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U.S. - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

U.S. - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights

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Jul 13, 2021

American Carrot and Turnip Market Plummeted During the Pandemic

IndexBox has just published a new report: 'U.S. - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The American carrot and turnip market decreased by -7% to $1.8B in 2020. This slump was due to lower demand from the HoReCa sector hampered by the pandemic. The domestic production dropped in line with the demand, with the harvested area reduced by -3.3% y-o-y. Imports also plunged, while export remained stable despite the drop in output. Mexico, Canada and Israel continue to supply the majority of the U.S. carrot and turnip imports, but overall, the market is dominated by domestic producers.

Market Size

After eight years of growth, the U.S. carrot and turnip market decreased by -6.6% to $1.8B in 2020. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2020. Carrot and turnip consumption peaked at $1.9B in 2019, and then reduced in the following year.

Production in the U.S.

In 2020, after two years of growth, there was a significant decline in the production of carrots and turnips, when its volume decreased by -6% to 1.4M tons. In value terms, carrot and turnip production declined to $1.6B in 2020.

The decline in domestic production was caused by the reduction of harvested area in the U.S., which shrank to 31K ha, waning by -3.3% on the previous year's figure.

Imports into the U.S.

In 2020, supplies from abroad of carrots and turnips decreased by -7.3% to 212K tons for the first time since 2017, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2020. In value terms, carrot and turnip imports dropped to $113M in 2020.

Mexico (108K tons), Canada (87K tons) and Israel (13K tons) were the main suppliers of carrot and turnip imports to the U.S., with a combined 98% share of total imports.

In value terms, the largest carrot and turnip suppliers to the U.S. were Canada ($51M), Mexico ($45M) and Israel ($7M), together comprising 92% of total imports.

In 2020, the average carrot and turnip import price amounted to $531 per ton, with a decrease of -1.8% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +2.2%. Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Canada ($588 per ton), while the price for Mexico ($421 per ton) was amongst the lowest.

Exports from the U.S.

In 2020, approx. 104K tons of carrots and turnips were exported from the U.S.; approximately equating to 2019 figures. In value terms, carrot and turnip exports reduced slightly to $120M (IndexBox estimates) in 2020.

Canada (92K tons) was the main destination for carrot and turnip exports from the U.S., accounting for an 89% share of total exports. Moreover, carrot and turnip exports to Canada exceeded the volume sent to the second major destination, Mexico (8.8K tons), more than tenfold.

In value terms, Canada ($105M) remains the key foreign market for carrot and turnip exports from the U.S., comprising 88% of total exports. The second position in the ranking was occupied by Mexico ($9.6M), with an 8% share of total exports.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carrot and turnip market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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