Pumpkin Price in UK Increases 4% to $1,274 per Ton
United Kingdom Pumpkin Import Price in January 2023
In January 2023, the pumpkin price stood at $1,274 per ton (CIF, United Kingdom), increasing by 3.9% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 33% month-to-month. The import price peaked at $1,375 per ton in January 2022; however, from February 2022 to January 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,701 per ton), while the price for Greece ($635 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Portugal (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
United Kingdom Pumpkin Imports
In January 2023, approximately 8.5K tons of pumpkin (squash and gourds) were imported into the UK; jumping by 21% on the previous month. Over the period under review, imports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in September 2022 with an increase of 57% month-to-month.
In value terms, pumpkin imports surged to $11M (IndexBox estimates) in January 2023. Overall, imports, however, continue to indicate a mild setback. The pace of growth appeared the most rapid in October 2022 with an increase of 105% month-to-month.
United Kingdom Pumpkin Imports by Country
In January 2023, Spain (5.1K tons) constituted the largest pumpkin supplier to the UK, with a 60% share of total imports. Moreover, pumpkin imports from Spain exceeded the figures recorded by the second-largest supplier, Portugal (1.4K tons), fourfold. Morocco (1.1K tons) ranked third in terms of total imports with a 13% share.
From January 2022 to January 2023, the average monthly rate of growth in terms of volume from Spain stood at -1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Portugal (+1.9% per month) and Morocco (-1.1% per month).
In value terms, Spain ($7.1M) constituted the largest supplier of pumpkin to the UK, comprising 66% of total imports. The second position in the ranking was taken by Morocco ($1.4M), with a 13% share of total imports. It was followed by Portugal, with a 9.1% share.
From January 2022 to January 2023, the average monthly growth rate of value from Spain amounted to -2.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Morocco (-1.2% per month) and Portugal (+3.3% per month).
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