Carrots and turnips market in Saint Vincent and the Grenadines

Earlier Report Observations

The market for fresh carrots and turnips in Saint Vincent and the Grenadines contracted significantly over the period from 2018 to 2023, with total volume falling from 683 metric tons to 399 metric tons. This represented a decline of over 40% across the five-year span, indicating a substantial reduction in domestic consumption and availability. The market's downward trajectory was not uniform, however, as it experienced a temporary rebound in 2020 before entering a phase of accelerated contraction.

A notable peak occurred in 2020 when the market volume reached 716 metric tons, driven primarily by an increase in imports. This expansion proved short-lived, as the following year saw a dramatic drop of over 30%, pulling the market size below 500 metric tons. The decline continued through 2022 and 2023, with the market shrinking by approximately 10% each year. Domestic production mirrored this negative trend, falling steadily from 542 metric tons in 2019 to 239 metric tons in 2023, while imports also retreated from their 2020 high.

Production carrots and turnips in Saint Vincent and the Grenadines

In kind, 2017-2020, t

Top producers of carrots and turnips, 2017-2020

World map of production of carrots and turnips, 2017-2020

In 2019, Saint Vincent and the Grenadines produced 542.0 t of carrots and turnips, marking the highest output on record. However, production declined by 5.0% in 2020, falling to 515.0 t.

Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2017-2020, t

Exports carrots and turnips from Saint Vincent and the Grenadines

Exports in kind, t

In 2019, Saint Vincent and the Grenadines exported 0.0 t of carrots and turnips, showing little change from 2018. Over the period from 2017 to 2019, exports dropped by 80.4%, which translates to an annualized decrease of 41.9%.

Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2017-2020, t

From 2017 to 2020, Montserrat and the British Virgin Islands were the sole destinations for carrots and turnips exports from Saint Vincent and the Grenadines, together accounting for 100.0% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Saint Vincent and the Grenadines in kind, 2017-2020

Exports in value, K $ US

In 2019, the value of carrots and turnips exports from Saint Vincent and the Grenadines was 0.0 K $ US, remaining largely unchanged from 2018. Between 2017 and 2019, export values fell by 80.4%, equivalent to an annualized decline of 41.9%.

Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2017-2020, K $ US

Between 2017 and 2020, Montserrat and the British Virgin Islands dominated the export value of carrots and turnips from Saint Vincent and the Grenadines, together representing 100.0% of total export earnings.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Saint Vincent and the Grenadines in value, 2017-2020

Imports carrots and turnips to Saint Vincent and the Grenadines

Imports in kind, t

After declining for two years, imports of carrots and turnips into Saint Vincent and the Grenadines rebounded in 2020, reaching 200.5 t, a 45.0% increase from 2019. The lowest import volume was recorded in 2019 at 138.3 t, following a 36.1% drop in 2018. Overall, from 2017 to 2020, imports decreased by 23.3%, with a compound annual growth rate (CAGR) of -8.5%.

Annual dynamics of product's imports to Saint Vincent and the Grenadines in kind, 2017-2020, t

From 2017 to 2020, the United States and Canada were the primary sources for carrots and turnips imports into Saint Vincent and the Grenadines, together making up 94.6% of total import volumes, while the remaining 5.4% came from various other countries.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Saint Vincent and the Grenadines in kind, 2017-2020

Imports in value, K $ US

Imports of carrots and turnips into Saint Vincent and the Grenadines grew for the second year in a row in 2020, with the value rising to 300.3 K $ US, up 21.5% from 2019. The lowest value was in 2018 at 234.3 K $ US, which saw a 1.5% decline. Over the 2017-2020 period, import values increased by 26.2%, corresponding to an annualized growth rate of 8.1%.

Annual dynamics of product's imports to Saint Vincent and the Grenadines in value, 2017-2020, K $ US

During 2017-2020, the United States and Canada accounted for 95.6% of the total import value of carrots and turnips into Saint Vincent and the Grenadines, with the rest distributed among other markets.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Saint Vincent and the Grenadines in value, 2017-2020