U.S.: Carrot And Turnip Market Overview 2020

Carrot And Turnip Market Size in the U.S.

The revenue of the carrot and turnip market in the U.S. amounted to $X in 2018, declining by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Carrot and turnip consumption peaked at $X in 2017, and then declined slightly in the following year.

Carrot And Turnip Production in the U.S.

In value terms, carrot and turnip production amounted to $X in 2018. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Carrot and turnip production peaked at $X in 2017, and then declined slightly in the following year.

Average yield of carrots and turnips in the U.S. totaled X tonne per ha in 2018, rising by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when yield increased by X% year-to-year. In that year, the average carrot and turnip yield reached its peak level of X tonne per ha. From 2017 to 2018, the growth of the average carrot and turnip yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of carrots and turnips production in the U.S. totaled X ha, falling by -X% against the previous year. In general, the carrot and turnip harvested area continues to indicate a mild decline. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to carrot and turnip production attained its peak figure at X ha in 2007; however, from 2008 to 2018, harvested area failed to regain its momentum.

Carrot And Turnip Exports

Exports from the U.S.

In 2018, the amount of carrots and turnips exported from the U.S. totaled X tonnes, jumping by X% against the previous year. Overall, carrot and turnip exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, carrot and turnip exports reached their peak figure at X tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, carrot and turnip exports amounted to $X in 2018. Overall, carrot and turnip exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Canada (X tonnes) was the main destination for carrot and turnip exports from the U.S., with a X% share of total exports. Moreover, carrot and turnip exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and France (+X% per year).

In value terms, Canada ($X) remains the key foreign market for carrot and turnip exports from the U.S., comprising X% of total carrot and turnip exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and France (+X% per year).

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2018, lowering by -X% against the previous year. Over the period under review, the carrot and turnip export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. In that year, the average export prices for carrots and turnips attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for carrots and turnips remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into the U.S.

In 2018, the amount of carrots and turnips imported into the U.S. stood at X tonnes, lowering by -X% against the previous year. In general, the total imports indicated prominent growth from 2007 to 2018: its volume 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 2018 figures, carrot and turnip imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, carrot and turnip imports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, carrot and turnip imports stood at $X in 2018. Over the period under review, carrot and turnip imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

Mexico (X tonnes), Canada (X tonnes) and Israel (X tonnes) were the main suppliers of carrot and turnip imports to the U.S., with a combined X% share of total imports. These countries were followed by Guatemala, which accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Guatemala, while the other leaders experienced more modest paces of growth.

In value terms, the largest carrot and turnip suppliers to the U.S. were Canada ($X), Mexico ($X) and Israel ($X), together comprising X% of total imports. These countries were followed by Guatemala, which accounted for a further X terms of the main suppliers, Guatemala experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. In that year, the average import prices for carrots and turnips reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Guatemala ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Guatemala, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform