Jun 11, 2019

Middle East - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights

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Carrot And Turnip Market in the Middle East - Key Insights

IndexBox has just published a new report, the Middle East - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the carrot and turnip market in Middle East amounted to $504M in 2017, going up by 1.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.5% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2012, when the market value increased by 7.4% y-o-y. The level of carrot and turnip consumption peaked in 2017, and is expected to retain its growth in the near future.

Carrot And Turnip Production in the Middle East

In value terms, carrot and turnip production totaled $467M in 2017 estimated in average export prices coutry-wise. The total output value increased at an average annual rate of +3.5% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009, with an increase of 35% y-o-y. The level of carrot and turnip production peaked at $479M in 2010; however, from 2011 to 2017, production stood at a somewhat lower figure.

The countries with the highest volumes of carrot and turnip production in 2017 were Turkey (571K tonnes), Iran (334K tonnes) and Israel (255K tonnes), with a combined 85% share of total production. These countries were followed by Saudi Arabia, Iraq, the United Arab Emirates and Jordan, which together accounted for a further 11%.

From 2007 to 2017, the most notable rate of growth in terms of carrot and turnip production, amongst the main producing countries, was attained by the United Arab Emirates (+11.9% per year), while the other leaders experienced more modest paces of growth.

In 2017, average yield of carrots and turnips in Middle East amounted to 36 tonne per ha, leveling off at the previous year. The carrot and turnip yield continues to indicate a relatively flat trend pattern. 

The carrot and turnip harvested area totaled 38K ha in 2017, waning by -3% against the previous year. Despite this, the trend pattern of the harvested area remains relatively stable over the last decade.

Carrot And Turnip Exports
Exports in the Middle East

In 2017, approx. 234K tonnes of carrots and turnips were exported in Middle East; declining by -16.1% against the previous year. The carrot and turnip exports continue to indicate a relatively flat trend pattern. 

In value terms, carrot and turnip exports totaled $72M (IndexBox estimates) in 2017. The total exports indicated a very slight increase from 2007 to 2017: its value increased at an average annual rate of +0.6% over the last decade. Over the period under review, carrot and turnip exports reached their peak figure at $106M in 2013; however, from 2014 to 2017, exports failed to regain their momentum.

Exports by Country

In 2017, Israel (144K tonnes) represented the major exporter for carrots and turnips, making up 62% of total exports. It was distantly followed by Turkey (62K tonnes), generating 26% share of total exports. The following exporters - Syrian Arab Republic (7.1K tonnes), Oman (6.7K tonnes) and Saudi Arabia (5.9K tonnes) each finished at a 8.4% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to carrot and turnip exports from Israel stood at +7.1%. At the same time, Oman (+15.4%) and Turkey (+3.1%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing exporter in the Middle East over the last decade. Saudi Arabia, meanwhile,  experienced a relatively flat trend pattern. By contrast, Syrian Arab Republic (-21.9%) illustrated a downward trend over the same period. While the share of Syrian Arab Republic (33%) increased significantly in terms of the total exports from 2007-2017, the share of Oman (-2.2%), Turkey (-6.9%) and Israel (-30.6%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

Export Prices by Country

The carrot and turnip export price in Middle East stood at $307 per tonne in 2017, declining by -5.4% against the previous year. The export price indicated a moderate expansion from 2007 to 2017: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The price declined noticeably over the last four years - based on 2017 figures, the carrot and turnip export price decreased by -33.6% against 2014 indices.

Export prices varied noticeably by the country of destination; the country with the highest export price was Syrian Arab Republic ($761 per tonne), while Turkey ($149 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Syrian Arab Republic (+15.0% per year), while the other leaders experienced more modest paces of growth.

Carrot And Turnip Imports
Imports in the Middle East

In 2017, the amount of carrots and turnips imported in Middle East stood at 238K tonnes, lowering by -5.2% against the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2007 to 2017.

In value terms, carrot and turnip imports stood at $107M (IndexBox estimates) in 2017. The carrot and turnip imports continue to indicate a prominent increase. The level of imports peaked at $130M in 2016, and then declined slightly in the following year.

