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Colombia - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Carrot And Turnip Market Overview 2020

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Carrot And Turnip Market Size in Colombia

The revenue of the carrot and turnip market in Colombia amounted to $X in 2018, reducing by -X% against the previous year. Overall, carrot and turnip consumption continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the carrot and turnip market attained its maximum level at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Carrot And Turnip Production in Colombia

In value terms, carrot and turnip production stood at $X in 2018 estimated in export prices. Overall, carrot and turnip production continues to indicate a significant shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, carrot and turnip production attained its maximum level at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

In 2018, the average yield of carrots and turnips in Colombia totaled X tonne per ha, waning by -X% against the previous year. In general, the carrot and turnip yield continues to indicate a mild setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the average carrot and turnip yield attained its maximum level at X tonne per ha in 2008; however, from 2009 to 2018, yield remained at a 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, approx. X ha of carrots and turnips were harvested in Colombia; going up by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. In that year, the carrot and turnip harvested area reached its peak level of X ha. From 2017 to 2018, the growth of the carrot and turnip harvested area failed to regain its momentum.

Carrot And Turnip Exports

Exports from Colombia

Carrot and turnip exports from Colombia totaled X tonnes in 2018, increasing by X% against the previous year. Overall, carrot and turnip exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, carrot and turnip exports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, carrot and turnip exports amounted to $X in 2018. Over the period under review, carrot and turnip exports, however, continue to indicate an abrupt reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, carrot and turnip exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Curacao (X tonnes), Cuba (X tonnes) and Germany (X tonnes) were the main destinations of carrot and turnip exports from Colombia, with a combined X% share of total exports. These countries were followed by Antigua and Barbuda, Bermuda, Saint Vincent and the Grenadines, Aruba and Canada, 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 Antigua and Barbuda (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carrot and turnip exported from Colombia were Bermuda ($X), Curacao ($X) and Antigua and Barbuda ($X), together comprising X% of total exports.

In terms of the main countries of destination, Antigua and Barbuda (+X% per year) experienced the highest rates of growth with regard to exports, over the last eleven years, 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, coming down by -X% against the previous year. Over the period under review, the carrot and turnip export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Bermuda ($X per tonne), while the average price for exports to Saint Vincent and the Grenadines ($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 Antigua and Barbuda, while the prices for the other major destinations experienced a decline.

Carrot And Turnip Imports

Imports into Colombia

In 2018, the imports of carrots and turnips into Colombia stood at X tonnes, waning by -X% against the previous year. In general, carrot and turnip imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, carrot and turnip imports amounted to $X in 2018. Over the period under review, carrot and turnip imports, however, continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest supplier of carrot and turnip to Colombia, with a X% share of total imports. Moreover, carrot and turnip imports from the U.S. exceeded the figures recorded by the second-largest supplier, Ecuador (X tonnes), fourfold. The third position in this ranking was occupied by Costa Rica (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and Costa Rica (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of carrot and turnip to Colombia, comprising X% of total carrot and turnip imports. The second position in the ranking was occupied by Ecuador ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (+X% per year) and China (+X% per year).

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the carrot and turnip import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for carrots and turnips attained their maximum at $X per tonne in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Costa Rica ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• FCL 426 - Carrot

This report provides an in-depth analysis of the carrot and turnip market in Colombia. 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 2030.


Country coverage:
• Colombia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• 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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