India: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in India

The Indian carrot and turnip market was estimated at $X in 2023, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Carrot And Turnip Production in India

In value terms, carrot and turnip production shrank modestly to $X in 2023 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2023: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Carrot and turnip production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

The average yield of carrots and turnips in India amounted to X tons per ha in 2023, standing approx. at the year before. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The carrot and turnip yield peaked at X tons per ha in 2021; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of carrots and turnips were harvested in India; remaining relatively unchanged against the previous year. The harvested area 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 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to carrot and turnip production attained the peak figure at X ha in 2021; however, from 2022 to 2023, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from India

In 2023, carrot and turnip exports from India surged to X tons, increasing by X% against 2022 figures. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

In value terms, carrot and turnip exports rose notably to $X in 2023. Over the period under review, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for carrot and turnip exports from India, with a X% share of total exports. Moreover, carrot and turnip exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bhutan (X tons), threefold. The third position in this ranking was taken by Canada (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (X% per year) and Canada (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for carrots and turnips exports from India, comprising X% of total exports. The second position in the ranking was held by Bhutan ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (X% per year) and Canada (X% per year).

Export Prices by Country

The average carrot and turnip export price stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the export price showed a slight reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Carrot And Turnip Imports

Imports into India

In 2023, overseas purchases of carrots and turnips decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, carrot and turnip imports surged to $X in 2023. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

In 2023, the United States (X tons) was the main carrot and turnip supplier to India, accounting for a X% share of total imports. It was followed by Brazil (X tons), with a X% share of total imports.

From 2021 to 2023, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the UK (X% per year).

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

From 2021 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: Brazil (X% per year) and the UK (X% per year).

Import Prices by Country

The average carrot and turnip import price stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price showed significant growth. The pace of growth was the most pronounced in 2022 when the average import price increased by X%. The import price peaked in 2023 and is likely to see gradual growth in the near future.

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

From 2021 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%).

Source: IndexBox Platform