Pumpkin Market Overview in Bhutan
In value terms, pumpkin production surged to $ in 2019 estimated in export prices. In general, the total production indicated a moderate increase from 2012 to 2019: its value decreased at an average annual rate of -% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of % year-to-year. As a result, production attained the peak level of $. From 2014 to 2019, production growth remained at a somewhat lower figure.
In 2019, the average yield of pumpkin (squash and gourds) in Bhutan totaled tonnes per ha, remaining constant against 2018. Overall, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by % against the previous year. Over the period under review, the average pumpkin yield reached the peak level in 2019 and is expected to retain 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, the harvested area of pumpkin (squash and gourds) in Bhutan surged to ha, with an increase of % against 2018 figures. Overall, the harvested area, however, saw a perceptible reduction. 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 Bhutan surged to $ in 2019, picking up 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). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.