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

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Carrot And Turnip Market Size in the U.S.

After seven years of growth, the U.S. carrot and turnip market decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2019, and then reduced modestly in the following year.

Carrot And Turnip Production in the U.S.

In value terms, carrot and turnip production stood at $X in 2020. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Carrot and turnip production peaked in 2020 and is likely to see steady growth in years to come.

In 2020, the average yield of carrots and turnips in the U.S. amounted to X tonnes per ha, increasing by X% on 2019. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the yield increased by X% y-o-y. The carrot and turnip yield peaked in 2020 and is expected to retain growth in the immediate term. 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 the U.S. fell modestly to X ha, almost unchanged from 2019. In general, the harvested area saw a slight decline. The most prominent rate of growth was recorded 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 the maximum at X ha in 2007; however, from 2008 to 2020, the harvested area failed to regain the momentum.

Carrot And Turnip Exports

Exports from the U.S.

In 2020, carrot and turnip exports from the U.S. contracted modestly to X tonnes, remaining stable against 2019. Overall, exports continue to indicate a mild contraction. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, carrot and turnip exports reduced slightly to $X in 2020. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2020, 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 2020, the average annual rate of growth in terms of volume to Canada totaled -X%.

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

From 2007 to 2020, the average annual growth rate of value to Canada was relatively modest.

Export Prices by Country

The average carrot and turnip export price stood at $X per tonne in 2020, almost unchanged from the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne; afterwards, it flattened through to 2020.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Mexico stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico.

Carrot And Turnip Imports

Imports into the U.S.

In 2020, supplies from abroad of carrots and turnips decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. In general, total imports indicated a strong expansion from 2007 to 2020: its volume 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. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2019, and then reduced in the following year.

In value terms, carrot and turnip imports fell to $X in 2020. Overall, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

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.

From 2007 to 2020, the biggest increases were in Israel, while purchases for 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 accounting for X% of total imports.

Israel saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average carrot and turnip import price amounted to $X per tonne, falling by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, 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?
+
China (22M tonnes) remains the largest carrot and turnip consuming country worldwide, comprising approx. 47% of total volume. Moreover, carrot and turnip consumption in China exceeded the figures recorded by the second-largest consumer, Uzbekistan (3M tonnes), sevenfold. The third position in this ranking was occupied by Russia (1.7M tonnes), with a 3.6% 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), comprising approx. 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 the U.S.?
+
In value terms, Canada ($51M), Mexico ($45M) and Israel ($7M) constituted the largest carrot and turnip suppliers to the U.S., together comprising 92% of total imports.
What are the leading importers of carrots and turnips from the U.S.?
+
In value terms, Canada ($105M) remains the key foreign market for carrot and turnip exports from the U.S., comprising 88% of total exports. The second position in the ranking was occupied by Mexico ($9.6M), with a 8% share of total exports.
What is the average export price for carrots and turnips in the U.S.?
+
The average carrot and turnip export price stood at $1,153 per tonne in 2020, approximately mirroring the previous year.
What is the average import price for carrots and turnips in the U.S.?
+
In 2020, the average carrot and turnip import price amounted to $531 per tonne, waning by -1.8% against the previous year.

Product coverage:
• FCL 426 - Carrot

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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 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 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, 2007–2020
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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