Argentina - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Carrot and Turnip Price in Argentina - 2023

Contents:

  1. Carrot and Turnip Price in Argentina (CIF) - 2022
  2. Carrot and Turnip Price in Argentina (FOB) - 2022
  3. Carrot and Turnip Imports in Argentina
  4. Carrot and Turnip Exports in Argentina

Carrot and Turnip Price in Argentina (CIF) - 2022

The average carrot and turnip import price stood at $483 per ton in 2022, picking up by 24% against the previous year. Overall, import price indicated a buoyant increase from 2016 to 2022: its price increased at an average annual rate of +5.7% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carrot and turnip import price increased by +97.5% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($493 per ton), while the price for Brazil totaled $472 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.9%).

Carrot and Turnip Price in Argentina (FOB) - 2022

In 2022, the average carrot and turnip export price amounted to $119 per ton, with an increase of 50% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. Over the period under review, the average export prices hit record highs at $267 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($337 per ton), while the average price for exports to Paraguay amounted to $109 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Carrot and Turnip Imports in Argentina

In 2022, carrot and turnip imports into Argentina soared to 760 tons, picking up by 15% against the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,815%. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, carrot and turnip imports soared to $367K in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,547%. As a result, imports reached the peak of $4.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Carrot and Turnip in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/A378N/A195-28.2%
Brazil1044,47025717218.3%
OthersN/AN/AN/AN/A0%
Total1044,84825736752.2%

Top Suppliers of Carrot and Turnip to Argentina in 2022:

  1. Chile (396.0 tons)
  2. Brazil (364.0 tons)

Carrot and Turnip Exports in Argentina

Carrot and turnip exports from Argentina surged to 3.1K tons in 2022, picking up by 213% against the previous year. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,668%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, carrot and turnip exports skyrocketed to $365K in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,916%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Carrot and Turnip in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1003.978.031847.1%
Chile31.2N/AN/A47.114.7%
OthersN/AN/AN/AN/A0%
Total1313.978.036540.7%

Top Export Markets for Carrot and Turnip from Argentina in 2022:

  1. Paraguay (2.9K tons)
  2. Chile (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carrot and turnip market in Argentina. 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 2030.

Product coverage:

  • FCL 426 - Carrot

Country coverage:

  • Argentina

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Argentina
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Which Country Eats the Most Carrot and Turnip in the World?
Feb 9, 2018
Eye 8318

Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Exports the Most Carrot and Turnip in the World?
Feb 1, 2018
Eye 4390

Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.

Which Country Imports the Most Carrots and Turnips in the World?
Jan 19, 2018
Eye 4986

Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level. 

Which Country Produces the Most Carrots and Turnips in the World?
Oct 17, 2017
Eye 5630

In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.

Carrot Market - the Netherlands’ Carrot and Turnip Exports Suffered 9% Drop in 2014
Sep 6, 2015
Eye 1799

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 X thousand tons of carrot and turnip totaling X million USD, X% under the previo

Which Country Eats the Most Carrot and Turnip in the World?
Feb 9, 2018
Eye 8318

Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.

Which Country Exports the Most Carrot and Turnip in the World?
Feb 1, 2018
Eye 4390

Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.

Which Country Imports the Most Carrots and Turnips in the World?
Jan 19, 2018
Eye 4986

Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level. 

Which Country Produces the Most Carrots and Turnips in the World?
Oct 17, 2017
Eye 5630

In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.

Carrot Market - the Netherlands’ Carrot and Turnip Exports Suffered 9% Drop in 2014
Sep 6, 2015
Eye 1799

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 X thousand tons of carrot and turnip totaling X million USD, X% under the previo

Free Data: Carrots And Turnips - Argentina