Mexico: Pumpkin Market 2024

Pumpkin Market Size in Mexico

The Mexican pumpkin market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, showed a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pumpkin Production in Mexico

In value terms, pumpkin production reached $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Pumpkin production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of pumpkin (squash and gourds) in Mexico shrank modestly to X tons per ha, reducing by X% on 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2020 to 2022, the growth of the average pumpkin yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The pumpkin harvested area in Mexico was estimated at X ha in 2022, therefore, remained relatively stable against 2021 figures. In general, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to pumpkin production attained the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Pumpkin Exports

Exports from Mexico

After four years of growth, shipments abroad of pumpkin (squash and gourds) decreased by X% to X tons in 2022. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, pumpkin exports surged to $X in 2022. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for pumpkin exports from Mexico, accounting for a X% share of total exports. Moreover, pumpkin exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) remains the key foreign market for pumpkin (squash and gourds) exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

The average pumpkin export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Pumpkin Imports

Imports into Mexico

For the third year in a row, Mexico recorded growth in purchases abroad of pumpkin (squash and gourds), which increased by X% to X tons in 2022. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, pumpkin imports skyrocketed to $X in 2022. Over the period under review, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main pumpkin supplier to Mexico, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of pumpkin (squash and gourds) to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%.

Import Prices by Country

The average pumpkin import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price saw a strong increase. The import price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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