India - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

India: Carrot And Turnip Market Overview 2020

Carrot And Turnip Market Size in India

The revenue of the carrot and turnip market in India amounted to $X in 2018, waning by -X% against the previous year. Overall, the total market indicated moderate 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. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Carrot and turnip consumption peaked at $X in 2017, and then declined slightly in the following year.

Carrot And Turnip Production in India

In value terms, carrot and turnip production totaled $X in 2018 estimated in export prices. In general, carrot and turnip production continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Carrot and turnip production peaked at $X in 2017, and then declined slightly in the following year.

In 2018, the average carrot and turnip yield in India stood at X tonne per ha, stabilizing at the previous year. In general, the carrot and turnip yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when yield increased by X% year-to-year. Carrot and turnip yield peaked in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the carrot and turnip harvested area in India totaled X ha, rising by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Carrot and turnip harvested area peaked in 2018 and is likely to continue its growth in the near future.

Carrot And Turnip Exports

Exports from India

In 2018, the amount of carrots and turnips exported from India stood at X tonnes, rising by X% against the previous year. Overall, carrot and turnip exports continue to indicate a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, carrot and turnip exports totaled $X in 2018. Over the period under review, carrot and turnip exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for carrot and turnip exports from India, with a X% share of total exports. Moreover, carrot and turnip exports to the United Arab Emirates exceeded the volume sent to the second major destination, Mauritania (X tonnes), fourfold. Malaysia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+X% per year) and Malaysia (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for carrot and turnip exports from India, comprising X% of total carrot and turnip exports. The second position in the ranking was occupied by Singapore ($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 growth rate of value to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+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, reducing by -X% against the previous year. Overall, the carrot and turnip export price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2012 an increase of 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 2015; however, from 2016 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Maldives ($X per tonne), while the average price for exports to Bangladesh ($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 Mauritania, while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into India

In 2018, the amount of carrots and turnips imported into India totaled X tonnes, reducing by -X% against the previous year. In general, carrot and turnip imports continue to indicate a deep reduction. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. In that year, carrot and turnip imports attained their peak of X tonnes. From 2010 to 2018, the growth of carrot and turnip imports remained at a lower figure.

In value terms, carrot and turnip imports stood at $X in 2018. In general, carrot and turnip imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. In that year, carrot and turnip imports attained their peak of $X. From 2010 to 2018, the growth of carrot and turnip imports failed to regain its momentum.

Imports by Country

In 2018, Bhutan (X tonnes) was the main supplier of carrot and turnip to India, accounting for a X% share of total imports. Moreover, carrot and turnip imports from Bhutan exceeded the figures recorded by the second-largest supplier, China (X tonnes), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Bhutan amounted to -X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value from Bhutan amounted to +X%.

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the carrot and turnip import price continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Bhutan totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox AI Platform