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World - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Article Publishing Date: Apr 5, 2020

Global Artichoke Market to Reach 1.9M Tons by 2030

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.

The global artichoke market revenue amounted to $2.5B in 2018, rising by 2.4% 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, the global artichoke market reached its maximum level at $2.6B in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Consumption By Country

The countries with the highest volumes of artichoke consumption in 2018 were Italy (394K tons), Egypt (319K tons) and Spain (196K tons), together comprising 54% of global consumption. Peru, Algeria, Argentina and China lagged somewhat behind, together accounting for a further 28%.

From 2009 to 2018, the most notable rate of growth in terms of artichoke consumption, amongst the main consuming countries, was attained by 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 ($608M), Peru ($421M) and Egypt ($341M), with a combined 54% share of the global market. Spain, Argentina, Algeria and China lagged somewhat behind, together accounting for a further 26%.

The countries with the highest levels of artichoke per capita consumption in 2018 were Italy (6.62 kg per person), Peru (4.75 kg per person) and Spain (4.20 kg per person).

Market Forecast to 2030

Driven by increasing demand for artichoke worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.0% for the period from 2018 to 2030, which is projected to bring the market volume to 1.9M tons by the end of 2030.

Global Production 2009-2018

Global artichoke production totaled 1.7M tons in 2018, remaining constant against the previous year. The total output volume increased at an average annual rate of +1.1% over the period from 2009 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The general positive trend in terms of artichoke output was largely conditioned by a modest increase of the harvested area and slight growth in yield figures.

Production By Country

The countries with the highest volumes of artichoke production in 2018 were Italy (390K tons), Egypt (324K tons) and Spain (208K tons), together comprising 55% of global production. Peru, Algeria, Argentina, China, France and the U.S. lagged somewhat behind, together accounting for a further 34%.

Harvested Area and Yield 2009-2018

In 2018, the global artichoke harvested area stood at 127K ha, approximately mirroring the previous year. The global average yield of artichokes totaled 13 ton per ha, picking up by 2% against the previous year. The yield figure increased at an average annual rate of +1.3% over the period from 2009 to 2018.

Global Exports 2009-2018

In 2018, the amount of artichokes exported worldwide stood at 34K tons, waning by -11.5% against the previous year. In general, artichoke exports continue to indicate a temperate contraction. In value terms, artichoke exports amounted to $51M (IndexBox estimates) in 2018.

Exports by Country

Spain was the largest exporter of artichokes exported in the world, with the volume of exports amounting to 13K tons, which was near 36% of total exports in 2018. It was distantly followed by France (6.2K tons), Italy (4.8K tons), Egypt (4.6K tons), Mexico (2K tons) and the U.S. (2K tons), together creating a 57% share of total exports. The Netherlands (895 tons) followed a long way behind the leaders.

Spain experienced a relatively flat trend pattern with regard to volume of exports of artichokes exports. At the same time, Mexico (+17.0%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.0% from 2009-2018. France experienced a relatively flat trend pattern. By contrast, Italy (-4.4%), the U.S. (-7.1%), Egypt (-7.4%) and the Netherlands (-13.0%) illustrated a downward trend over the same period. While the share of Mexico (+4.4 p.p.) and Spain (+2.2 p.p.) increased significantly in terms of the global exports from 2009-2018, the share of the U.S. (-5.3 p.p.), the Netherlands (-6.5 p.p.), Italy (-7 p.p.) and Egypt (-13.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($16M), France ($11M) and Italy ($7.9M) were the countries with the highest levels of exports in 2018, with a combined 69% share of global exports. Egypt, the U.S., the Netherlands and Mexico lagged somewhat behind, together accounting for a further 26%.

Export Prices by Country

The average artichoke export price stood at $1,473 per ton in 2018, going down by -2.2% against the previous year. Over the period under review, the average export prices for artichokes reached their maximum at $1,681 per ton in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($3,423 per ton), while Mexico ($1,006 per ton) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, 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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