Carrot And Turnip Market Overview in Iran

In 2019, the Iranian carrot and turnip market decreased by -% to $, falling for the third year in a row after two years of growth. Over the period under review, consumption recorded a noticeable descent. The growth pace was the most rapid in 2013 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2009; however, from 2010 to 2019, consumption remained at a lower figure.

In value terms, carrot and turnip production declined to $ in 2019 estimated in export prices. Overall, production showed a noticeable descent. The pace of growth appeared the most rapid in 2013 with an increase of % against the previous year. Carrot and turnip production peaked at $ in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

In 2019, the average carrot and turnip yield in Iran totaled tonnes per ha, approximately mirroring the previous year. In general, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of % y-o-y. The carrot and turnip yield peaked at tonnes per ha in 2014; however, from 2015 to 2019, the yield stood 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 2019, approx. ha of carrots and turnips were harvested in Iran; with a decrease of -% compared with 2018. Over the period under review, the harvested area continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2015 when the harvested area increased by % year-to-year. The carrot and turnip harvested area peaked at ha in 2009; however, from 2010 to 2019, the harvested area failed to regain the momentum.

In 2019, consumption of carrots and turnips decreased by -% to tonnes, falling for the third consecutive year after two years of growth. In general, consumption saw a pronounced slump. The pace of growth was the most pronounced in 2013 when the consumption volume increased by % against the previous year. Carrot and turnip consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

The size of the carrot and turnip market in Iran reduced to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 with an increase of % y-o-y. Over the period under review, the market reached the maximum level at $ in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Depressed by shrinking demand for carrot and turnip in Iran, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .

Over the period under review, imports of carrot and turnip in Iran were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for carrot and turnip.

This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.