Indonesia: Carrot And Turnip Market Overview 2020

Carrot And Turnip Market Size in Indonesia

The revenue of the carrot and turnip market in Indonesia amounted to $X in 2018, rising by X% against the previous year. Overall, carrot and turnip consumption continues to indicate buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. In that year, the carrot and turnip market reached its peak level and is likely to continue its growth in the immediate term.

Carrot And Turnip Production in Indonesia

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 strong increase. The growth pace was the most rapid in 2018 when production volume increased by X% year-to-year. In that year, carrot and turnip production attained its peak level and is likely to continue its growth in the immediate term.

In 2018, the average carrot and turnip yield in Indonesia totaled X tonne per ha, flattening at the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015 when yield increased by X% against the previous year. In that year, the average carrot and turnip yield reached its peak level of X tonne per ha. From 2016 to 2018, the growth of the average carrot and turnip yield failed to regain its momentum. 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 Indonesia; rising by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 when harvested area increased by X% year-to-year. Carrot and turnip harvested area peaked in 2018 and is expected to retain its growth in the near future.

Carrot And Turnip Exports

Exports from Indonesia

In 2018, the amount of carrots and turnips exported from Indonesia amounted to X tonnes, coming down by -X% against the previous year. Over the period under review, carrot and turnip exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. In that year, carrot and turnip exports attained their peak of X tonnes. From 2016 to 2018, the growth of carrot and turnip exports failed to regain its momentum.

In value terms, carrot and turnip exports amounted to $X in 2018. Over the period under review, carrot and turnip exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. In that year, carrot and turnip exports reached their peak of $X. From 2016 to 2018, the growth of carrot and turnip exports failed to regain its momentum.

Exports by Country

Singapore (X tonnes) was the main destination for carrot and turnip exports from Indonesia, with a X% share of total exports. Moreover, carrot and turnip exports to Singapore exceeded the volume sent to the second major destination, Taiwan, Chinese (X tonnes), fourfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Singapore amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan, Chinese (-X% per year) and Malaysia (-X% per year).

In value terms, Singapore ($X), Taiwan, Chinese ($X) and Malaysia ($X) constituted the largest markets for carrot and turnip exported from Indonesia worldwide, together comprising X% of total exports.

Among the main countries of destination, Taiwan, Chinese recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the carrot and turnip export price continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. In that year, the average export prices for carrots and turnips reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan, Chinese ($X per tonne), while the average price for exports to Malaysia ($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 Taiwan, Chinese, while the prices for the other major destinations experienced mixed trend patterns.

Carrot And Turnip Imports

Imports into Indonesia

In 2018, approx. X tonnes of carrots and turnips were imported into Indonesia; jumping by X% against the previous year. In general, carrot and turnip imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, carrot and turnip imports totaled $X in 2018. Over the period under review, carrot and turnip imports continue to indicate a strong increase. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tonnes) was the main carrot and turnip supplier to Indonesia, with a approx. X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of carrot and turnip to Indonesia.

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

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2018, leveling off at the previous year. Over the period under review, the carrot and turnip import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 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 peak figure at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox AI Platform