Lithuania: Carrot And Turnip Market 2024

Carrot And Turnip Market Size in Lithuania

The Lithuanian carrot and turnip market surged to $X in 2023, jumping by X% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. Carrot and turnip consumption peaked at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Carrot And Turnip Production in Lithuania

In value terms, carrot and turnip production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, saw a deep contraction. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

In 2023, the average yield of carrots and turnips in Lithuania was estimated at X tons per ha, picking up by X% against 2022. In general, the yield recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2022 to 2023, 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 2023, approx. X ha of carrots and turnips were harvested in Lithuania; remaining stable against the previous year. Over the period under review, the harvested area, however, showed a noticeable descent. The pace of growth was the most pronounced in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to carrot and turnip production reached the peak figure at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Carrot And Turnip Exports

Exports from Lithuania

Carrot and turnip exports from Lithuania skyrocketed to X tons in 2023, jumping by X% on the previous year's figure. In general, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, carrot and turnip exports soared to $X in 2023. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for carrot and turnip exports from Lithuania, with a X% share of total exports. Moreover, carrot and turnip exports to Latvia exceeded the volume sent to the second major destination, Estonia (X tons), fourfold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Poland (X% per year).

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

From 2012 to 2023, the average annual growth rate of value to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the average carrot and turnip export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carrot And Turnip Imports

Imports into Lithuania

In 2023, the amount of carrots and turnips imported into Lithuania soared to X tons, jumping by X% on 2022. In general, imports saw a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carrot and turnip imports skyrocketed to $X in 2023. Over the period under review, imports showed temperate growth. Imports peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Poland (X tons) constituted the largest carrot and turnip supplier to Lithuania, with a X% share of total imports. Moreover, carrot and turnip imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

In value terms, Poland ($X), Latvia ($X) and Italy ($X) were the largest carrot and turnip suppliers to Lithuania, with a combined X% share of total imports. The Netherlands, Germany, France and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carrot and turnip import price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the import price enjoyed a noticeable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform