Eastern Europe: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Eastern Europe

In 2023, after three years of decline, there was significant growth in the East European carrot and turnip market, when its value increased by X% to $X. Overall, consumption, however, showed a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Carrot And Turnip Production in Eastern Europe

In value terms, carrot and turnip production declined slightly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

The countries with the highest volumes of production in 2023 were Russia (X tons), Ukraine (X tons) and Poland (X tons), together accounting for X% of total production. Belarus, Romania and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Belarus (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

In 2023, the average yield of carrots and turnips in Eastern Europe dropped slightly to X tons per ha, almost unchanged from the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the yield increased by X%. Over the period under review, the carrot and turnip yield reached the maximum level at X tons per ha in 2022, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of carrots and turnips production in Eastern Europe rose to X ha, growing by X% compared with the year before. In general, the harvested area, however, recorded a perceptible descent. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports in Eastern Europe

In 2023, overseas shipments of carrots and turnips increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports saw a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is likely to see gradual growth in years to come.

In value terms, carrot and turnip exports soared to $X in 2023. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

Belarus was the key exporter of carrots and turnips in Eastern Europe, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Russia (X%). Lithuania (X tons), Moldova (X tons), Slovakia (X tons), Hungary (X tons) and the Czech Republic (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to carrot and turnip exports from Belarus stood at X%. At the same time, Moldova (X%), Russia (X%), Slovakia (X%), Poland (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Lithuania (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Belarus (X p.p.), Russia (X p.p.) and Moldova (X p.p.) significantly strengthened its position in terms of the total exports, while Poland, the Czech Republic and Lithuania saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest carrot and turnip supplying countries in Eastern Europe were Belarus ($X), Poland ($X) and Lithuania ($X), together accounting for X% of total exports. The Czech Republic, Hungary, Slovakia, Moldova and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Moldova, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Carrot And Turnip Imports

Imports in Eastern Europe

In 2023, approx. X tons of carrots and turnips were imported in Eastern Europe; with an increase of X% on 2022. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carrot and turnip imports skyrocketed to $X in 2023. Total imports indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia was the largest importing country with an import of about X tons, which resulted at X% of total imports. Poland (X tons) took the second position in the ranking, distantly followed by the Czech Republic (X tons), Romania (X tons) and Ukraine (X tons). All these countries together took near X% share of total imports. Bulgaria (X tons), Slovakia (X tons) and Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carrot and turnip importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), together comprising X% of total imports. The Czech Republic, Ukraine, Slovakia, Latvia and Bulgaria lagged somewhat behind, together accounting for a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Import price indicated mild growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, carrot and turnip import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Latvia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform