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

Egypt: Carrot And Turnip Market Overview 2020

Carrot And Turnip Market Size in Egypt

The revenue of the carrot and turnip market in Egypt amounted to $X in 2018, dropping by -X% against the previous year. Overall, the total market indicated mild growth 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, carrot and turnip consumption decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. In that year, the carrot and turnip market reached its peak level of $X. From 2014 to 2018, the growth of the carrot and turnip market remained at a lower figure.

Carrot And Turnip Production in Egypt

In value terms, carrot and turnip production stood at $X in 2018 estimated in export prices. In general, carrot and turnip production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when production volume increased by X% y-o-y. In that year, carrot and turnip production attained its peak level of $X. From 2014 to 2018, carrot and turnip production growth remained at a lower figure.

Average yield of carrots and turnips in Egypt totaled X tonne per ha in 2018, remaining relatively unchanged against the previous year. Overall, the carrot and turnip yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when yield increased by X% year-to-year. Carrot and turnip yield peaked at X tonne per ha in 2009; however, from 2010 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, the total area harvested in terms of carrots and turnips production in Egypt totaled X ha, going up by X% against the previous year. Overall, the total harvested area indicated a conspicuous expansion from 2007 to 2018: its figure 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, carrot and turnip harvested area decreased by -X% against 2016 indices. The growth pace was the most rapid in 2013 when harvested area increased by X% against the previous year. In that year, the carrot and turnip harvested area reached its peak level of X ha. From 2014 to 2018, the growth of the carrot and turnip harvested area remained at a lower figure.

Carrot And Turnip Exports

Exports from Egypt

In 2018, the exports of carrots and turnips from Egypt totaled X tonnes, growing by X% against the previous year. In general, carrot and turnip exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, carrot and turnip exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, carrot and turnip exports stood at $X in 2018. Overall, carrot and turnip exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Russia (X tonnes) was the main destination for carrot and turnip exports from Egypt, with a X% share of total exports. Moreover, carrot and turnip exports to Russia exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and the U.S. (+X% per year).

In value terms, Russia ($X) remains the key foreign market for carrot and turnip exports from Egypt, comprising X% of total carrot and turnip exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Saudi Arabia (-X% per year).

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. Overall, the carrot and turnip export price continues to indicate a moderate slump. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for carrots and turnips attained their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2018, the highest prices were recorded for prices to Lebanon ($X per tonne) and the U.S. ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

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

Carrot And Turnip Imports

Imports into Egypt

In 2018, the imports of carrots and turnips into Egypt amounted to X tonnes, jumping by X% against the previous year. Over the period under review, carrot and turnip imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, carrot and turnip imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, carrot and turnip imports amounted to $X in 2018. Over the period under review, carrot and turnip imports continue to indicate extraordinary growth. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. In that year, carrot and turnip imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

China (X tonnes), Belgium (X tonnes) and Italy (X tonnes) were the main suppliers of carrot and turnip imports to Egypt, with a combined X% share of total imports.

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

In value terms, the largest carrot and turnip suppliers to Egypt were China ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports.

In terms of the main suppliers, China (+X% per year) recorded 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, increasing by X% against the previous year. In general, the carrot and turnip import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for carrots and turnips attained their maximum in 2018 and is likely to continue its growth in the near future.

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

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

Source: IndexBox AI Platform