Report Update: May 1, 2024

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

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Carrot and Turnip Price in Croatia - 2023

Carrot and Turnip Price in Croatia (CIF) - 2023

The average carrot and turnip import price stood at $996 per ton in June 2023, declining by -2.3% against the previous month. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 33% m-o-m. The import price peaked at $1,019 per ton in May 2023, and then contracted slightly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($15,756 per ton), while the price for Egypt ($521 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 Netherlands (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Carrot and Turnip Price in Croatia (FOB) - 2023

In June 2023, the average carrot and turnip export price amounted to $1,087 per ton, reducing by -10.1% against the previous month. Over the period under review, the export price, however, showed a strong increase. The growth pace was the most rapid in April 2023 an increase of 46% m-o-m. Over the period under review, the average export prices attained the maximum at $1,209 per ton in May 2023, and then dropped in the following month.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Slovenia ($1,203 per ton), while the average price for exports to Serbia ($593 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Carrot and Turnip Imports in Croatia

For the fourth year in a row, Croatia recorded growth in overseas purchases of carrots and turnips, which increased by 18% to 15K tons in 2022. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; 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 expanded slightly to $6.2M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Carrot and Turnip in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	679	441	991	1,636	34.1%
Italy	1,353	1,007	1,295	1,386	0.8%
Netherlands	1,128	726	666	1,031	-3.0%
Serbia	1,318	1,195	720	878	-12.7%
Germany	520	683	752	566	2.9%
Slovenia	132	706	1,017	223	19.1%
Spain	155	33.4	144	188	6.6%
Belgium	N/A	9.5	33.3	87.8	204.0%
Greece	128	75.3	238	17.2	-48.8%
Others	67.2	35.5	211	154	31.8%
Total	5,480	4,912	6,069	6,166	4.0%

Top Suppliers of Carrot and Turnip to Croatia in 2022:

Greece (undefinedK tons)
Austria (4.9K tons)
Italy (3.1K tons)
Netherlands (2.7K tons)
Serbia (2.3K tons)
Germany (0.5K tons)
Slovenia (0.3K tons)
Belgium (0.3K tons)
Spain (0.3K tons)

Carrot and Turnip Exports in Croatia

In 2022, overseas shipments of carrots and turnips decreased by -28.6% to 628 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 145% against the previous year. As a result, the exports attained the peak of 1.1K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, carrot and turnip exports contracted notably to $428K in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 122% against the previous year. As a result, the exports attained the peak of $618K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Carrot and Turnip in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	235	495	562	385	17.9%
Bosnia and Herzegovina	2.2	N/A	32.2	23.6	120.5%
Poland	N/A	N/A	N/A	9.9	0%
Hungary	0.2	66.3	0.1	N/A	-29.3%
Italy	32.2	53.8	N/A	N/A	67.1%
Others	8.8	3.3	12.1	9.1	1.1%
Total	278	618	606	428	15.5%

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

Hungary (undefined tons)
Slovenia (554.1 tons)
Bosnia and Herzegovina (44.0 tons)
Poland (14.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carrot and turnip market in Croatia. 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:

Croatia

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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 the Professional Edition PRO
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
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