Austria: Artichoke Market 2022

Artichoke Market Size in Austria

In 2020, the Austrian artichoke market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Over the period under review, consumption showed a deep downturn. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Artichoke Exports

Exports from Austria

In 2020, exports of artichokes from Austria skyrocketed to X tonnes, growing by X% on 2019 figures. In general, exports recorded buoyant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

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

Exports by Country

Germany (X tonnes) was the main destination for artichoke exports from Austria, with a X% share of total exports. Moreover, artichoke exports to Germany exceeded the volume sent to the second major destination, Slovenia (X kg), tenfold. Slovakia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Slovakia (+X% per year).

In value terms, Germany ($X) remains the key foreign market for artichoke exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Slovenia ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2020, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Slovakia (+X% per year).

Export Prices by Country

In 2020, the average artichoke export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2019, and then declined remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Slovenia ($X per tonne), while the average price for exports to Hungary ($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 Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Artichoke Imports

Imports into Austria

In 2020, the amount of artichokes imported into Austria reduced dramatically to X tonnes, which is down by -X% on the previous year's figure. Over the period under review, imports showed a drastic downturn. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, artichoke imports fell sharply to $X in 2020. In general, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Italy (X tonnes) constituted the largest artichoke supplier to Austria, with a X% share of total imports. Moreover, artichoke imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tonnes), threefold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2012 to 2020, the average annual growth rate of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Spain (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of artichoke to Austria, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the last eight years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform