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

Artichoke Market Size in Australia

In 2020, the Australian artichoke market increased by X% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Artichoke Production in Australia

In value terms, artichoke production shrank significantly to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. Artichoke production peaked at $X in 2019, and then fell significantly in the following year.

In 2020, the average artichoke yield in Australia totaled X kg per ha, remaining constant against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. 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 in Australia was estimated at X ha in 2020, flattening at 2019. In general, the harvested area saw a relatively flat trend pattern.

Artichoke Exports

Exports from Australia

After four years of decline, shipments abroad of artichokes increased by X% to X tonnes in 2020. In general, total exports indicated prominent growth 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. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, artichoke exports dropped to $X in 2020. Overall, 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. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then fell in the following year.

Exports by Country

New Caledonia (X tonnes), Hong Kong SAR (X tonnes) and Thailand (X tonnes) were the main destinations of artichoke exports from Australia, together comprising X% of total exports. Singapore, Viet Nam, Malaysia and Indonesia lagged somewhat behind, together comprising a further X 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, New Caledonia ($X), Thailand ($X) and Hong Kong SAR ($X) appeared to be the largest markets for artichoke exported from Australia worldwide, together accounting for X% of total exports. Malaysia, Viet Nam, Singapore and Indonesia lagged somewhat behind, together comprising a further X terms of the main countries of destination, Singapore (+X% per year) recorded the highest rates of growth with regard to 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

The average artichoke export price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the export price showed a slight reduction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2019, and then shrank significantly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Singapore ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Artichoke Imports

Imports into Australia

In 2020, after four years of decline, there was significant growth in supplies from abroad of artichokes, when their volume increased by X% to X tonnes. In general, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artichoke imports skyrocketed to $X in 2020. Over the period under review, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Egypt (X tonnes) was the main artichoke supplier to Australia, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from Egypt amounted to +X%.

In value terms, Egypt ($X) constituted the largest supplier of artichoke to Australia.

From 2012 to 2020, the average annual growth rate of value from Egypt stood at +X%.

Import Prices by Country

In 2020, the average artichoke import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2020, the rate of growth in terms of prices for Egypt amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artichokes in the world?
+
The countries with the highest volumes of artichoke consumption in 2020 were Italy (379K tonnes), Egypt (308K tonnes) and Spain (187K tonnes), with a combined 54% share of global consumption. Algeria, Peru, Argentina, China, the U.S. and France lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of artichokes in the world?
+
The countries with the highest volumes of artichoke production in 2020 were Italy (372K tonnes), Egypt (311K tonnes) and Spain (198K tonnes), with a combined 54% share of global production. Algeria, Peru, Argentina, China and the U.S. lagged somewhat behind, together comprising a further 32%.
What are the leading suppliers of artichokes to Australia?
+
In value terms, Egypt ($11K) constituted the largest supplier of artichoke to Australia.
What are the leading importers of artichokes from Australia?
+
In value terms, the largest markets for artichoke exported from Australia were New Caledonia ($7K), Thailand ($6.1K) and Hong Kong SAR ($6.1K), with a combined 59% share of total exports. These countries were followed by Malaysia, Viet Nam, Singapore and Indonesia, which together accounted for a further 40%.
What is the average export price for artichokes in Australia?
+
In 2020, the average artichoke export price amounted to $3,822 per tonne, reducing by -31.7% against the previous year.
What is the average import price for artichokes in Australia?
+
In 2020, the average artichoke import price amounted to $4,072 per tonne, jumping by 17% against the previous year.

Product coverage:
• FCL 366 - Artichokes

This report provides an in-depth analysis of the artichoke market in Australia. 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:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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