Canada - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarrot and Turnip Price in Canada - 2023
Contents:
- Carrot and Turnip Price in Canada (CIF) - 2023
- Carrot and Turnip Price in Canada (FOB) - 2023
- Carrot and Turnip Imports in Canada
- Carrot and Turnip Exports in Canada
Carrot and Turnip Price in Canada (CIF) - 2023
The average carrot and turnip import price stood at $1,026 per ton in June 2023, therefore, remained relatively stable against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 26% m-o-m. Over the period under review, average import prices reached the maximum at $1,819 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Guatemala ($3,996 per ton), while the price for China ($567 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Carrot and Turnip Price in Canada (FOB) - 2023
The average carrot and turnip export price stood at $1,265 per ton in June 2023, with an increase of 53% against the previous month. In general, export price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, carrot and turnip export price increased by +81.8% against April 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +2.4% per month.
Carrot and Turnip Imports in Canada
In 2022, carrot and turnip imports into Canada fell to 101K tons, which is down by -10.1% against the year before. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.6% against the previous year.
In value terms, carrot and turnip imports rose slightly to $120M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carrot and Turnip in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 93.2 | 92.5 | 92.5 | 95.3 | 0.7% |
| Guatemala | 5.5 | 6.2 | 6.5 | 7.9 | 12.8% |
| Mexico | 7.7 | 8.2 | 7.1 | 7.7 | 0.0% |
| China | 4.7 | 4.7 | 5.9 | 6.3 | 10.3% |
| Israel | 2.4 | 1.5 | 2.3 | 2.0 | -5.9% |
| Others | 0.8 | 0.8 | 1.1 | 1.0 | 7.7% |
| Total | 114 | 114 | 115 | 120 | 1.7% |
Top Suppliers of Carrot and Turnip to Canada in 2022:
- United States (78.8K tons)
- Mexico (10.5K tons)
- China (7.1K tons)
- Israel (2.3K tons)
- Guatemala (1.8K tons)
Carrot and Turnip Exports in Canada
Carrot and turnip exports from Canada rose sharply to 99K tons in 2022, surging by 5.8% compared with the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 8.3% against the previous year.
In value terms, carrot and turnip exports surged to $66M in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carrot and Turnip in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.7 | 50.2 | 56.4 | 65.6 | 6.2% |
| Others | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Total | 54.8 | 50.2 | 56.4 | 65.9 | 6.3% |
Top Export Markets for Carrot and Turnip from Canada in 2022:
- United States (98.3K tons)
This report provides an in-depth analysis of the carrot and turnip market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the carrot and turnip market in Canada.
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This report provides an in-depth analysis of the global carrot and turnip market.
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This report provides an in-depth analysis of the carrot and turnip market in Canada.
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This report provides an in-depth analysis of the global carrot and turnip market.
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Imports reached a peak of 121K tons in 2013 but failed to regain momentum from 2014 to 2023. Carrot and turnip imports saw a modest increase in value to $124M in 2023.
8313
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4389
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4983
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5628
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.
1797
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
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Imports reached a peak of 121K tons in 2013 but failed to regain momentum from 2014 to 2023. Carrot and turnip imports saw a modest increase in value to $124M in 2023.
8313
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4389
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4983
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
