Canada: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Canada

In 2023, the Canadian carrot and turnip market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Carrot And Turnip Production in Canada

In value terms, carrot and turnip production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Carrot and turnip production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

In 2023, the average yield of carrots and turnips in Canada stood at X tons per ha, almost unchanged from the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The carrot and turnip yield peaked at X tons per ha in 2019; however, from 2020 to 2023, the 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 2023, the total area harvested in terms of carrots and turnips production in Canada totaled X ha, approximately equating the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The carrot and turnip harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.

Carrot And Turnip Exports

Exports from Canada

For the third consecutive year, Canada recorded growth in shipments abroad of carrots and turnips, which increased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, carrot and turnip exports surged to $X in 2023. Over the period under review, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for carrot and turnip exports from Canada, accounting for a approx. X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) also remains the key foreign market for carrots and turnips exports from Canada.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average carrot and turnip export price stood at $X per ton in 2023, surging by X% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, carrot and turnip export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.

Carrot And Turnip Imports

Imports into Canada

Carrot and turnip imports into Canada reduced to X tons in 2023, waning by X% compared with 2022 figures. In general, imports showed a mild decline. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, carrot and turnip imports rose slightly to $X in 2023. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in years to come.

Imports by Country

In 2023, the United States (X tons) constituted the largest supplier of carrot and turnip to Canada, with a X% share of total imports. Moreover, carrot and turnip imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fivefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of carrots and turnips to Canada, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with an X% share of total imports. It was followed by Guatemala, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Guatemala (X% per year).

Import Prices by Country

The average carrot and turnip import price stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform