Saint Vincent and the Grenadines: Pumpkin Market 2020

Pumpkin Market Size in Saint Vincent and the Grenadines

The revenue of the pumpkin market in Saint Vincent and the Grenadines amounted to $X in 2018, reducing by -X% against the previous year. Overall, pumpkin consumption continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Saint Vincent and the Grenadines pumpkin consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Pumpkin Production in Saint Vincent and the Grenadines

In value terms, pumpkin production totaled $X in 2018 estimated in export prices. Over the period under review, pumpkin production continues to indicate an abrupt drop. The growth pace was the most rapid in 2011 when production volume increased by X% y-o-y. Saint Vincent and the Grenadines pumpkin production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Average yield of pumpkin (squash and gourds) in Saint Vincent and the Grenadines totaled X kg per X ha in 2018, waning by -X% against the previous year. In general, the pumpkin yield continues to indicate a slight drop. The pace of growth appeared the most rapid in 2013 when yield increased by X% against the previous year. In that year, the pumpkin yield attained its peak level of X kg per ha. From 2014 to 2018, the growth of the pumpkin 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.

In 2018, the total area harvested in terms of pumpkin (squash and gourds) production in Saint Vincent and the Grenadines stood at X ha, falling by -X% against the previous year. Overall, the pumpkin harvested area continues to indicate a drastic decrease. The pace of growth was the most pronounced in 2012 when harvested area decreased by -X% y-o-y. The global pumpkin harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area failed to regain its momentum.

Pumpkin Exports

Exports from Saint Vincent and the Grenadines

Pumpkin exports from Saint Vincent and the Grenadines amounted to X tons in 2018, growing by X% against the previous year. Over the period under review, pumpkin exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Saint Vincent and the Grenadines exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, pumpkin exports totaled $X in 2018. In general, pumpkin exports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, pumpkin exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, Mexico (X tons) and Spain (X tons) were the main exporters of pumpkin (squash and gourds)around the world, together resulting at approx. X% of total exports. It was distantly followed by New Zealand (X tons), comprising 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) followed a long way behind the leaders.

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 Saint Vincent and the Grenadines were Mexico ($X), Spain ($X) and Morocco ($X), with a combined X% share of total exports.

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

Export Prices by Country

The pumpkin export price in Saint Vincent and the Grenadines stood at $X per ton in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices for pumpkin (squash and gourds) reached their maximum in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 into Saint Vincent and the Grenadines

In 2018, the pumpkin imports into Saint Vincent and the Grenadines amounted to X kg, going up by X% against the previous year. Over the period under review, pumpkin imports continue to indicate an outstanding expansion. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. In that year, pumpkin imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, pumpkin imports totaled $X in 2018. Over the period under review, pumpkin imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, pumpkin imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. was the key importer of pumpkin (squash and gourds) in the world, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2018. It was distantly followed by France (X tons), Germany (X tons), the UK (X tons), Japan (X tons) and the Netherlands (X tons), together constituting a X% share of total imports. Canada (X tons), Russia (X tons), Singapore (X tons), Belgium (X tons) and Italy (X tons) occupied a minor share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. 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. From 2007 to 2018, the share of the U.S., Germany, France, the UK and Russia increased by +X%, +X%, +X%, +X% and +X% percentage points, while 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. ($X) constitutes the largest market for imported pumpkin (squash and gourds) into Saint Vincent and the Grenadines, comprising X% of global imports. The second position in the ranking was occupied by France ($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 Saint Vincent and the Grenadines amounted to $X per ton, going up by X% against the previous year. Overall, the import price indicated remarkable growth from 2007 to 2018: its price 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 import price increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. In that year, the import prices for pumpkin (squash and gourds) attained their peak level and is likely to continue its growth in the immediate term.

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