Uruguay: Carrot And Turnip Market 2025

Carrot And Turnip Market Size in Uruguay

The Uruguayan carrot and turnip market declined slightly to $X in 2022, falling by -3.6% against the previous year. Over the period under review, consumption showed a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Carrot And Turnip Production in Uruguay

In value terms, carrot and turnip production reduced slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 19%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

The average yield of carrots and turnips in Uruguay reduced slightly to X tons per ha in 2022, leveling off at the previous year's figure. Over the period under review, the yield indicated measured growth from 2012 to 2022: its figure increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carrot and turnip yield increased by +17.4% against 2017 indices. The pace of growth was the most pronounced in 2014 with an increase of 73% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 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 Uruguay; remaining relatively unchanged against the previous year. In general, the harvested area, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 81%. Over the period under review, the harvested area dedicated to carrot and turnip production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Carrot And Turnip Exports

Exports from Uruguay

In 2022, overseas shipments of carrots and turnips increased by 2.6% to X tons, rising for the second consecutive year after two years of decline. Overall, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +8.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 116%. 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 expanded notably to $X in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.9% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 108%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for carrot and turnip exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +11.5%.

In value terms, the UK ($X) also remains the key foreign market for carrots and turnips exports from Uruguay.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +9.4%.

Export Prices by Country

In 2022, the average carrot and turnip export price amounted to $X per ton, rising by 5.5% against the previous year. In general, the export price, however, showed a slight slump. The pace of growth was the most pronounced in 2021 an increase of 44% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +4.4% per year.

Carrot And Turnip Imports

Imports into Uruguay

In 2022, the amount of carrots and turnips imported into Uruguay reduced dramatically to X tons, shrinking by -20.1% against the previous year's figure. In general, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2014 with an increase of 527%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, carrot and turnip imports dropped to $X in 2022. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 808% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest carrot and turnip supplier to Uruguay, with a 89% share of total imports. Moreover, carrot and turnip imports from Argentina exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina stood at -24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-28.3% per year) and Brazil (-38.1% per year).

In value terms, Chile ($X), Argentina ($X) and Brazil ($X) were the largest carrot and turnip suppliers to Uruguay.

Among the main suppliers, Chile, with a CAGR of -10.0%, 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 a decline.

Import Prices by Country

The average carrot and turnip import price stood at $X per ton in 2022, with an increase of 18% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carrot and turnip import price increased by +132.7% against 2012 indices. The most prominent rate of growth was recorded in 2014 an increase of 45%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+31.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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