Lithuania: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Lithuania

The Lithuanian carrot and turnip market fell to $X in 2022, waning by -11.4% against the previous year. In general, consumption showed a abrupt decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Carrot And Turnip Production in Lithuania

In value terms, carrot and turnip production fell markedly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 92% against the previous year. Carrot and turnip production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of carrots and turnips in Lithuania declined to X tons per ha, with a decrease of -13.9% on 2021. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by 37% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then fell in the following year. 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 Lithuania totaled X ha in 2022, surging by 2.4% on 2021 figures. Over the period under review, the harvested area, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 15%. Over the period under review, the harvested area dedicated to carrot and turnip production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Carrot And Turnip Exports

Exports from Lithuania

After two years of growth, overseas shipments of carrots and turnips decreased by -26% to X tons in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 47%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, carrot and turnip exports declined rapidly to $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 88%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for carrot and turnip exports from Lithuania, with a 76% share of total exports. Moreover, carrot and turnip exports to Latvia exceeded the volume sent to the second major destination, Estonia (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Latvia stood at +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+27.5% per year) and Poland (+60.9% per year).

In value terms, Latvia ($X) remains the key foreign market for carrots and turnips exports from Lithuania, comprising 77% of total exports. The second position in the ranking was taken by Estonia ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+16.6% per year) and Poland (+56.9% per year).

Export Prices by Country

In 2022, the average carrot and turnip export price amounted to $X per ton, reducing by -7.5% against the previous year. Over the period under review, the export price showed a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of 61%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Poland ($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 Russia (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Carrot And Turnip Imports

Imports into Lithuania

In 2022, imports of carrots and turnips into Lithuania shrank to X tons, falling by -8.1% on 2021. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 when imports increased by 61%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, carrot and turnip imports contracted sharply to $X in 2022. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 112% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of carrot and turnip imports to Lithuania, together comprising 82% of total imports. Latvia, Germany, Belgium and the Czech Republic lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Poland ($X) and the Netherlands ($X) constituted the largest carrot and turnip suppliers to Lithuania, with a combined 73% share of total imports. Italy, Germany, Belgium and the Czech Republic lagged somewhat behind, together accounting for a further 26%.

Germany, with a CAGR of +30.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carrot and turnip import price stood at $X per ton in 2022, which is down by -19.9% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+38.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform