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World - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Sep 15, 2020

Italians Consume the Most Artichokes in the World, Together with France Being the Largest Importing Markets

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IndexBox has just published a new report: 'World - Artichokes - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

After two years of growth, the global artichoke market decreased by -8.1% to $2.2B in 2019. Global consumption peaked at $2.6B in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Consumption by Country

The countries with the highest volumes of artichoke consumption in 2019 were Italy (388K tonnes), Egypt (333K tonnes) and Spain (194K tonnes), together comprising 53% of global consumption. These countries were followed by Peru, Algeria, Argentina and China, which together accounted for a further 30%.

From 2013 to 2019, the biggest increases were in Algeria, while artichoke consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest artichoke markets worldwide were Italy ($405M), Egypt ($366M) and Spain ($275M), together comprising 47% of the global market. Peru, Algeria, Argentina and China lagged somewhat behind, together accounting for a further 31%.

The countries with the highest levels of artichoke per capita consumption in 2019 were Italy (6.51 kg per person), Peru (4.75 kg per person) and Spain (4.14 kg per person).

Production

In 2019, the production of artichokes increased by 2.2% to 1.7M tonnes, rising for the third consecutive year after three years of decline. The total output volume increased at an average annual rate of +1.1% over the period from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The general positive trend in terms output was largely conditioned by slight growth of the harvested area and a modest expansion in yield figures.

Production by Country

The countries with the highest volumes of artichoke production in 2019 were Italy (383K tonnes), Egypt (343K tonnes) and Spain (207K tonnes), with a combined 54% share of global production. These countries were followed by Peru, Algeria, Argentina, China, France and the U.S., which together accounted for a further 35%.

From 2013 to 2019, the most notable rate of growth in terms of artichoke production, amongst the main producing countries, was attained by Algeria, while artichoke production for the other global leaders experienced more modest paces of growth.

Harvested Area and Yield

The global artichoke harvested area stood at 128K ha in 2019, almost unchanged from the year before. In general, the harvested area, however, recorded a relatively flat trend pattern. 

The global average artichoke yield expanded slightly to 13 tonnes per ha in 2019, picking up by 1.7% compared with 2018 figures. The yield figure increased at an average annual rate of +1.2% over the period from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. 

Imports

In 2019, global imports of artichokes surged to 53K tonnes. In general, imports, however, showed a relatively flat trend pattern. Global imports peaked at 55K tonnes in 2013; however, from 2014 to 2019, imports failed to regain momentum.

In value terms, artichoke imports reached $72M (IndexBox estimates) in 2019. Overall, imports, however, saw a perceptible decline. Global imports peaked at $83M in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

Italy (16K tonnes) and France (15K tonnes) represented roughly 59% of total imports of artichokes in 2019. Turkey (5.6K tonnes) ranks next in terms of the total imports with a 11% share, followed by Germany (5.6%). The following importers - the U.S. (2.2K tonnes), Belgium (2K tonnes), Switzerland (1.3K tonnes), Canada (1.3K tonnes), the Netherlands (1K tonnes) and Lebanon (0.9K tonnes) - together made up 17% of total imports.

From 2013 to 2019, the biggest increases were in Italy, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest artichoke importing markets worldwide were France ($23M), Italy ($19M) and Belgium ($5.4M), together comprising 66% of global imports.

Import Prices by Country

The average artichoke import price stood at $1,374 per tonne in 2019, approximately reflecting the previous year. Overall, the import price, however, showed a slight reduction. The pace of growth was the most pronounced in 2017 an increase of 7% year-to-year. Over the period under review, average import prices hit record highs at $1,507 per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($3,076 per tonne), while Turkey ($117 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 366 - Artichokes

This report provides an in-depth analysis of the global artichoke market. 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 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007-2019
Table 7:
Yield, By Country, 2007-2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007-2019
Figure 25:
Yield, By Country, 2007-2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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