin Production in Brunei Darussalam

In value terms, pumpkin production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated a slight expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pumpkin production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when production volume increased by X% y-o-y. In that year, pumpkin production reached its peak level of $X, and then declined slightly in the following year.

In 2018, the average yield of pumpkin (squash and gourds) in Brunei Darussalam stood at X kg per ha, therefore, remained relatively stable against the previous year. In general, the pumpkin yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The global pumpkin yield peaked at X kg per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Pumpkin harvested area in Brunei Darussalam stood at X ha in 2018, rising by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to pumpkin production attained its maximum in 2018 and is expected to retain its growth in the immediate term.

Pumpkin Exports

Exports by Country

Mexico (X tons) and Spain (X tons) represented roughly X% of total exports of pumpkin (squash and gourds) in 2018. It was distantly followed by New Zealand (X tons), constituting a X% share of total exports. The U.S. (X tons), Turkey (X tons), Morocco (X tons), Portugal (X tons), the Netherlands (X tons), France (X tons), China (X tons), Canada (X tons) and Italy (X tons) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest pumpkin markets from Brunei Darussalam were Mexico ($X), Spain ($X) and Morocco ($X), with a combined X% share of total exports.

Among the main exporting countries, Mexico experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the pumpkin export price in Brunei Darussalam amounted to $X per ton, lowering by -X% against the previous year. Over the period under review, the pumpkin export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for pumpkin (squash and gourds) reached their maximum at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the export price figures.

Pumpkin Imports

Imports by Country

In 2018, the U.S. (X tons) was the major importer of pumpkin (squash and gourds), constituting X% of total imports. It was distantly followed by France (X tons), Germany (X tons), the UK (X tons), Japan (X tons) and the Netherlands (X tons), together committing a X% share of total imports. The following importers - Canada (X tons), Russia (X tons), Singapore (X tons), Belgium (X tons) and Italy (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to pumpkin imports into the U.S. stood at +X%. At the same time, Russia (+X%), Germany (+X%), Canada (+X%), the UK (+X%), the Netherlands (+X%), France (+X%), Singapore (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), Germany (+X p.p.), France (+X p.p.), the UK (+X p.p.) and Russia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., pumpkin imports expanded at an average annual rate of +X% over the period from 2007-2018. 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

In 2018, the pumpkin import price in Brunei Darussalam amounted to $X per ton, approximately equating the previous year. Overall, the pumpkin import price continues to indicate a relatively flat trend pattern. Brunei Darussalam import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Belgium ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform