Ethiopia - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarrot and Turnip Price in Ethiopia - 2022
Contents:
- Carrot and Turnip Price in Ethiopia (FOB) - 2022
- Carrot and Turnip Price in Ethiopia (CIF) - 2022
- Carrot and Turnip Exports in Ethiopia
- Carrot and Turnip Imports in Ethiopia
Carrot and Turnip Price in Ethiopia (FOB) - 2022
The average carrot and turnip export price stood at $216 per ton in 2022, growing by 6.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($226 per ton), while the average price for exports to Djibouti totaled $157 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+0.9%).
Carrot and Turnip Price in Ethiopia (CIF) - 2022
The average carrot and turnip import price stood at $17,060 per ton in 2022, jumping by 870% against the previous year. Over the period under review, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +433.0% per year.
Carrot and Turnip Exports in Ethiopia
In 2022, shipments abroad of carrots and turnips decreased by -67% to 5.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 53% against the previous year. As a result, the exports attained the peak of 28K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, carrot and turnip exports shrank remarkably to $1.2M in 2022. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, the exports reached the peak of $5.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Carrot and Turnip in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 2.6 | 4.5 | 2.8 | 1.1 | -24.9% |
| Djibouti | 1.1 | 1.2 | 0.7 | 0.1 | -55.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.7 | 5.7 | 3.5 | 1.2 | -31.3% |
Top Export Markets for Carrot and Turnip from Ethiopia in 2022:
- Somalia (4.8K tons)
- Djibouti (0.8K tons)
Carrot and Turnip Imports in Ethiopia
For the third year in a row, Ethiopia recorded decline in overseas purchases of carrots and turnips, which decreased by -81.9% to 100 kg in 2022. Overall, imports recorded a sharp downturn. The smallest decline of -25.5% was in 2020.
In value terms, carrot and turnip imports skyrocketed to $1.7K in 2022. Over the period under review, imports, however, showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carrot and Turnip in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 1,706 | 0% |
| Germany | 28.0 | 623 | 9.0 | N/A | -43.3% |
| Kenya | N/A | N/A | 953 | N/A | 0% |
| China | 4.0 | 83.0 | 1.0 | N/A | -50.0% |
| United Arab Emirates | 515 | N/A | 5.0 | N/A | -90.1% |
| South Africa | 3.0 | 24.0 | 1.0 | N/A | -42.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 550 | 730 | 969 | 1,706 | 45.8% |
Top Suppliers of Carrot and Turnip to Ethiopia in 2022:
- United Kingdom (100.0 kg)
This report provides an in-depth analysis of the carrot and turnip market in Ethiopia. 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.
Product coverage:
- FCL 426 - Carrot
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the carrot and turnip market in Ethiopia.
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This report provides an in-depth analysis of the global carrot and turnip market.
589
This report provides an in-depth analysis of the carrot and turnip market in Ethiopia.
3589
This report provides an in-depth analysis of the global carrot and turnip market.
8296
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4385
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4973
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5617
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
8296
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4385
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4973
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5617
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
