Ethiopia - Carrots and Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEthiopia: Carrot And Turnip Market 2024
Carrot And Turnip Market Size in Ethiopia
In 2023, after four years of growth, there was significant decline in the Ethiopian carrot and turnip market, when its value decreased by X% to $X. In general, consumption, however, saw a significant increase. Carrot and turnip consumption peaked at $X in 2022, and then declined in the following year.
Carrot And Turnip Production in Ethiopia
In value terms, carrot and turnip production expanded sharply to $X in 2023 estimated in export price. Overall, production enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Carrot and turnip production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
In 2023, the average yield of carrots and turnips in Ethiopia reached X tons per ha, rising by X% compared with 2022. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. Over the period under review, the average carrot and turnip yield attained the maximum level at X tons per ha in 2020; however, from 2021 to 2023, the yield remained at a lower figure. 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 Ethiopia shrank modestly to X ha in 2023, which is down by X% against the previous year. Over the period under review, the harvested area, however, posted a resilient increase. The growth pace was the most rapid in 2014 with an increase of X%. The carrot and turnip harvested area peaked at X ha in 2022, and then dropped modestly in the following year.
Carrot And Turnip Exports
Exports from Ethiopia
In 2023, overseas shipments of carrots and turnips were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.
In value terms, carrot and turnip exports skyrocketed to $X in 2023. Overall, exports recorded resilient growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.
Exports by Country
Somalia (X tons) was the main destination for carrot and turnip exports from Ethiopia, with a X% share of total exports. Moreover, carrot and turnip exports to Somalia exceeded the volume sent to the second major destination, Djibouti (X tons), more than tenfold.
From 2012 to 2023, the average annual growth rate of volume to Somalia amounted to X%.
In value terms, Somalia ($X) remains the key foreign market for carrots and turnips exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by Djibouti ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Somalia totaled X%.
Export Prices by Country
The average carrot and turnip export price stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2022, and then fell slightly in the following year.
Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Djibouti amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (X%).
Carrot And Turnip Imports
Imports into Ethiopia
In 2023, supplies from abroad of carrots and turnips decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, carrot and turnip imports amounted to $X in 2023. Over the period under review, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of carrot and turnip to Ethiopia, accounting for a X% share of total imports. Moreover, carrot and turnip imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold.
From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Africa (X% per year).
In value terms, Germany ($X) constituted the largest supplier of carrots and turnips to Ethiopia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Africa (X% per year).
Import Prices by Country
In 2023, the average carrot and turnip import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the carrot and turnip market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 426 - Carrot
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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