Carrot And Turnip Market in Israel
In value terms, carrot and turnip production expanded notably to $ in estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Over the period under review, production reached the peak level in and is likely to see gradual growth in the immediate term.
The average yield of carrots and turnips in Israel rose modestly to tonnes per ha in , increasing by % compared with the year before. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the yield increased by % year-to-year. Over the period under review, the average carrot and turnip yield reached the peak level at tonnes per ha in 2007; however, from 2008 to , 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 , the harvested area of carrots and turnips in Israel rose modestly to ha, picking up by % compared with the previous year. The harvested area increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the harvested area increased by % against the previous year. Over the period under review, the harvested area dedicated to carrot and turnip production attained the peak figure at ha in 2013; however, from 2014 to , the harvested area remained at a lower figure.
The revenue of the carrot and turnip market in Israel soared to $ in , jumping 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). Overall, consumption continues to indicate a temperate increase. The pace of growth was the most pronounced in 2012 with an increase of % y-o-y. Over the period under review, the market attained the peak level in and is expected to retain growth in years to come.