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

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Carrot And Turnip Market Size in Chile

In 2019, the Chilean carrot and turnip market decreased by -X% to $X, falling for the second consecutive year after four years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Carrot And Turnip Production in Chile

In value terms, carrot and turnip production declined remarkably to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2019, production failed to regain the momentum.

The average yield of carrots and turnips in Chile totaled X tonnes per ha in 2019, remaining constant against the previous year's figure. The yield figure increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. The carrot and turnip yield peaked in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The carrot and turnip harvested area in Chile totaled X ha in 2019, growing by X% compared with the year before. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The carrot and turnip harvested area peaked at X ha in 2009; however, from 2010 to 2019, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Chile

After two years of growth, overseas shipments of carrots and turnips decreased by -X% to X tonnes in 2019. In general, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, carrot and turnip exports reduced sharply to $X in 2019. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for carrot and turnip exports from Chile, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2007 to 2019, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the export price, however, showed a noticeable increase. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Carrot And Turnip Imports

Imports into Chile

In 2019, overseas purchases of carrots and turnips increased by X% to X tonnes for the first time since 2014, thus ending a four-year declining trend. In general, imports saw a modest expansion. Over the period under review, imports attained the maximum at X tonnes in 2011; however, from 2012 to 2019, imports remained at a lower figure.

In value terms, carrot and turnip imports declined significantly to $X in 2019. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Argentina (X tonnes) was the main supplier of carrot and turnip to Chile, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Argentina stood at +X%.

In value terms, Argentina ($X) constituted the largest supplier of carrot and turnip to Chile.

From 2007 to 2019, the average annual growth rate of value from Argentina totaled +X%.

Import Prices by Country

In 2019, the average carrot and turnip import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2007 to 2019, the rate of growth in terms of prices for Argentina amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carrots and turnips in the world?
+
China (21M tonnes) constituted the country with the largest volume of carrot and turnip consumption, accounting for 46% of total volume. Moreover, carrot and turnip consumption in China exceeded the figures recorded by the second-largest consumer, Uzbekistan (2.7M tonnes), eightfold. The third position in this ranking was occupied by Russia (1.7M tonnes), with a 3.9% share.
What are the largest producers of carrots and turnips in the world?
+
The country with the largest volume of carrot and turnip production was China (21M tonnes), accounting for 48% of total volume. Moreover, carrot and turnip production in China exceeded the figures recorded by the second-largest producer, Uzbekistan (2.8M tonnes), eightfold. Russia (1.6M tonnes) ranked third in terms of total production with a 3.5% share.
What are the leading suppliers of carrots and turnips to Chile?
+
In value terms, Argentina ($31K) constituted the largest supplier of carrot and turnip to Chile.
What is the average export price for carrots and turnips in Chile?
+
In 2019, the average carrot and turnip export price amounted to $512 per tonne, with a decrease of -29.1% against the previous year.
What is the average import price for carrots and turnips in Chile?
+
The average carrot and turnip import price stood at $257 per tonne in 2019, which is down by -83% against the previous year.

Product coverage:
• FCL 426 - Carrot

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Chile
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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