Hong Kong SAR, China - Pumpkin (Squash And Gourds) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPumpkin Price in Hong Kong SAR - 2023
Contents:
- Pumpkin Price in Hong Kong SAR (CIF) - 2023
- Pumpkin Price in Hong Kong SAR (FOB) - 2022
- Pumpkin Imports in Hong Kong SAR
- Pumpkin Exports in Hong Kong SAR
Pumpkin Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average pumpkin import price amounted to $2,423 per ton, rising by 27% against the previous month. In general, import price indicated modest growth from October 2022 to September 2023: its price increased at an average monthly rate of +1.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, pumpkin import price increased by +97.1% against July 2023 indices. The most prominent rate of growth was recorded in August 2023 an increase of 55% against the previous month. Over the period under review, average import prices attained the peak figure at $3,189 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($5,427 per ton), while the price for China ($253 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumpkin Price in Hong Kong SAR (FOB) - 2022
In 2022, the average pumpkin export price amounted to $1,848 per ton, growing by 74% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 498%. The export price peaked at $3,661 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($2,928 per ton), while the average price for exports to China stood at $896 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (-1.2%), while the prices for the other major destinations experienced a decline.
Pumpkin Imports in Hong Kong SAR
In 2022, purchases abroad of pumpkin (squash and gourds) was finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt contraction.
In value terms, pumpkin imports amounted to $4.1M in 2022. In general, imports, however, saw a abrupt contraction.
| Import of Pumpkin in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4,153 | 3,198 | 2,462 | 2,760 | -12.7% |
| South Korea | 281 | 291 | 375 | 292 | 1.3% |
| China | 41.0 | 66.6 | 80.7 | 287 | 91.3% |
| Australia | 265 | 397 | 225 | 258 | -0.9% |
| Mexico | 279 | 247 | 125 | 184 | -13.0% |
| New Zealand | 1,173 | 405 | 282 | 143 | -50.4% |
| Thailand | 53.9 | 110 | 52.0 | 59.1 | 3.1% |
| Others | 142 | 87.8 | 65.4 | 97.7 | -11.7% |
| Total | 6,388 | 4,804 | 3,667 | 4,082 | -13.9% |
Top Suppliers of Pumpkin to Hong Kong SAR in 2022:
- Japan (1215.2 tons)
- Mexico (177.4 tons)
- New Zealand (152.8 tons)
- China (135.9 tons)
- South Korea (107.3 tons)
- Australia (92.1 tons)
- Thailand (38.1 tons)
Pumpkin Exports in Hong Kong SAR
In 2022, exports of pumpkin (squash and gourds) from Hong Kong SAR declined sharply to 49 tons, which is down by -72.5% on 2021. Over the period under review, exports saw a significant decline. The smallest decline of -52.3% was in 2021.
In value terms, pumpkin exports dropped dramatically to $91K in 2022. Overall, exports recorded a sharp decline. The smallest decline of -48.9% was in 2021.
| Export of Pumpkin in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 59.7 | 54.9 | 72.6 | 67.7 | 4.3% |
| China | 1,027 | 318 | 118 | 23.5 | -71.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,086 | 373 | 191 | 91.3 | -56.2% |
Top Export Markets for Pumpkin from Hong Kong SAR in 2022:
- China (26.3 tons)
- Macao SAR (23.1 tons)
This report provides an in-depth analysis of the pumpkin market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 394 - Pumpkins, squash and gourds
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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