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Australia - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Carrot And Turnip Market Overview 2021

Carrot And Turnip Market Size in Australia

In 2020, the Australian carrot and turnip market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2013 to 2020, the growth of the market failed to regain the momentum.

Carrot And Turnip Production in Australia

In value terms, carrot and turnip production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2013 to 2020, production growth failed to regain the momentum.

In 2020, the average yield of carrots and turnips in Australia rose modestly to X tonnes per ha, growing by X% on the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The carrot and turnip yield peaked in 2020 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of carrots and turnips production in Australia contracted slightly to X ha, standing approx. at the previous year's figure. Over the period under review, the harvested area saw a slight contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to carrot and turnip production reached the maximum at X ha in 2017; however, from 2018 to 2020, the harvested area remained at a lower figure.

Carrot And Turnip Exports

Exports from Australia

Carrot and turnip exports from Australia was estimated at X tonnes in 2020, increasing by X% against the year before. In general, total exports indicated noticeable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, carrot and turnip exports rose significantly to $X in 2020. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tonnes), Saudi Arabia (X tonnes) and Malaysia (X tonnes) were the main destinations of carrot and turnip exports from Australia, together accounting for X% of total exports. These countries were followed by Singapore, Qatar, Kuwait and Hong Kong SAR, which together accounted for a further X 2007 to 2020, the biggest increases were in Qatar, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carrot and turnip exported from Australia were the United Arab Emirates ($X), Saudi Arabia ($X) and Malaysia ($X), together accounting for X% of total exports. These countries were followed by Singapore, Qatar, Hong Kong SAR and Kuwait, which together accounted for a further X recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2020, the highest prices were recorded for prices to Hong Kong SAR ($X per tonne) and Singapore ($X per tonne), while the average price for exports to Kuwait ($X per tonne) and Qatar ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Australia

In 2020, overseas purchases of carrots and turnips decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, carrot and turnip imports dropped notably to $X in 2020. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

The UK (X tonnes) and New Zealand (X tonnes) were the main suppliers of carrot and turnip imports to Australia.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK.

In value terms, the UK ($X) constituted the largest supplier of carrot and turnip to Australia, comprising X% of total imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the UK was relatively modest.

Import Prices by Country

In 2020, the average carrot and turnip import price amounted to $X per tonne, rising by X% against the previous year. In general, import price indicated a tangible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, carrot and turnip import price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for New Zealand totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carrots and turnips in the world?
+
China (22M tonnes) constituted the country with the largest volume of carrot and turnip consumption, accounting for 47% of total volume. Moreover, carrot and turnip consumption in China exceeded the figures recorded by the second-largest consumer, Uzbekistan (3M tonnes), sevenfold. The third position in this ranking was occupied by Russia (1.7M tonnes), with a 3.6% share.
What are the largest producers of carrots and turnips in the world?
+
China (22M tonnes) constituted the country with the largest volume of carrot and turnip production, comprising approx. 48% of total volume. Moreover, carrot and turnip production in China exceeded the figures recorded by the second-largest producer, Uzbekistan (3.1M tonnes), sevenfold. The third position in this ranking was occupied by Russia (1.6M tonnes), with a 3.4% share.
What are the leading suppliers of carrots and turnips to Australia?
+
In value terms, the UK ($11K) constituted the largest supplier of carrot and turnip to Australia, comprising 87% of total imports. The second position in the ranking was occupied by New Zealand ($1.6K), with a 13% share of total imports.
What are the leading importers of carrots and turnips from Australia?
+
In value terms, the United Arab Emirates ($19M), Saudi Arabia ($13M) and Malaysia ($9.2M) constituted the largest markets for carrot and turnip exported from Australia worldwide, with a combined 59% share of total exports. Singapore, Qatar, Hong Kong SAR and Kuwait lagged somewhat behind, together comprising a further 29%.
What is the average export price for carrots and turnips in Australia?
+
In 2020, the average carrot and turnip export price amounted to $624 per tonne, rising by 3.1% against the previous year.
What is the average import price for carrots and turnips in Australia?
+
The average carrot and turnip import price stood at $686 per tonne in 2020, growing by 55% against the previous year.

Product coverage:
• FCL 426 - Carrot

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

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

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

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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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