Philippines: Pumpkin Market 2025

Pumpkin Market Size in the Philippines

The Philippine pumpkin market stood at $X in 2022, remaining constant against the previous year. Overall, consumption recorded a mild descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Pumpkin Production in the Philippines

In value terms, pumpkin production stood at $X in 2022 estimated in export price. Overall, production recorded a slight decline. The pace of growth was the most pronounced in 2017 with an increase of 251% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

The average yield of pumpkin (squash and gourds) in the Philippines shrank modestly to X tons per ha in 2022, remaining relatively unchanged against 2021. Over the period under review, the yield showed a slight downturn. The most prominent rate of growth was recorded in 2013 with an increase of 2%. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the average 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 2022, the total area harvested in terms of pumpkin (squash and gourds) production in the Philippines shrank slightly to X ha, approximately equating the year before. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 1% against the previous year. Over the period under review, the harvested area dedicated to pumpkin production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Pumpkin Exports

Exports from the Philippines

In 2022, overseas shipments of pumpkin (squash and gourds) decreased by -65.4% to X tons, falling for the third year in a row after three years of growth. Overall, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 205%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, pumpkin exports dropped notably to $X in 2022. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 14%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for pumpkin exports from the Philippines, accounting for a 93% share of total exports. Moreover, pumpkin exports to Hong Kong SAR exceeded the volume sent to the second major destination, Kuwait (X kg), more than tenfold.

From 2017 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+58.0% per year) and Saudi Arabia (-15.5% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for pumpkin (squash and gourds) exports from the Philippines, comprising 93% of total exports. The second position in the ranking was held by Kuwait ($X), with a 4% share of total exports.

From 2017 to 2022, the average annual growth rate of value to Hong Kong SAR totaled +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+88.4% per year) and Saudi Arabia (+7.8% per year).

Export Prices by Country

In 2022, the average pumpkin export price amounted to $X per ton, rising by 15% against the previous year. In general, the export price, however, saw a abrupt decrease. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Pumpkin Imports

Imports into the Philippines

In 2019, approx. X tons of pumpkin (squash and gourds) were imported into the Philippines; picking up by 255% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2018 when imports increased by 2,164% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, pumpkin imports surged to $X in 2019. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 909% against the previous year. Imports peaked in 2019 and are likely to see steady growth in years to come.

Imports by Country

Brazil (X tons) and South Korea (X tons) were the main suppliers of pumpkin imports to the Philippines.

From 2017 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +888.7%).

In value terms, the largest pumpkin suppliers to the Philippines were South Korea ($X) and Brazil ($X).

In terms of the main suppliers, South Korea, with a CAGR of +343.4%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average pumpkin import price stood at $X per ton in 2019, declining by -59.8% against the previous year. Over the period under review, the import price saw a sharp decline. The pace of growth was the most pronounced in 2018 a decrease of -55.4%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Brazil amounted to $X per ton.

From 2017 to 2019, the most notable rate of growth in terms of prices was attained by Thailand (-8.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :