Austria: Artichoke Market Overview 2021

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. Overall, consumption showed a noticeable contraction. The pace of growth was the most pronounced 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 failed to regain the momentum.

Artichoke Exports

Exports from Austria

In 2020, approx. X tonnes of artichokes were exported from Austria; rising by X% against the previous year's figure. Over the period under review, exports continue to indicate a buoyant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artichoke exports skyrocketed to $X in 2020. In general, exports saw a prominent expansion. 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. The third position in this ranking was occupied by Slovakia (X kg), with a X% share.

From 2012 to 2020, the average annual growth rate 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 rate of growth in terms of value to Germany totaled +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. Over the period from 2012 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2019, and then reduced in the following year.

There were significant differences in the average prices for the major external 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

Artichoke imports into Austria contracted rapidly to X tonnes in 2020, which is down by -X% compared with 2019. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, artichoke imports dropped significantly to $X in 2020. Over the period under review, imports showed a pronounced contraction. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Italy (X tonnes) constituted the largest artichoke supplier to Austria, accounting for a X% share of total imports. Moreover, artichoke imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tonnes), threefold. Spain (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume 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).

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 growth rate 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

In 2020, the average artichoke import price amounted to $X per tonne, growing by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; 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