Belarus - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarrot and Turnip Price in Belarus - 2022
Contents:
- Carrot and Turnip Price in Belarus (FOB) - 2022
- Carrot and Turnip Price in Belarus (CIF) - 2022
- Carrot and Turnip Exports in Belarus
- Carrot and Turnip Imports in Belarus
Carrot and Turnip Price in Belarus (FOB) - 2022
The average carrot and turnip export price stood at $318 per ton in March 2022, waning by -9.3% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2021 when the average export price increased by 158% against the previous month. As a result, the export price attained the peak level of $568 per ton. From August 2021 to March 2022, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +0.2% per month.
Carrot and Turnip Price in Belarus (CIF) - 2022
In 2022, the average carrot and turnip import price amounted to $613 per ton, jumping by 41% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($945 per ton), while the price for Kazakhstan ($491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Carrot and Turnip Exports in Belarus
In 2022, carrot and turnip exports from Belarus rose sharply to 137K tons, picking up by 9.8% against 2021 figures. The total export volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, carrot and turnip exports expanded remarkably to $48M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Export of Carrot and Turnip in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 29.8 | 28.1 | 41.9 | 47.8 | 17.1% |
Moldova | 0.4 | 0.3 | N/A | 0.2 | -20.6% |
Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
Total | 30.3 | 28.4 | 41.9 | 48.1 | 16.7% |
Top Export Markets for Carrot and Turnip from Belarus in 2022:
- Russia (133.7K tons)
- Moldova (2.4K tons)
Carrot and Turnip Imports in Belarus
In 2022, approx. 7.4K tons of carrots and turnips were imported into Belarus; dropping by -19.8% against 2021 figures. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 338%. As a result, imports reached the peak of 9.2K tons, and then contracted remarkably in the following year.
In value terms, carrot and turnip imports stood at $4.5M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 378%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Carrot and Turnip in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 20.6 | 104 | 3,159 | 3,356 | 446.2% |
Russia | 698 | 529 | 126 | 455 | -13.3% |
Poland | 7.2 | 7.9 | 289 | 307 | 249.4% |
Netherlands | 105 | 63.7 | 126 | 134 | 8.5% |
Kazakhstan | 106 | 10.2 | 87.4 | 92.8 | -4.3% |
Italy | 45.5 | 67.3 | 57.7 | 61.3 | 10.4% |
Israel | 220 | N/A | N/A | N/A | 0% |
Others | 22.0 | 55.8 | 155 | 122 | 77.0% |
Total | 1,224 | 837 | 4,000 | 4,527 | 54.6% |
Top Suppliers of Carrot and Turnip to Belarus in 2022:
- Ukraine (5.6K tons)
- Russia (0.8K tons)
- Poland (0.5K tons)
- Kazakhstan (0.2K tons)
- Netherlands (0.1K tons)
- Italy (0.1K tons)
This report provides an in-depth analysis of the carrot and turnip market in Belarus. 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:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- 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
This report provides an in-depth analysis of the carrot and turnip market in Belarus.
This report provides an in-depth analysis of the global carrot and turnip market.
This report provides an in-depth analysis of the carrot and turnip market in Belarus.
This report provides an in-depth analysis of the global carrot and turnip market.
Discover the projected growth of the global carrot and turnip market over the next seven years, fueled by increasing demand worldwide. Market volume is expected to reach 48M tons by 2030, with a value of $31.4B.
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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.
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
Discover the projected growth of the global carrot and turnip market over the next seven years, fueled by increasing demand worldwide. Market volume is expected to reach 48M tons by 2030, with a value of $31.4B.
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.