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Venezuela - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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Venezuela: Carrot And Turnip Market Overview 2020

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Carrot And Turnip Market Size in Venezuela

The revenue of the carrot and turnip market in Venezuela amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, carrot and turnip consumption continues to indicate a temperate reduction. The pace of growth was the most pronounced in 2013 when the market value increased by X% y-o-y. Carrot and turnip consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Carrot And Turnip Production in Venezuela

In value terms, carrot and turnip production totaled $X in 2018 estimated in export prices. In general, carrot and turnip production continues to indicate a significant contraction. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Carrot and turnip production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of carrots and turnips in Venezuela stood at X tonne per ha, remaining constant against the previous year. Over the period under review, the carrot and turnip yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when yield increased by X% y-o-y. Over the period under review, the average carrot and turnip yield reached its peak figure level at X tonne per ha in 2016; however, from 2017 to 2018, yield stood at a somewhat lower figure. 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 Venezuela totaled X ha, remaining constant against the previous year. In general, the carrot and turnip harvested area continues to indicate a mild decrease. The pace of growth was the most pronounced in 2010 when harvested area increased by X% against the previous year. In that year, the carrot and turnip harvested area attained its peak level of X ha. From 2011 to 2018, the growth of the carrot and turnip harvested area failed to regain its momentum.

Carrot And Turnip Exports

Exports from Venezuela

In 2018, the exports of carrots and turnips from Venezuela totaled X tonnes, jumping by X% against the previous year. In general, carrot and turnip exports, however, continue to indicate an abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, carrot and turnip exports stood at $X in 2018. Overall, carrot and turnip exports, however, continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2017 with a decrease of -X% against the previous year. Over the period under review, carrot and turnip exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Aruba (X kg) was the main destination for carrot and turnip exports from Venezuela, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Aruba totaled -X%.

In value terms, Aruba ($X) also remains the key foreign market for carrot and turnip exports from Venezuela.

From 2007 to 2018, the average annual rate of growth in terms of value to Aruba stood at -X%.

Export Prices by Country

In 2018, the average carrot and turnip export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the carrot and turnip export price continues to indicate a measured decline. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices for carrots and turnips attained their peak figure at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

As there is only one major export destination, the average price level is determined by prices for Aruba.

From 2007 to 2018, the rate of growth in terms of prices for Aruba amounted to -X% per year.

Carrot And Turnip Imports

Imports into Venezuela

In 2018, the amount of carrots and turnips imported into Venezuela totaled X tonnes, going up by X% against the previous year. Overall, carrot and turnip imports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, carrot and turnip imports stood at $X in 2018. Overall, carrot and turnip imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, carrot and turnip imports attained their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

El Salvador (X kg) and Trinidad and Tobago (X kg) were the main suppliers of carrot and turnip imports to Venezuela, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by El Salvador (+X% per year).

In value terms, El Salvador ($X) constituted the largest supplier of carrot and turnip to Venezuela, comprising X% of total carrot and turnip imports. The second position in the ranking was occupied by Trinidad and Tobago ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from El Salvador totaled -X%.

Import Prices by Country

The average carrot and turnip import price stood at $X per tonne in 2018, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 when the average import price increased by X% y-o-y. The import price peaked in 2018 and is likely to continue its growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was El Salvador ($X per tonne), while the price for Trinidad and Tobago stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (-X% per year).

Source: IndexBox AI Platform

Product coverage:
• FCL 426 - Carrot

This report provides an in-depth analysis of the carrot and turnip market in Venezuela. 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 2030.


Country coverage:
• Venezuela

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Venezuela
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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