Carrot Market - The Netherlands’ Carrot and Turnip Exports Suffered 9% Drop in 2014

Vegetables And Melons September 06, 2015
Author: Alexander Romanenko
Chief Executive Officer

carrot market

Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported 503 thousand tonnes of carrot and turnip totaling 193 million USD, 9% under the previous year. Its primary trading partner on the global carrot market was Germany, where it supplied essentially all (95%) of its total carrot and turnip exports in value terms, accounting for the lion's share of Germany's total imports.

From 2007 to 2014, the Netherlands was a net exporter of carrot and turnip. Over this period, exports consistently exceeded imports in value terms. In physical terms this difference was even more pronounced.

China and the U.S. were among the other main global suppliers of carrot and turnip in 2014. China was also one of the fastest growing exporters from 2007 to 2014 (+12% per year), and, by virtue of this sustained growth, significantly strengthened its position in the global export structure.

The Netherlands' top 5 trading partners in 2014 were Germany, Belgium, the Czech Republic, Romania and the Russian Federation, with a combined 84% share of the Netherlands' carrot and turnip exports. The share of the Czech Republic increased (+7 percentage points), while the share of Belgium illustrated negative dynamics (-10 percentage points).

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Source: World: Carrot And Turnip - Market Report. Analysis And Forecast To 2020