Latest Report Update: Apr 11, 2019

Thailand - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Carrot And Turnip Market Overview 2019

Carrot And Turnip Market Size in Thailand

The revenue of the carrot and turnip market in Thailand amounted to $X in 2017, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, carrot and turnip consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. The carrot and turnip consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Carrot And Turnip Exports

Exports from Thailand

In 2017, approx. X tonnes of carrots and turnips were exported from Thailand; declining by -X% against the previous year. Overall, carrot and turnip exports continue to indicate a strong increase. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. The exports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, carrot and turnip exports stood at $X in 2017. Overall, carrot and turnip exports continue to indicate a prominent expansion. The exports peaked in 2017, and are expected to retain its growth in the immediate term.

Exports by Country

Malaysia (X tonnes) was the main destination of carrot and turnip exports from Thailand, accounting for X% share of total exports. Moreover, carrot and turnip exports to Malaysia exceeded the volume sent to the second major destination, Singapore (X tonnes), fourfold. The third position in this ranking was occupied by Myanmar (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to Malaysia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Myanmar (+X% per year).

In value terms, largest markets for carrot and turnip exported from Thailand were Singapore ($X), Malaysia ($X) and Lao People's Democratic Republic ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Singapore (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2017, increasing by X% against the previous year. Overall, the export price indicated a modest increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2009, when the average export price increased by X% against the previous year. The export price peaked of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Singapore ($X per tonne), while average price for exports to China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Lao People's Democratic Republic (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Thailand

In 2017, the amount of carrots and turnips imported into Thailand amounted to X tonnes, coming down by -X% against the previous year. Overall, the total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the carrot and turnip imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012, when imports increased by X% against the previous year. The imports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, carrot and turnip imports totaled $X in 2017. In general, carrot and turnip imports continue to indicate a remarkable increase. The imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, China (X tonnes) was the main supplier of carrot and turnip to Thailand, with a X% share of total imports. It was followed by Australia (X tonnes), with a X% share of total imports.

From 2007 to 2017, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Viet Nam (+X% per year).

In value terms, China ($X) constituted the largest supplier of carrot and turnip to Thailand, making up X% of total carrot and turnip imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports.

From 2007 to 2017, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2017, declining by -X% against the previous year. In general, carrot and turnip import price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. The import price peaked of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Australia ($X per tonne), while price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Australia (+X% per year), the import prices for other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 426 - Carrot

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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