Slovakia: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Slovakia

The Slovak carrot and turnip market soared to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, saw a measured increase. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the immediate term.

Carrot And Turnip Production in Slovakia

In value terms, carrot and turnip production stood at $X in 2023 estimated in export price. In general, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Carrot and turnip production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

In 2023, the average yield of carrots and turnips in Slovakia shrank to X tons per ha, with a decrease of X% compared with 2022. Over the period under review, the yield, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2019 when the yield increased by X% against the previous year. The carrot and turnip yield peaked at X tons per ha in 2022, and then contracted 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 2023, approx. X ha of carrots and turnips were harvested in Slovakia; surging by X% against the year before. Over the period under review, the harvested area, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. The carrot and turnip harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area remained at a lower figure.

Carrot And Turnip Exports

Exports from Slovakia

In 2023, shipments abroad of carrots and turnips increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, carrot and turnip exports skyrocketed to $X in 2023. In general, exports recorded strong growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Austria (X tons) were the main destinations of carrot and turnip exports from Slovakia, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for carrots and turnips exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Austria (X% per year).

Export Prices by Country

The average carrot and turnip export price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, export price indicated mild growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Carrot And Turnip Imports

Imports into Slovakia

After three years of decline, purchases abroad of carrots and turnips increased by X% to X tons in 2023. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, carrot and turnip imports skyrocketed to $X in 2023. In general, total imports indicated noticeable growth from 2012 to 2023: 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 growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in years to come.

Imports by Country

In 2023, Poland (X tons) constituted the largest supplier of carrot and turnip to Slovakia, accounting for a X% share of total imports. Moreover, carrot and turnip imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

In value terms, the largest carrot and turnip suppliers to Slovakia were Poland ($X), the Czech Republic ($X) and Germany ($X), with a combined X% share of total imports. The Netherlands, Italy, Hungary and Austria lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average carrot and turnip import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, carrot and turnip import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform