Australia and Oceania: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Australia and Oceania

The carrot and turnip market in Australia and Oceania stood at $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a mild downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Carrot And Turnip Production in Australia and Oceania

In value terms, carrot and turnip production reached $X in 2023 estimated in export price. Overall, production, however, continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Australia (X tons) remains the largest carrot and turnip producing country in Australia and Oceania, comprising approx. X% of total volume. Moreover, carrot and turnip production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), fourfold.

In Australia, carrot and turnip production remained relatively stable over the period from 2012-2023.

The average carrot and turnip yield shrank modestly to X tons per ha in 2023, therefore, remained relatively stable against 2022 figures. In general, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2023, the growth of the carrot and turnip yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the carrot and turnip harvested area in Australia and Oceania totaled X ha, increasing by X% compared with the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to carrot and turnip production reached the maximum at X ha in 2017; however, from 2018 to 2023, the harvested area failed to regain momentum.

Carrot And Turnip Exports

Exports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded decline in shipments abroad of carrots and turnips, which decreased by X% to X tons in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, carrot and turnip exports fell to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, amounting to X tons, which was near X% of total exports in 2023. New Zealand (X tons) held a little share of total exports.

Australia was also the fastest-growing in terms of the carrots and turnips exports, with a CAGR of X% from 2012 to 2023. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Australia ($X) remains the largest carrot and turnip supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, carrot and turnip exports remained relatively stable over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a slight contraction. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Carrot And Turnip Imports

Imports in Australia and Oceania

In 2023, purchases abroad of carrots and turnips increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, carrot and turnip imports shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2023, Fiji (X tons) represented the largest importer of carrots and turnips, constituting X% of total imports. French Polynesia (X tons) ranks second in terms of the total imports with a X% share, followed by New Caledonia (X%) and Samoa (X%). The following importers - Papua New Guinea (X tons), Vanuatu (X tons) and Tonga (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to carrot and turnip imports into Fiji stood at X%. At the same time, Tonga (X%), Samoa (X%), New Caledonia (X%) and Vanuatu (X%) displayed positive paces of growth. Moreover, Tonga emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. French Polynesia experienced a relatively flat trend pattern. By contrast, Papua New Guinea (X%) illustrated a downward trend over the same period. While the share of French Polynesia (X p.p.) and Papua New Guinea (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Fiji ($X) constitutes the largest market for imported carrots and turnips in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by French Polynesia ($X), with an X% share of total imports. It was followed by New Caledonia, with a X% share.

In Fiji, carrot and turnip imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: French Polynesia (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Fiji ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Fiji (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform