Scandinavia: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Scandinavia

The Scandinavia carrot and turnip market totaled $X in 2022, leveling off at the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Carrot And Turnip Production in Scandinavia

In value terms, carrot and turnip production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 40% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Sweden (X tons), Finland (X tons) and Norway (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Finland (with a CAGR of +3.5%), while production for the other leaders experienced mixed trends in the production figures.

In 2022, the average yield of carrots and turnips in Scandinavia was estimated at X tons per ha, remaining relatively unchanged against the previous year. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the yield increased by 13%. Over the period under review, the carrot and turnip yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the 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 2022, the carrot and turnip harvested area in Scandinavia shrank modestly to X ha, remaining constant against 2021 figures. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the harvested area increased by 5.8%. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the carrot and turnip harvested area remained at a somewhat lower figure.

Carrot And Turnip Exports

Exports in Scandinavia

After two years of growth, shipments abroad of carrots and turnips decreased by -30.6% to X tons in 2022. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2018 with an increase of 281% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell sharply in the following year.

In value terms, carrot and turnip exports fell notably to $X in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 133%. The level of export peaked at $X in 2021, and then dropped notably in the following year.

Exports by Country

The shipments of the one major exporters of carrots and turnips, namely Sweden, represented more than two-thirds of total export.

Sweden was also the fastest-growing in terms of the carrots and turnips exports, with a CAGR of +20.8% from 2012 to 2022. Sweden (+11 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest carrot and turnip supplier in Scandinavia.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden amounted to +10.6%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, rising by 21% against the previous year. In general, the export price, however, recorded a abrupt decrease. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -8.5% per year.

Carrot And Turnip Imports

Imports in Scandinavia

In 2022, imports of carrots and turnips in Scandinavia dropped significantly to X tons, falling by -19.8% on 2021 figures. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 57% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, carrot and turnip imports contracted remarkably to $X in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 75% 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, Sweden (X tons) represented the major importer of carrots and turnips, generating 65% of total imports. Norway (X tons) took the second position in the ranking, followed by Finland (X tons). All these countries together held approx. 35% share of total imports.

Sweden was also the fastest-growing in terms of the carrots and turnips imports, with a CAGR of -5.5% from 2012 to 2022. Finland (-10.1%) and Norway (-13.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by +17 percentage points.

In value terms, Sweden ($X) constitutes the largest market for imported carrots and turnips in Scandinavia, comprising 56% of total imports. The second position in the ranking was taken by Norway ($X), with a 26% share of total imports.

In Sweden, carrot and turnip imports decreased by an average annual rate of -4.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (-11.7% per year) and Finland (-8.4% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, which is down by -8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 16%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform