Mexico: Carrot And Turnip Market Overview 2021

Carrot And Turnip Market Size in Mexico

The Mexican carrot and turnip market contracted slightly to $X in 2019, reducing by -X% against the previous year. Overall, consumption, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Carrot And Turnip Production in Mexico

In value terms, carrot and turnip production reduced slightly to $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 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 failed to regain the momentum.

The average yield of carrots and turnips in Mexico declined slightly to X tonnes per ha in 2019, standing approx. at the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The carrot and turnip yield peaked at X tonnes per ha in 2018, and then fell 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 carrot and turnip harvested area in Mexico rose notably to X ha, surging by X% compared with the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. The carrot and turnip harvested area peaked at X ha in 2007; however, from 2008 to 2019, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Mexico

In 2019, the amount of carrots and turnips exported from Mexico rose remarkably to X tonnes, surging by X% compared with 2018. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to see steady growth in the near future.

In value terms, carrot and turnip exports expanded modestly to $X in 2019. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in years to come.

Exports by Country

The U.S. (X tonnes) was the main destination for carrot and turnip exports from Mexico, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. stood at +X%.

In value terms, the U.S. ($X) also remains the key foreign market for carrot and turnip exports from Mexico.

From 2007 to 2019, the average annual growth rate of value to the U.S. stood at +X%.

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Carrot And Turnip Imports

Imports into Mexico

Carrot and turnip imports into Mexico dropped to X tonnes in 2019, reducing by -X% compared with 2018. In general, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth imports failed to regain the momentum.

In value terms, carrot and turnip imports soared to $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main carrot and turnip supplier to Mexico, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from the U.S. amounted to -X%.

In value terms, the U.S. ($X) constituted the largest supplier of carrot and turnip to Mexico.

From 2007 to 2019, the average annual growth rate of value from the U.S. was relatively modest.

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

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), comprising approx. 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) remains the largest carrot and turnip producing country worldwide, 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. The third position in this ranking was occupied by Russia (1.6M tonnes), with a 3.5% share.

What are the leading suppliers of carrots and turnips to Mexico?

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In value terms, the U.S. ($7.2M) constituted the largest supplier of carrot and turnip to Mexico.

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

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In value terms, the U.S. ($55M) remains the key foreign market for carrot and turnip exports from Mexico.

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

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The average carrot and turnip export price stood at $435 per tonne in 2019, which is down by -5.3% against the previous year.

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

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In 2019, the average carrot and turnip import price amounted to $991 per tonne, picking up by 25% against the previous year.