Imports by Country

The United Arab Emirates was the major importer of carrots and turnips in Middle East, with the volume of imports finishing at 93K tonnes, which was near 39% of total imports in 2017. It was distantly followed by Saudi Arabia (41K tonnes), Kuwait (21K tonnes), Lebanon (21K tonnes), Qatar (13K tonnes) and Iraq (13K tonnes), together committing 46% share of total imports. Jordan (10K tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to carrot and turnip imports into the United Arab Emirates stood at +7.8%. At the same time, Saudi Arabia (+13.5%), Kuwait (+6.4%), Qatar (+6.3%), Lebanon (+4.5%) and Jordan (+3.6%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer in Middle East, with a CAGR of +13.5% from 2007-2017. By contrast, Iraq (-13.7%) illustrated a downward trend of imports over the same period.

In value terms, the United Arab Emirates ($47M) constitutes the largest market for imported carrots and turnips in Middle East, comprising 44% of global imports. The second position in the ranking was occupied by Saudi Arabia ($16M), with a 15% share of global imports. It was followed by Kuwait, with a 10% share.

Import Prices by Country

In 2017, the carrot and turnip import price in Middle East amounted to $452 per tonne, dropping by -12.9% against the previous year. The import price indicated a measured growth from 2007 to 2017: its price increased at an average annual rate of +2.9% over the last decade. 

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Qatar ($601 per tonne), while Iraq ($161 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (+5.2% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:

FCL 426 - Carrot.


This report provides an in-depth analysis of the carrot and turnip market in the Middle East. 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 2025.


Country coverage:
• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• State of Palestine
• Qatar
• Saudi Arabia
• Syria
• Turkey
• United Arab Emirates
• Yemen.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Production in the Middle East, split by region and country;

• Trade (exports and imports) in the Middle East;

• 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


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2017
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2017
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for Professional Edition PRO
• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2017
Table 2:
Market Volume, In Physical Terms, 2007–2017
Table 3:
Market Value, 2007–2017
Table 4:
Per Capita Consumption, By Country, 2015-2017
Table 5:
Production, In Physical Terms, By Country, 2007–2017
Table 6:
Harvested Area, By Country, 2007-2017
Table 7:
Yield, By Country, 2007-2017
Table 8:
Imports, In Physical Terms, By Country, 2007–2017
Table 9:
Imports, In Value Terms, By Country, 2007–2017
Table 10:
Import Prices, By Country Of Destination, 2007–2017
Table 11:
Exports, In Physical Terms, By Country, 2007–2017
Table 12:
Exports, In Value Terms, By Country, 2007–2017
Table 13:
Export Prices, By Country Of Origin, 2007–2017
Table 14:
Producer Prices, By Major Producing Country, 2017
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2017
Figure 2:
Market Value, 2007–2017
Figure 3:
Consumption, By Country, 2017
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2017
Figure 18:
Production, In Value Terms, 2007–2017
Figure 19:
Area Harvested, 2007–2017
Figure 20:
Yield, 2007–2017
Figure 21:
Production, By Country, 2017
Figure 22:
Production, In Physical Terms, By Country, 2007–2017
Figure 23:
Harvested Area, By Country, 2017
Figure 24:
Harvested Area, By Country, 2007-2017
Figure 25:
Yield, By Country, 2007-2017
Figure 26:
Imports, In Physical Terms, 2007–2017
Figure 27:
Imports, In Value Terms, 2007–2017
Figure 28:
Imports, In Physical Terms, By Country, 2017
Figure 29:
Imports, In Physical Terms, By Country, 2007–2017
Figure 30:
Imports, In Value Terms, By Country, 2007–2017
Figure 31:
Import Prices, By Country, 2007–2017
Figure 32:
Exports, In Physical Terms, 2007–2017
Figure 33:
Exports, In Value Terms, 2007–2017
Figure 34:
Exports, In Physical Terms, By Country, 2017
Figure 35:
Exports, In Physical Terms, By Country, 2007–2017
Figure 36:
Exports, In Value Terms, By Country, 2007–2017
Figure 37:
Export Prices, 2007–2017
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