Sweden: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Sweden

In 2022, after three years of growth, there was decline in the Swedish carrot and turnip market, when its value decreased by -0.6% to $X. In general, consumption saw a abrupt slump. 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 Sweden

In value terms, carrot and turnip production stood at $X in 2022 estimated in export price. Overall, production saw a deep contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by 134% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The average yield of carrots and turnips in Sweden declined modestly to X tons per ha in 2022, falling by -2.2% compared with the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 19%. Over the period under review, the average carrot and turnip yield reached the peak level at X tons per ha in 2021, and then fell slightly 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.

In 2022, the total area harvested in terms of carrots and turnips production in Sweden amounted to X ha, remaining stable against 2021 figures. Overall, the harvested area, however, saw a mild decrease. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 7.8% against the previous year. The carrot and turnip harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Sweden

In 2022, after two years of growth, there was significant decline in overseas shipments of carrots and turnips, when their volume decreased by -30.7% to X tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 282% against the previous year. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, carrot and turnip exports reduced sharply to $X in 2022. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 133%. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Denmark (X tons) was the main destination for carrot and turnip exports from Sweden, with a 91% share of total exports. Moreover, carrot and turnip exports to Denmark exceeded the volume sent to the second major destination, Latvia (X tons), more than tenfold. The third position in this ranking was held by Norway (X tons), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark totaled +37.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+16.1% per year) and Norway (-16.1% per year).

In value terms, Denmark ($X) remains the key foreign market for carrots and turnips exports from Sweden, comprising 76% of total exports. The second position in the ranking was taken by Latvia ($X), with a 19% share of total exports. It was followed by Finland, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark stood at +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+16.9% per year) and Finland (+2.0% per year).

Export Prices by Country

In 2022, the average carrot and turnip export price amounted to $X per ton, with an increase of 20% against the previous year. In general, the export price, however, saw a abrupt descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 Finland ($X per ton), while the average price for exports to Norway ($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 Finland (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Carrot And Turnip Imports

Imports into Sweden

In 2022, supplies from abroad of carrots and turnips decreased by -4.9% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, carrot and turnip imports reduced rapidly to $X in 2022. Over the period under review, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2018 when imports increased by 56%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Denmark (X tons) were the main suppliers of carrot and turnip imports to Sweden, with a combined 89% share of total imports. Belgium, Germany and France lagged somewhat behind, together accounting for a further 9.8%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +39.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest carrot and turnip suppliers to Sweden were Denmark ($X), Italy ($X) and the Netherlands ($X), with a combined 86% share of total imports. Germany, Belgium and France lagged somewhat behind, together accounting for a further 12%.

In terms of the main suppliers, Belgium, with a CAGR of +29.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average carrot and turnip import price amounted to $X per ton, shrinking by -21.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2018 an increase of 25%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell notably in the following year.

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 Denmark ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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