Report Update: May 1, 2024

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

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Carrot and Turnip Price in Sweden - 2023

Carrot and Turnip Price in Sweden (CIF) - 2023

The average carrot and turnip import price stood at $1,415 per ton in May 2023, which is down by -8.4% against the previous month. Overall, the import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in September 2022 when the average import price increased by 85% against the previous month. The import price peaked at $1,552 per ton in March 2023; however, from April 2023 to May 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($2,434 per ton), while the price for Finland ($437 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Carrot and Turnip Price in Sweden (FOB) - 2023

The average carrot and turnip export price stood at $1,416 per ton in June 2023, rising by 34% against the previous month. In general, the export price showed a notable increase. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 35% against the previous month. The export price peaked in June 2023.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Latvia ($2,734 per ton), while the average price for exports to Denmark amounted to $1,279 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.6%).

Carrot and Turnip Imports in Sweden

For the third consecutive year, Sweden recorded decline in purchases abroad of carrots and turnips, which decreased by -4.9% to 7.3K tons in 2022. Over the period under review, imports faced a deep downturn.

In value terms, carrot and turnip imports reduced dramatically to $5.9M in 2022. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 2.9% against the previous year.

Import of Carrot and Turnip in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	2.0	2.1	2.2	2.5	7.7%
Netherlands	4.0	1.8	1.6	1.3	-31.2%
Italy	1.7	2.1	2.2	1.3	-8.6%
Germany	0.7	1.1	1.0	0.5	-10.6%
Belgium	0.1	0.1	0.2	0.2	26.0%
Spain	0.5	0.1	0.2	0.1	-41.5%
Israel	0.5	0.3	0.1	N/A	-55.3%
Others	0.4	0.2	0.4	0.1	-37.0%
Total	10.0	7.7	7.9	5.9	-16.1%

Top Suppliers of Carrot and Turnip to Sweden in 2022:

Italy (3.0K tons)
Netherlands (2.3K tons)
Denmark (1.2K tons)
Germany (0.3K tons)
Belgium (0.3K tons)
Spain (0.1K tons)

Carrot and Turnip Exports in Sweden

In 2022, shipments abroad of carrots and turnips decreased by -30.7% to 3K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year.

In value terms, carrot and turnip exports declined remarkably to $2.4M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 26%.

Export of Carrot and Turnip in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	1,426	1,848	2,253	1,791	7.9%
Latvia	332	329	415	438	9.7%
Norway	44.6	91.2	35.8	20.5	-22.8%
Others	149	192	127	110	-9.6%
Total	1,951	2,460	2,830	2,359	6.5%

Top Export Markets for Carrot and Turnip from Sweden in 2022:

Denmark (2719.0 tons)
Latvia (163.0 tons)
Norway (52.0 tons)

Source: IndexBox Market Intelligence Platform

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

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023