Colombia: Carrot And Turnip Market Overview 2020

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