World - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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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

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 tons), Egypt (333K tons) and Spain (194K tons), 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 tons, 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 tons), Egypt (343K tons) and Spain (207K tons), 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 tons 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 tons. In general, imports, however, showed a relatively flat trend pattern. Global imports peaked at 55K tons 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 tons) and France (15K tons) represented roughly 59% of total imports of artichokes in 2019. Turkey (5.6K tons) 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 tons), Belgium (2K tons), Switzerland (1.3K tons), Canada (1.3K tons), the Netherlands (1K tons) and Lebanon (0.9K tons) - 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 ton 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 ton 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 ton), while Turkey ($117 per ton) 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.

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Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 366 - Artichokes

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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