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Italy - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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Italy: Carrot And Turnip Market Overview 2021

Carrot And Turnip Market Size in Italy

In 2020, the Italian carrot and turnip market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Carrot And Turnip Production in Italy

In value terms, carrot and turnip production dropped to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2019 to 2020, production growth remained at a lower figure.

The average yield of carrots and turnips in Italy fell modestly to X tonnes per ha in 2020, remaining constant against the previous year. In general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by X% against the previous year. Over the period under review, the average carrot and turnip yield hit record highs at X tonnes per ha in 2014; however, from 2015 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of carrots and turnips were harvested in Italy; approximately reflecting the year before. Over the period under review, the harvested area saw a mild downturn. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. As a result, the harvested area attained the peak level of X ha. from 2017 to 2020, the growth of the carrot and turnip harvested area remained at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Italy

In 2020, the amount of carrots and turnips exported from Italy skyrocketed to X tonnes, with an increase of X% compared with the year before. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, carrot and turnip exports reached $X in 2020. Overall, total exports indicated a modest expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for carrot and turnip exports from Italy, accounting for a X% share of total exports. Moreover, carrot and turnip exports to Germany exceeded the volume sent to the second major destination, the UK (X tonnes), threefold. Poland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Poland (+X% per year).

In value terms, Germany ($X) remains the key foreign market for carrot and turnip exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the UK (+X% per year).

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Italy

For the third year in a row, Italy recorded decline in purchases abroad of carrots and turnips, which decreased by -X% to X tonnes in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, carrot and turnip imports fell remarkably to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

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

From 2007 to 2020, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

Spain (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2020, flattening at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 (22M tonnes), accounting for 47% of total volume. Moreover, carrot and turnip consumption in China exceeded the figures recorded by the second-largest consumer, Uzbekistan (3M tonnes), sevenfold. The third position in this ranking was occupied by Russia (1.7M tonnes), with a 3.6% share.
What are the largest producers of carrots and turnips in the world?
+
The country with the largest volume of carrot and turnip production was China (22M tonnes), accounting for 48% of total volume. Moreover, carrot and turnip production in China exceeded the figures recorded by the second-largest producer, Uzbekistan (3.1M tonnes), sevenfold. The third position in this ranking was occupied by Russia (1.6M tonnes), with a 3.4% share.
What are the leading suppliers of carrots and turnips to Italy?
+
In value terms, Germany ($949K), Spain ($678K) and Belgium ($657K) appeared to be the largest carrot and turnip suppliers to Italy, with a combined 59% share of total imports.
What are the leading importers of carrots and turnips from Italy?
+
In value terms, Germany ($28M) remains the key foreign market for carrot and turnip exports from Italy, comprising 37% of total exports. The second position in the ranking was occupied by France ($8.8M), with a 11% share of total exports. It was followed by the UK, with a 9.6% share.
What is the average export price for carrots and turnips in Italy?
+
In 2020, the average carrot and turnip export price amounted to $736 per tonne, reducing by -10.1% against the previous year.
What is the average import price for carrots and turnips in Italy?
+
In 2020, the average carrot and turnip import price amounted to $646 per tonne, flattening at the previous year.

Product coverage:
• FCL 426 - Carrot

This report provides an in-depth analysis of the carrot and turnip market in Italy. 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:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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