CIS: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in CIS

In 2023, after two years of growth, there was decline in the CIS carrot and turnip market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2022, and then reduced in the following year.

Carrot And Turnip Production in CIS

In value terms, carrot and turnip production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Uzbekistan (X tons) constituted the country with the largest volume of carrot and turnip production, accounting for X% of total volume. Moreover, carrot and turnip production in Uzbekistan exceeded the figures recorded by the second-largest producer, Russia (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total production with a X% share.

In Uzbekistan, carrot and turnip production expanded at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Russia (X% per year) and Kazakhstan (X% per year).

The average carrot and turnip yield contracted to X tons per ha in 2023, waning by X% against the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then shrank in the following year. 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 shrank modestly to X ha in 2023, flattening at 2022 figures. Overall, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2023, the harvested area remained at a lower figure.

Carrot And Turnip Exports

Exports in CIS

Carrot and turnip exports reduced to X tons in 2023, falling by X% against 2022. Overall, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, carrot and turnip exports amounted to $X in 2023. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the near future.

Exports by Country

In 2023, Belarus (X tons) represented the key exporter of carrots and turnips, creating X% of total exports. Uzbekistan (X tons) ranks second in terms of the total exports with a X% share, followed by Russia (X%) and Kyrgyzstan (X%). Moldova (X tons), Kazakhstan (X tons) and Tajikistan (X tons) held a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Moldova (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) remains the largest carrot and turnip supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

In Belarus, carrot and turnip exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Carrot And Turnip Imports

Imports in CIS

In 2023, the amount of carrots and turnips imported in the CIS skyrocketed to X tons, rising by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, carrot and turnip imports soared to $X in 2023. Total imports indicated a measured increase from 2012 to 2023: 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 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Russia was the key importing country with an import of around X tons, which reached X% of total imports. Kazakhstan (X tons) held the second position in the ranking, followed by Kyrgyzstan (X tons). All these countries together took near X% share of total imports. Uzbekistan (X tons), Armenia (X tons), Belarus (X tons) and Moldova (X tons) took a relatively small share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%), Armenia (X%), Kyrgyzstan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Moldova (X%) illustrated a downward trend over the same period. Kyrgyzstan (X p.p.), Uzbekistan (X p.p.) and Armenia (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan, Moldova and Russia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported carrots and turnips in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Russia, carrot and turnip imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, reducing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform