Pumpkin Market Overview in Albania
In value terms, pumpkin production rose sharply to $ in 2019 estimated in export prices. In general, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Pumpkin production peaked in 2019 and is likely to continue growth in years to come.
The average yield of pumpkin (squash and gourds) in Albania stood at tonnes per ha in 2019, with an increase of % against the year before. The yield figure increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of % y-o-y. The pumpkin yield peaked in 2019 and is expected to retain growth in years to come. 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 Albania totaled ha in 2019, surging by % compared with the year before. Overall, the harvested area saw a strong increase. The pace of growth appeared the most rapid in 2009 with an increase of % y-o-y. Over the period under review, the harvested area dedicated to pumpkin production reached the peak figure in 2019 and is expected to retain growth in the immediate term.
The revenue of the pumpkin market in Albania rose sharply 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). Over the period under review, consumption continues to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when the market value increased by % y-o-y. Pumpkin consumption peaked in 2019 and is expected to retain growth in the near future.