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Asia - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Artichoke Market Overview 2021

Artichoke Market Size in Asia

In 2020, the Asian artichoke market was finally on the rise to reach $X after two years of decline. Overall, consumption showed a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Artichoke Production in Asia

In value terms, artichoke production surged to $X in 2020 estimated in export prices. Over the period under review, production recorded a abrupt downturn. The level of production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

China (X tonnes) constituted the country with the largest volume of artichoke production, accounting for X% of total volume. Moreover, artichoke production in China exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), twofold. The third position in this ranking was occupied by Iran (X tonnes), with a X% share.

In China, artichoke production increased at an average annual rate of +X% over the period from 2012-2020. in the other countries, the average annual rates were as follows: Turkey (+X% per year) and Iran (+X% per year).

The average artichoke yield stood at X tonnes per ha in 2020, almost unchanged from the year before. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tonnes per ha. from 2019 to 2020, the growth of the artichoke yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The artichoke harvested area totaled X ha in 2020, leveling off at the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to artichoke production reached the peak figure in 2020 and is expected to retain growth in years to come.

Production by Country in Asia

China (X tonnes) remains the largest artichoke producing country in Asia, accounting for X% of total volume. Moreover, artichoke production in China exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), twofold. Iran (X tonnes) ranked third in terms of total production with a X% share.

In China, artichoke production expanded at an average annual rate of +X% over the period from 2012-2020. in the other countries, the average annual rates were as follows: Turkey (+X% per year) and Iran (+X% per year).

Artichoke Exports

Exports in Asia

Artichoke exports fell significantly to X tonnes in 2020, dropping by -X% on the previous year. Total exports indicated a slight expansion from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, artichoke exports dropped significantly to $X in 2020. Total exports indicated a tangible increase from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Iran represented the key exporter of artichokes in Asia, with the volume of exports accounting for X tonnes, which was approx. X% of total exports in 2020. Singapore (X tonnes) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%), Oman (X%) and Lebanon (X%). Israel (X tonnes) and Jordan (X tonnes) occupied a minor share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Singapore (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest artichoke supplying countries in Asia were Singapore ($X), Iran ($X) and Israel ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Iran recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the artichoke export price in Asia amounted to $X per tonne, with an increase of X% against the previous year. Export price indicated a pronounced increase from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, artichoke export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Israel ($X per tonne), while Oman ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other leaders experienced more modest paces of growth.

Artichoke Imports

Imports in Asia

In 2020, purchases abroad of artichokes was finally on the rise to reach X tonnes for the first time since 2015, thus ending a four-year declining trend. in general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. from 2014 to 2020, the growth imports remained at a lower figure.

In value terms, artichoke imports shrank to $X in 2020. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Lebanon was the key importer of artichokes in Asia, with the volume of imports accounting for X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by Turkey (X tonnes), achieving a X% share of total imports. The following importers - the United Arab Emirates (X tonnes) and Singapore (X tonnes) - together made up X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Singapore, while imports for the other leaders experienced a decline in the imports figures.

In value terms, Turkey ($X) constitutes the largest market for imported artichokes in Asia, comprising X% of total imports. The second position in the ranking was occupied by Lebanon ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value in Turkey stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Lebanon (-X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

In 2020, the artichoke import price in Asia amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2019, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was Singapore ($X per tonne), while Lebanon ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artichokes in Asia?
+
China (96K tonnes) constituted the country with the largest volume of artichoke consumption, accounting for 55% of total volume. Moreover, artichoke consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (40K tonnes), twofold. The third position in this ranking was occupied by Iran (20K tonnes), with a 11% share.
What are the largest producers of artichokes in Asia?
+
The country with the largest volume of artichoke production was China (96K tonnes), accounting for 55% of total volume. Moreover, artichoke production in China exceeded the figures recorded by the second-largest producer, Turkey (40K tonnes), twofold. Iran (20K tonnes) ranked third in terms of total production with a 12% share.
What are the leading exporters of artichokes in Asia?
+
In value terms, Singapore ($142K), Iran ($106K) and Israel ($72K) constituted the countries with the highest levels of exports in 2020, with a combined 65% share of total exports.
What are the leading importers of artichokes in Asia?
+
In value terms, Turkey ($825K) constitutes the largest market for imported artichokes in Asia, comprising 57% of total imports. The second position in the ranking was occupied by Lebanon ($204K), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 7% share.
What is the average export price for artichokes in Asia?
+
In 2020, the artichoke export price in Asia amounted to $1,358 per tonne, surging by 1.7% against the previous year.
What is the average import price for artichokes in Asia?
+
The artichoke import price in Asia stood at $1,377 per tonne in 2020, which is down by -22% against the previous year.

Product coverage:
• FCL 366 - Artichokes

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


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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

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. 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. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
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

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
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, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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