U.S. Pumpkin & Carrot Price Trends: Seasonal Fluctuations & Stability

Abstract

Price trends for pumpkin and carrots in the United States vary widely by region and growing conditions. Data for 2023 shows pumpkin prices in the US at up to $161 USD/ton, but this is mostly in other states, with prices varying by region. Demand for pumpkins is highest during the autumn harvest season, and prices fluctuate seasonally, but in recent years prices have become increasingly unstable due to climate change and supply chain influences. On the other hand, carrot prices tend not to fluctuate as dramatically as pumpkin prices. Carrots can be stored for long periods of time, making it easy to maintain a stable supply and keeping prices relatively stable. However, this may be affected by transportation costs and the market supply and demand balance. Overall, in the U.S. vegetable market, pumpkins tend to be more volatile in price from season to season, while carrots tend to be more stable.

Average price (pumpkin)

The average annual price of pumpkins in the United States will see notable fluctuations from 2016 to 2023. Notably, the highest price of 233 USD/ton was recorded in other states in 2022, marking the market peak that year. However, by 2023, the price had fallen to 69.1% of its peak. Several factors influence this. One reason could be an oversupply of pumpkins. We are seeing typical market dynamics where historically high prices encourage production, resulting in increased supply and lower prices. Additionally, prices are also affected by climate change, fluctuations in transportation costs, or shifts in the supply and demand balance. Pumpkin prices fluctuate from season to season, with prices tending to drop especially during harvest season, but historical data shows prices can also fluctuate suddenly, so it’s important to keep an eye on market trends.

The maximum is 233usd/t[2022] of OTHER STATES, and the current value is about 69.1%

Average price (Pumpkin, latest year)

The average annual price of pumpkins in the United States in 2023 reached 161 usd/ton, the highest among other states. This price is 100% higher than the 2023 peak, making it a very high price. There are several factors that could be behind why pumpkin prices have reached such a peak. First, there may have been fluctuations in pumpkin production and supply and demand balance in 2023. A lack of supply or increased demand is likely what has pushed up prices. Weather conditions and logistical issues are also factors that affect prices. Pumpkins are a seasonal crop and prices are prone to fluctuations during harvest season, but the 2023 data shows one example of that volatility, a year of high prices. Overall, prices in 2023 will be higher than usual, reflecting the unique circumstances of the pumpkin market.

The maximum is 161usd/t of OTHER STATES, the average is 96.5usd/t, and the total is 290usd/t

Average price (carrots)

The average annual price of carrots in the United States in 1997 was highest in the other states at $181/ton, but the overall average was $159/ton, for a total price of $692/ton. Several market trends and characteristics emerge from this data. First, prices in other states are the highest, indicating that regional price differences exist. This price difference is due to each state’s production conditions, supply chain efficiency, and local demand. Overall, carrot prices were relatively high in 1997, suggesting that supply was tight relative to demand. In particular, the high total price of $692/ton may have been due to a market-wide supply shortage, rising production costs, or logistical issues. Additionally, because carrots can be stored for long periods, their price tends to fluctuate relatively little, but this year was notable for exceptionally high prices. Overall, the 1997 data indicate price stability in the carrot market, with notable regional price differences.

The maximum is 181usd/t[2022] of OTHER STATES, and the current value is about 87.8%

Average price (carrots, latest year)

Carrot price data for the United States in 2023 shows that the overall maximum and average prices are both $159/ton, for a total price of $318/ton. Several characteristics and trends emerge from this data. First, the maximum and average values ​​are both the same, 159 USD/ton, which shows that prices were very uniform. This suggests that the balance between supply and demand was relatively stable, reflecting the stability of the carrot market. With a total price of $318/ton, the overall market size and distribution conditions may have also remained stable. Carrots typically have little price fluctuation due to their long shelf life, but the 2023 data highlights their stability. This suggests that factors affecting prices, such as climatic conditions, production costs, and logistics efficiency, were relatively stable. Overall, the carrot market in 2023 showed stable prices and a good balance between supply and demand.

The maximum is 159usd/t of US TOTAL, the average is 159usd/t, and the total is 318usd/t

Main data

Reference