Thailand - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingArtichoke Price in Thailand - 2023
Contents:
- Artichoke Price in Thailand (CIF) - 2022
- Artichoke Price in Thailand (FOB) - 2022
- Artichoke Imports in Thailand
- Artichoke Exports in Thailand
Artichoke Price in Thailand (CIF) - 2022
The average artichoke import price stood at $6,867 per ton in 2022, picking up by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The growth pace was the most rapid in 2013 an increase of 20%. Over the period under review, average import prices reached the peak figure at $6,931 per ton in 2018; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($8,130 per ton), while the price for France ($3,967 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Artichoke Price in Thailand (FOB) - 2022
The average artichoke export price stood at $1,000 per ton in 2022, approximately reflecting the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 64% against the previous year. As a result, the export price attained the peak level of $3,108 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +4.2% per year.
Artichoke Imports in Thailand
In 2022, overseas purchases of artichokes decreased by -14.6% to 4 tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2020 with an increase of 8.4% against the previous year. As a result, imports reached the peak of 5.4 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, artichoke imports totaled $28K in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 4.7% against the previous year. As a result, imports reached the peak of $29K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Artichoke in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 18.2 | 11.2 | 11.6 | 20.0 | 3.2% |
| France | 6.2 | 11.2 | 11.6 | 3.6 | -16.6% |
| Spain | 0.3 | 0.8 | 1.3 | 2.5 | 102.7% |
| Egypt | N/A | N/A | N/A | 1.1 | 0% |
| Italy | 3.0 | 4.8 | 2.7 | 0.4 | -48.9% |
| United States | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | N/A | 1.2 | N/A | N/A | 0% |
| Total | 28.1 | 29.4 | 27.2 | 27.5 | -0.7% |
Top Suppliers of Artichoke to Thailand in 2022:
- Australia (2463.0 kg)
- France (903.0 kg)
- Spain (340.0 kg)
- Egypt (253.0 kg)
- Italy (51.0 kg)
Artichoke Exports in Thailand
In 2022, shipments abroad of artichokes decreased by 0% to 1 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a precipitous descent. The smallest decline of 99.9% was in 2020.
In value terms, artichoke exports amounted to $1 in 2022. In general, exports faced a sharp downturn. The smallest decline of 99.9% was in 2020.
| Export of Artichoke in Thailand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 1.0 | 0% |
| Singapore | 1,968 | N/A | N/A | N/A | 0% |
| Lao People's Democratic Republic | 759 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,727 | N/A | N/A | 1.0 | -92.8% |
Top Export Markets for Artichoke from Thailand in 2022:
- Hong Kong SAR (1.0 kg)
This report provides an in-depth analysis of the artichoke market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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