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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 2021

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Carrot And Turnip Market Size in Colombia

The Colombian carrot and turnip market amounted to $X in 2019, rising by X% against the previous year. Over the period under review, consumption showed a perceptible setback. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Carrot and turnip consumption peaked at $X in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.

Carrot And Turnip Production in Colombia

In value terms, carrot and turnip production fell to $X in 2019 estimated in export prices. Over the period under review, production recorded a perceptible decline. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.

In 2019, the average yield of carrots and turnips in Colombia stood at X tonnes per ha, approximately mirroring the previous year's figure. In general, the yield, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2017 when the yield increased by X% against the previous year. The carrot and turnip yield peaked at X tonnes per ha in 2008; however, from 2009 to 2019, the 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 2019, approx. X ha of carrots and turnips were harvested in Colombia; picking up by X% compared with 2018 figures. Over the period under review, the total harvested area indicated modest growth from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, carrot and turnip harvested area decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% y-o-y. The carrot and turnip harvested area peaked at X ha in 2017; however, from 2018 to 2019, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Colombia

In 2019, after three years of growth, there was significant decline in shipments abroad of carrots and turnips, when their volume decreased by -X% to X tonnes. In general, exports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2015 to 2019, the growth exports remained at a lower figure.

In value terms, carrot and turnip exports declined markedly to $X in 2019. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports remained at a lower figure.

Exports by Country

Curacao (X tonnes) was the main destination for carrot and turnip exports from Colombia, accounting for a X% share of total exports. Moreover, carrot and turnip exports to Curacao exceeded the volume sent to the second major destination, Aruba (X tonnes), sixfold.

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

In value terms, Curacao ($X) remains the key foreign market for carrot and turnip exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Aruba ($X), with a X% share of total exports.

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

Export Prices by Country

In 2019, the average carrot and turnip export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the country with the highest price was Aruba ($X per tonne), while the average price for exports to Curacao stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Aruba.

Carrot And Turnip Imports

Imports into Colombia

In 2019, overseas purchases of carrots and turnips decreased by -X% to X tonnes for the first time since 2009, thus ending a nine-year rising trend. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then declined dramatically in the following year.

In value terms, carrot and turnip imports contracted to $X in 2019. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to +X%.

In value terms, the U.S. ($X) constituted the largest supplier of carrot and turnip to Colombia.

From 2007 to 2019, the average annual growth rate of value from the U.S. amounted to +X%.

Import Prices by Country

In 2019, the average carrot and turnip import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a mild decline. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for the U.S. 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?
+
The country with the largest volume of carrot and turnip consumption was China (21M tonnes), 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?
+
China (21M tonnes) remains the largest carrot and turnip producing country worldwide, comprising approx. 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 Colombia?
+
In value terms, the U.S. ($247K) constituted the largest supplier of carrot and turnip to Colombia.
What are the leading importers of carrots and turnips from Colombia?
+
In value terms, Curacao ($9.6K) remains the key foreign market for carrot and turnip exports from Colombia, comprising 80% of total exports. The second position in the ranking was occupied by Aruba ($2.4K), with a 20% share of total exports.
What is the average export price for carrots and turnips in Colombia?
+
In 2019, the average carrot and turnip export price amounted to $706 per tonne, shrinking by -21.3% against the previous year.
What is the average import price for carrots and turnips in Colombia?
+
The average carrot and turnip import price stood at $1,032 per tonne in 2019, increasing by 18% against the previous year.

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 2025.


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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