Austria - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Austria: Carrot And Turnip Market Overview 2020

Carrot And Turnip Market Size in Austria

The revenue of the carrot and turnip market in Austria amounted to $X in 2018, rising by X% against the previous year. Over the period under review, the total market indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, carrot and turnip consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Carrot and turnip consumption peaked in 2018 and is likely to see steady growth in the near future.

Carrot And Turnip Production in Austria

In value terms, carrot and turnip production stood at $X in 2018 estimated in export prices. Over the period under review, carrot and turnip production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Carrot and turnip production peaked in 2018 and is likely to continue its growth in the immediate term.

Average yield of carrots and turnips in Austria amounted to X tonne per ha in 2018, approximately mirroring the previous year. Overall, the carrot and turnip yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the average carrot and turnip yield reached its maximum level at X tonne per ha in 2011; however, from 2012 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of carrots and turnips production in Austria amounted to X ha, increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to carrot and turnip production reached its peak figure in 2018 and is expected to retain its growth in the immediate term.

Carrot And Turnip Exports

Exports from Austria

In 2018, approx. X tonnes of carrots and turnips were exported from Austria; lowering by -X% against the previous year. Over the period under review, carrot and turnip exports continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, carrot and turnip exports stood at $X in 2018. Over the period under review, carrot and turnip exports continue to indicate a deep reduction. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Slovenia (X tonnes), Germany (X tonnes) and Croatia (X tonnes) were the main destinations of carrot and turnip exports from Austria, together comprising X% of total exports. These countries were followed by Hungary, Senegal, the Czech Republic and Italy, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Italy, while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) remains the key foreign market for carrot and turnip exports from Austria, comprising X% of total carrot and turnip exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Slovenia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Hungary (-X% per year).

Export Prices by Country

In 2018, the average carrot and turnip export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price indicated a perceptible increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, carrot and turnip export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. In that year, the average export prices for carrots and turnips reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Austria

In 2018, approx. X tonnes of carrots and turnips were imported into Austria; remaining constant against the previous year. Over the period under review, carrot and turnip imports continue to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, carrot and turnip imports attained their peak figure at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, carrot and turnip imports stood at $X in 2018. In general, carrot and turnip imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), Italy (X tonnes) and the Netherlands (X tonnes) were the main suppliers of carrot and turnip imports to Austria, with a combined X% share of total imports. These countries were followed by the Czech Republic, Spain, Poland and Romania, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the largest carrot and turnip suppliers to Austria, together accounting for X% of total imports. Spain, the Czech Republic, Poland and Romania lagged somewhat behind, together accounting for a further X terms of the main suppliers, Romania recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average carrot and turnip import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price indicated buoyant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, carrot and turnip import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for carrots and turnips attained their peak figure in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform