Slovakia: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Slovakia

The Slovak carrot and turnip market contracted to $X in 2022, which is down by -14.5% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Carrot and turnip consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Carrot And Turnip Production in Slovakia

In value terms, carrot and turnip production totaled $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 87% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average yield of carrots and turnips in Slovakia contracted to X tons per ha, shrinking by -5.2% compared with the previous year. Overall, the yield, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2019 when the yield increased by 92%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average carrot and turnip yield remained 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 2022, approx. X ha of carrots and turnips were harvested in Slovakia; which is down by -2.9% against 2021. Overall, the harvested area recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, the harvested area dedicated to carrot and turnip production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Carrot And Turnip Exports

Exports from Slovakia

In 2022, shipments abroad of carrots and turnips increased by 22% to X tons, rising for the second year in a row after two years of decline. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 375%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, carrot and turnip exports totaled $X in 2022. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 306%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for carrot and turnip exports from Slovakia, with a 93% share of total exports. Moreover, carrot and turnip exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic amounted to +19.1%.

In value terms, the Czech Republic ($X) remains the key foreign market for carrots and turnips exports from Slovakia, comprising 92% of total exports. The second position in the ranking was taken by Hungary ($X), with a 6.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic totaled +10.1%.

Export Prices by Country

In 2022, the average carrot and turnip export price amounted to $X per ton, falling by -15.4% against the previous year. Overall, the export price recorded a noticeable shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 21%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.8%).

Carrot And Turnip Imports

Imports into Slovakia

In 2022, approx. X tons of carrots and turnips were imported into Slovakia; waning by -13.3% against 2021 figures. In general, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of 38%. 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 fell to $X in 2022. Over the period under review, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 with an increase of 84% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of carrot and turnip imports to Slovakia, together accounting for 69% of total imports. The Czech Republic, Germany, Hungary and Austria lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +22.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Italy ($X) and Poland ($X) constituted the largest carrot and turnip suppliers to Slovakia, with a combined 60% share of total imports. The Czech Republic, Germany, Hungary and Austria lagged somewhat behind, together comprising a further 22%.

Among the main suppliers, Hungary, with a CAGR of +35.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average carrot and turnip import price stood at $X per ton in 2022, reducing by -1.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 34%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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