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

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China: Carrot And Turnip Market Overview 2019

Carrot And Turnip Market Size in China

The revenue of the carrot and turnip market in China amounted to $X in 2018, surging by X% against the previous year. Overall, the total market indicated a strong expansion 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, the carrot and turnip consumption increased by +X% against 2007 indices. The growth pace was the most rapid in 2008, when the market value increased by X% against the previous year. Carrot and turnip consumption peaked in 2018, and is expected to retain its growth in the near future.

Carrot And Turnip Production in China

In value terms, carrot and turnip production totaled $X in 2018 estimated in export prices. Overall, the total output indicated a remarkable expansion 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, the carrot and turnip production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. Carrot and turnip production peaked at $X in 2017, leveling off in the following year.

In 2018, average carrot and turnip yield in China totaled X tonne per ha, increasing by X% against the previous year. Over the period under review, the yield indicated a remarkable increase from 2007 to 2018: its figure 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, the carrot and turnip yield increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2008, when yield increased by X% against the previous year. Carrot and turnip yield peaked in 2018, and is likely to see steady 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 2018, the total area harvested in terms of carrots and turnips production in China totaled X ha, remaining constant against the previous year. Overall, carrot and turnip harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when harvested area increased by X% y-o-y. Carrot and turnip harvested area peaked at X ha in 2012; however, from 2013 to 2018, harvested area failed to regain its momentum.

Carrot And Turnip Exports

Exports from China

In 2018, approx. X tonnes of carrots and turnips were exported from China; falling by -X% against the previous year. Overall, carrot and turnip exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when exports increased by X% y-o-y. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, carrot and turnip exports stood at $X in 2018. Overall, carrot and turnip exports, however, continue to indicate a measured growth. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Viet Nam (X tonnes), China, Hong Kong SAR (X tonnes) and South Korea (X tonnes) were the main destinations of carrot and turnip exports from China, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carrot and turnip exported from China were Viet Nam ($X), China, Hong Kong SAR ($X) and Japan ($X), together comprising X% of total exports.

China, Hong Kong SAR experienced the highest growth rate of exports, among the main countries of destination over the last eleven year period, while 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 2018, reducing by -X% against the previous year. Over the last eleven year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the average export price increased by X% year-to-year. Export price peaked at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Viet Nam ($X per tonne), while the average price for exports to Taiwan, Chinese ($X per tonne) was amongst the lowest.

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

Carrot And Turnip Imports

Imports into China

Carrot and turnip imports into China amounted to X tonnes in 2018, rising by X% against the previous year. 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% year-to-year. In that year, carrot and turnip imports attained their peak of X tonnes. From 2012 to 2018, the growth of carrot and turnip imports remained at a somewhat lower figure.

In value terms, carrot and turnip imports amounted to $X in 2018. Overall, the total imports indicated a temperate expansion 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, the carrot and turnip imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. In that year, carrot and turnip imports reached their peak of $X. From 2012 to 2018, the growth of carrot and turnip imports remained at a somewhat lower figure.

Imports by Country

The U.S. (X tonnes), China, Hong Kong SAR (X tonnes) and Japan (X tonnes) were the main suppliers of carrot and turnip imports to China, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest carrot and turnip suppliers to China were the U.S. ($X), China, Hong Kong SAR ($X) and Japan ($X), together accounting for X% of total imports.

Among the main suppliers, the U.S. (+X% per year) experienced the highest rates of growth with regard to imports, over the last eleven years, 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, coming down by -X% against the previous year. Over the period under review, the import price indicated a moderate expansion 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, the carrot and turnip import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2012, when the average import price increased by X% y-o-y. Import price peaked at $X per tonne in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Japan, while the import prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 426 - Carrot

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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