Carrot and Turnip Price in China Surges 54%, Averaging $799 per Ton
Mar 27, 2023
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In February 2023, the carrot and turnip export price from China amounted to $799 per ton, growing by 54% from the previous month. Hong Kong SAR had the highest price at $2,209 per ton, while Japan had among the lowest at $363 per ton. Carrot and turnip exports from China grew moderately, reaching 41K tons, with Hong Kong SAR, South Korea, and Thailand being the main destinations. In value terms, exports soared to $32M in February 2023, with Hong Kong SAR being the key market at $19M. Vietnam had the biggest increase in exports, with a CAGR of +25.1%. Exports to other countries experienced varying growth, with Thailand at +3.2% per month, and South Korea at +0.6% per month.