Slovenia: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Slovenia

In 2023, after two years of decline, there was significant growth in the Slovene carrot and turnip market, when its value increased by X% to $X. In general, the total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Carrot And Turnip Production in Slovenia

In value terms, carrot and turnip production contracted to $X in 2023 estimated in export price. In general, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Carrot and turnip production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

The average yield of carrots and turnips in Slovenia skyrocketed to X tons per ha in 2023, surging by X% compared with the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. The carrot and turnip yield peaked at X tons per ha in 2020; however, from 2021 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 harvested area of carrots and turnips in Slovenia fell slightly to X ha, declining by X% compared with the year before. Over the period under review, the harvested area, however, posted a measured increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the harvested area dedicated to carrot and turnip production attained the peak figure at X ha in 2016; however, from 2017 to 2023, the harvested area failed to regain momentum.

Carrot And Turnip Exports

Exports from Slovenia

In 2023, the amount of carrots and turnips exported from Slovenia skyrocketed to X tons, growing by X% on the year before. Overall, exports continue to indicate moderate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carrot and turnip exports soared to $X in 2023. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are likely to see gradual growth in the near future.

Exports by Country

Poland (X tons) was the main destination for carrot and turnip exports from Slovenia, with a X% share of total exports. Moreover, carrot and turnip exports to Poland exceeded the volume sent to the second major destination, Ukraine (X tons), threefold. The third position in this ranking was held by Hungary (X tons), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Hungary (X% per year).

In value terms, Poland ($X) emerged as the key foreign market for carrots and turnips exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Croatia ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2023, the average carrot and turnip export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Ukraine ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Slovenia

In 2023, after three years of decline, there was significant growth in purchases abroad of carrots and turnips, when their volume increased by X% to X tons. Over the period under review, total imports indicated modest growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, carrot and turnip imports surged to $X in 2023. Overall, total imports indicated a noticeable increase 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Egypt (X tons) constituted the largest carrot and turnip supplier to Slovenia, accounting for a X% share of total imports. Moreover, carrot and turnip imports from Egypt exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Israel (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Egypt ($X), Italy ($X) and Austria ($X) were the largest carrot and turnip suppliers to Slovenia, together comprising X% of total imports.

In terms of the main suppliers, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average carrot and turnip import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform