Greece: Carrot And Turnip Market Overview 2021

Carrot And Turnip Market Size in Greece

In 2019, after two years of growth, there was significant decline in the Greek carrot and turnip market, when its value decreased by -X% to $X. Overall, consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Carrot And Turnip Production in Greece

In value terms, carrot and turnip production contracted notably to $X in 2019 estimated in export prices. In general, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

In 2019, the average yield of carrots and turnips in Greece declined rapidly to X tonnes per ha, reducing by -X% against 2018 figures. Over the period under review, the yield recorded a pronounced descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha, and then declined rapidly 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.

In 2019, the total area harvested in terms of carrots and turnips production in Greece rose slightly to X ha, with an increase of X% on 2018 figures. Overall, the harvested area, however, saw a noticeable decline. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. As a result, the harvested area attained the peak level of X ha. From 2011 to 2019, the growth of the carrot and turnip harvested area failed to regain the momentum.

Carrot And Turnip Exports

Exports from Greece

In 2019, approx. X tonnes of carrots and turnips were exported from Greece; with a decrease of -X% compared with the previous year. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes, and then declined rapidly in the following year.

In value terms, carrot and turnip exports shrank notably to $X in 2019. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

Romania (X tonnes), Bulgaria (X tonnes) and Cyprus (X tonnes) were the main destinations of carrot and turnip exports from Greece, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carrot and turnip exported from Greece were Romania ($X), Cyprus ($X) and Bulgaria ($X), together comprising X% of total exports.

Among the main countries of destination, Romania recorded the highest growth rate of the value of exports, over the period under review, while shipments for 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 2019, reducing by -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per tonne), while the average price for exports to Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus, while the prices for the other major destinations experienced a decline.

Carrot And Turnip Imports

Imports into Greece

After two years of growth, supplies from abroad of carrots and turnips decreased by -X% to X tonnes in 2019. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2010; however, from 2011 to 2019, imports failed to regain the momentum.

In value terms, carrot and turnip imports declined markedly to $X in 2019. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2018, and then contracted significantly in the following year.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest carrot and turnip supplier to Greece, with a X% share of total imports. Moreover, carrot and turnip imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. Belgium (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Belgium (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of carrot and turnip to Greece, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Italy (-X% per year).

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked in 2019 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carrots and turnips in the world?

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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?

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China (21M tonnes) constituted the country with the largest volume of carrot and turnip production, accounting for 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 Greece?

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In value terms, Germany ($862K) constituted the largest supplier of carrot and turnip to Greece, comprising 50% of total imports. The second position in the ranking was occupied by the Netherlands ($312K), with a 18% share of total imports. It was followed by Italy, with a 11% share.

What are the leading importers of carrots and turnips from Greece?

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In value terms, Romania ($575K), Cyprus ($384K) and Bulgaria ($344K) constituted the largest markets for carrot and turnip exported from Greece worldwide, with a combined 79% share of total exports.

What is the average export price for carrots and turnips in Greece?

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The average carrot and turnip export price stood at $378 per tonne in 2019, waning by -10.5% against the previous year.

What is the average import price for carrots and turnips in Greece?

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The average carrot and turnip import price stood at $881 per tonne in 2019, with an increase of 13% against the previous year.