Pumpkin Market Overview in Sri Lanka
In value terms, pumpkin production dropped rapidly to $ in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of % against the previous year. Pumpkin production peaked at $ in 2014; however, from 2015 to 2019, production remained at a lower figure.
In 2019, the average yield of pumpkin (squash and gourds) in Sri Lanka rose slightly to tonnes per ha, picking up by % compared with the year before. The yield figure increased at an average annual rate of +% from 2012 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of % year-to-year. Over the period under review, the average pumpkin yield hit record highs in 2019 and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of pumpkin (squash and gourds) were harvested in Sri Lanka; remaining stable against the year before. Over the period under review, the harvested area saw a noticeable decline. The pace of growth was the most pronounced in 2018 with an increase of % year-to-year. The pumpkin harvested area peaked at ha in 2013; however, from 2014 to 2019, the harvested area stood at a somewhat lower figure.
The size of the pumpkin market in Sri Lanka declined remarkably to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of % y-o-y. Pumpkin consumption peaked at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.