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

Carrot And Turnip Market Size in Spain

In 2020, the Spanish carrot and turnip market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a pronounced reduction. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Carrot and turnip consumption peaked at $X in 2010; however, from 2011 to 2020, consumption failed to regain the momentum.

Carrot And Turnip Production in Spain

In value terms, carrot and turnip production stood at $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2009; however, from 2010 to 2020, production failed to regain the momentum.

The average yield of carrots and turnips in Spain totaled X tonnes per ha in 2020, therefore, remained relatively stable against 2019. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% y-o-y. As a result, the yield reached the peak level of X tonnes per ha. from 2016 to 2020, the growth of the average carrot and turnip yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of carrots and turnips production in Spain contracted to X ha, approximately reflecting the year before. Over the period under review, the harvested area continues to indicate a slight reduction. The growth pace was the most rapid in 2014 when the harvested area increased by X% y-o-y. The carrot and turnip harvested area peaked at X ha in 2010; however, from 2011 to 2020, the harvested area failed to regain the momentum.

Carrot And Turnip Exports

Exports from Spain

In 2020, overseas shipments of carrots and turnips increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, total exports indicated perceptible growth from 2007 to 2020: its volume increased 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 increased by +X% against 2018 indices. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, carrot and turnip exports skyrocketed to $X in 2020. In general, total exports indicated a notable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

France (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main destinations of carrot and turnip exports from Spain, with a combined X% share of total exports. Portugal, the UK, Belgium and Ireland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Ireland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carrot and turnip exported from Spain were France ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Germany saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average carrot and turnip export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

Carrot And Turnip Imports

Imports into Spain

In 2020, purchases abroad of carrots and turnips decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, imports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, carrot and turnip imports dropped to $X in 2020. Over the period under review, imports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, France (X tonnes) constituted the largest carrot and turnip supplier to Spain, with a X% share of total imports. Moreover, carrot and turnip imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tonnes), fivefold. The Czech Republic (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and the Czech Republic (+X% per year).

In value terms, France ($X) constituted the largest supplier of carrot and turnip to Spain, comprising X% of total imports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value from France totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2020, the average carrot and turnip import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, 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. Russia (1.7M tonnes) ranked third in terms of total consumption with a 3.7% 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. Russia (1.6M tonnes) ranked third in terms of total production with a 3.4% share.
What are the leading suppliers of carrots and turnips to Spain?
+
In value terms, France ($3M) constituted the largest supplier of carrot and turnip to Spain, comprising 54% of total imports. The second position in the ranking was occupied by Portugal ($895K), with a 16% share of total imports. It was followed by Germany, with a 5.8% share.
What are the leading importers of carrots and turnips from Spain?
+
In value terms, the largest markets for carrot and turnip exported from Spain were France ($29M), Germany ($19M) and the Netherlands ($12M), together accounting for 71% of total exports.
What is the average export price for carrots and turnips in Spain?
+
In 2020, the average carrot and turnip export price amounted to $655 per tonne, growing by 2.9% against the previous year.
What is the average import price for carrots and turnips in Spain?
+
The average carrot and turnip import price stood at $303 per tonne in 2020, falling by -4.5% against the previous year.

Product coverage:
• FCL 426 - Carrot

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• 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

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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