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

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

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Carrot and Turnip Price in Italy - 2023

Contents:

  1. Carrot and Turnip Price in Italy (FOB) - 2023
  2. Carrot and Turnip Price in Italy (CIF) - 2023
  3. Carrot and Turnip Exports in Italy
  4. Carrot and Turnip Imports in Italy

Carrot and Turnip Price in Italy (FOB) - 2023

In June 2023, the average carrot and turnip export price amounted to $1,173 per ton, with a decrease of -6.2% against the previous month. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in November 2022 an increase of 33% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,373 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Slovakia ($1,622 per ton), while the average price for exports to the UK ($666 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 Poland (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Carrot and Turnip Price in Italy (CIF) - 2023

In June 2023, the average carrot and turnip import price amounted to $791 per ton, declining by -4.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices attained the peak figure at $832 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 ($2,316 per ton), while the price for Egypt ($550 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 Greece (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Carrot and Turnip Exports in Italy

In 2022, overseas shipments of carrots and turnips decreased by -20.5% to 78K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports attained the peak of 107K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, carrot and turnip exports dropped sharply to $53M in 2022. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 6.5% against the previous year.

Export of Carrot and Turnip in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.728.031.424.2-3.2%
France8.29.49.45.1-14.6%
Czech Republic5.65.86.53.8-12.1%
Poland5.15.15.73.4-12.6%
United Kingdom3.86.64.72.6-11.9%
Croatia1.21.11.61.57.7%
Romania2.20.90.81.2-18.3%
Slovenia1.41.42.21.2-5.0%
Denmark5.24.13.81.1-40.4%
Slovakia2.12.02.01.1-19.4%
Hungary0.80.71.20.94.0%
Sweden1.41.61.60.8-17.0%
Latvia0.60.81.20.810.1%
Others8.810.37.45.0-17.2%
Total73.177.879.652.7-10.3%

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

  1. Germany (29.4K tons)
  2. Poland (8.8K tons)
  3. France (6.8K tons)
  4. Czech Republic (5.1K tons)
  5. United Kingdom (3.7K tons)
  6. Croatia (3.3K tons)
  7. Denmark (2.5K tons)
  8. Sweden (2.4K tons)
  9. Slovenia (2.0K tons)
  10. Romania (1.7K tons)
  11. Hungary (1.7K tons)
  12. Slovakia (1.6K tons)
  13. Latvia (1.3K tons)

Carrot and Turnip Imports in Italy

In 2022, purchases abroad of carrots and turnips was finally on the rise to reach 7.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a mild slump.

In value terms, carrot and turnip imports surged to $4.7M in 2022. In general, imports, however, saw a perceptible decrease.

Import of Carrot and Turnip in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8339151,0191,0227.1%
Belgium9576504981,0041.6%
Netherlands1,090465777851-7.9%
Spain753688678640-5.3%
Poland27918036754324.9%
France4012212434524.1%
Austria1571662071590.4%
Israel415502N/AN/A21.0%
Others34444.216.85.9-74.2%
Total5,2293,8303,8064,676-3.7%

Top Suppliers of Carrot and Turnip to Italy in 2022:

  1. Belgium (2651.9 tons)
  2. Poland (1498.6 tons)
  3. Germany (1380.6 tons)
  4. Spain (889.8 tons)
  5. France (693.3 tons)
  6. Netherlands (413.7 tons)
  7. Austria (118.6 tons)

Source: IndexBox Market Intelligence Platform

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

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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
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Event
Italy's Carrot and Turnip Export Plummets to $776K in September 2023
Dec 19, 2023
Eye 236

In March 2023, the growth rate was exceptionally high, experiencing a remarkable month-to-month increase of 142%. However, there was a significant decline in the value of carrot and turnip exports, plummeting to $776K in September 2023.

Which Country Eats the Most Carrot and Turnip in the World?
Feb 9, 2018
Eye 8312

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 4389

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 4983

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 5627

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 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

Italy's Carrot and Turnip Export Plummets to $776K in September 2023
Dec 19, 2023
Eye 236

In March 2023, the growth rate was exceptionally high, experiencing a remarkable month-to-month increase of 142%. However, there was a significant decline in the value of carrot and turnip exports, plummeting to $776K in September 2023.

Which Country Eats the Most Carrot and Turnip in the World?
Feb 9, 2018
Eye 8312

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 4389

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 4983

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

Free Data: Carrots And Turnips - Italy