Pumpkin Market Overview in the USA
In value terms, pumpkin production fell to $ in 2019. Overall, production recorded a perceptible shrinkage. The growth pace was the most rapid in 2016 when the production volume increased by % y-o-y. 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 the U.S. amounted to tonnes per ha, stabilizing at 2018 figures. The yield figure increased at an average annual rate of +% over the period from 2012 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the yield increased by % against the previous year. Over the period under review, the average pumpkin yield reached the maximum 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, approx. ha of pumpkin (squash and gourds) were harvested in the U.S.; waning by -% against the previous year. In general, the harvested area showed a deep slump. The most prominent rate of growth was recorded in 2014 when the harvested area decreased by -% y-o-y. Over the period under review, the harvested area dedicated to pumpkin production attained the peak figure at ha in 2012; however, from 2013 to 2019, the harvested area stood at a somewhat lower figure.
The revenue of the pumpkin market in the U.S. totaled $ in 2019, with an increase of % 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 showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Over the period under review, the market attained the maximum level at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.