Peru: Carrot And Turnip Market Overview 2021

Carrot And Turnip Market Size in Peru

In 2019, the Peruvian carrot and turnip market increased by X% to $X, rising for the seventh year in a row after two years of decline. Over the period under review, the total consumption indicated a slight expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2019 and is likely to see gradual growth in the near future.

Carrot And Turnip Production in Peru

In value terms, carrot and turnip production expanded modestly to $X in 2019 estimated in export prices. Overall, production showed a slight increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, production reached the peak level in 2019 and is likely to see steady growth in years to come.

The average yield of carrots and turnips in Peru expanded modestly to X tonnes per ha in 2019, rising by X% compared with 2018 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the yield increased by X% y-o-y. Over the period under review, the average carrot and turnip yield reached the maximum level in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of carrots and turnips were harvested in Peru; approximately mirroring the year before. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The carrot and turnip harvested area peaked at X ha in 2008; however, from 2009 to 2019, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Peru

In 2019, shipments abroad of carrots and turnips increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. In general, exports recorded prominent growth. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, carrot and turnip exports rose significantly to $X in 2019. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Aruba (X tonnes) was the main destination for carrot and turnip exports from Peru, accounting for a approx. X% share of total exports.

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

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

From 2007 to 2019, the average annual rate of growth in terms of value to Aruba stood at +X%.

Export Prices by Country

In 2019, the average carrot and turnip export price amounted to $X per tonne, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

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

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

Carrot And Turnip Imports

Imports into Peru

In 2019, approx. X kg of carrots and turnips were imported into Peru; remaining constant against 2018. Overall, imports recorded a relatively flat trend pattern.

In value terms, carrot and turnip imports stood at $X in 2019. In general, imports recorded a relatively flat trend pattern.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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China (18M tonnes) remains the largest carrot and turnip consuming country worldwide, comprising approx. 43% of total volume. Moreover, carrot and turnip consumption in China exceeded the figures recorded by the second-largest consumer, Uzbekistan (2.3M tonnes), eightfold. The third position in this ranking was occupied by the U.S. (1.6M tonnes), with a 4% share.

What are the largest producers of carrots and turnips in the world?

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China (19M tonnes) constituted the country with the largest volume of carrot and turnip production, comprising approx. 45% of total volume. Moreover, carrot and turnip production in China exceeded the figures recorded by the second-largest producer, Uzbekistan (2.4M tonnes), eightfold. The third position in this ranking was occupied by the U.S. (1.5M tonnes), with a 3.6% share.

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

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In value terms, Aruba ($32K) remains the key foreign market for carrot and turnip exports from Peru.

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

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In 2019, the average carrot and turnip export price amounted to $1,260 per tonne, approximately reflecting the previous year.