Japan: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Japan

The Japanese carrot and turnip market was estimated at $X in 2022, growing by 9% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Carrot And Turnip Production in Japan

In value terms, carrot and turnip production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 205%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average carrot and turnip yield in Japan amounted to X tons per ha, remaining relatively unchanged against 2021 figures. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by 5.4%. The carrot and turnip yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The carrot and turnip harvested area in Japan shrank modestly to X ha in 2022, approximately equating 2021. In general, the harvested area saw a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.2%. The carrot and turnip harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Carrot And Turnip Exports

Exports from Japan

In 2022, after three years of decline, there was significant growth in shipments abroad of carrots and turnips, when their volume increased by 13% to X tons. Over the period under review, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of 599%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, carrot and turnip exports surged to $X in 2022. Overall, exports posted notable growth. The most prominent rate of growth was recorded in 2015 with an increase of 505% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons) was the main destination for carrot and turnip exports from Japan, accounting for a 76% share of total exports. Moreover, carrot and turnip exports to Hong Kong SAR exceeded the volume sent to the second major destination, Singapore (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to +35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+25.2% per year) and Taiwan (Chinese) (-31.2% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for carrots and turnips exports from Japan, comprising 73% of total exports. The second position in the ranking was held by Singapore ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR totaled +31.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+21.4% per year) and Taiwan (Chinese) (-28.4% per year).

Export Prices by Country

The average carrot and turnip export price stood at $X per ton in 2022, picking up by 4.4% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 210%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.1%), while the prices for the other major destinations experienced a decline.

Carrot And Turnip Imports

Imports into Japan

In 2022, the amount of carrots and turnips imported into Japan reduced to X tons, waning by -6.7% compared with the previous year's figure. In general, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 30%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, carrot and turnip imports fell to $X in 2022. Over the period under review, imports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 65% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main carrot and turnip supplier to Japan, accounting for a 97% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 1.4% share of total imports. The third position in this ranking was held by Australia (X tons), with a 1.4% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.2% per year) and Australia (-10.6% per year).

In value terms, China ($X) constituted the largest supplier of carrots and turnips to Japan, comprising 94% of total imports. The second position in the ranking was taken by Australia ($X), with a 3.1% share of total imports. It was followed by Taiwan (Chinese), with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-9.7% per year) and Taiwan (Chinese) (-16.5% per year).

Import Prices by Country

In 2022, the average carrot and turnip import price amounted to $X per ton, remaining constant against the previous year. Overall, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Australia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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