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

Artichoke Market Size in Belgium

The Belgian artichoke market was finally on the rise to reach $X in 2020, after two years of decline. In general, consumption recorded a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Artichoke Exports

Exports from Belgium

In 2020, overseas shipments of artichokes were finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2018 to 2020, the growth exports failed to regain the momentum.

In value terms, artichoke exports surged to $X in 2020. In general, exports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tonnes), Luxembourg (X tonnes) and France (X tonnes) were the main destinations of artichoke exports from Belgium, together accounting for X% of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced a decline.

In value terms, Luxembourg ($X), the Netherlands ($X) and France ($X) appeared to be the largest markets for artichoke exported from Belgium worldwide, together comprising X% of total exports.

Among the main countries of destination, the Netherlands recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average artichoke export price amounted to $X per tonne, standing approx. at the previous year. Over the period under review, export price indicated noticeable growth 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 decreased by -X% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

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

Artichoke Imports

Imports into Belgium

After two years of decline, overseas purchases of artichokes increased by X% to X tonnes in 2020. In general, imports posted a prominent expansion. Over the period under review, imports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, artichoke imports surged to $X in 2020. Overall, imports posted a buoyant increase. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

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

From 2012 to 2020, the average annual rate of growth in terms of volume from the Netherlands 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, the Netherlands ($X), France ($X) and Spain ($X) appeared to be the largest artichoke suppliers to Belgium, together comprising X% of total imports.

Among the main suppliers, the Netherlands (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the last eight years, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

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

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), together comprising 54% 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 Belgium?
+
In value terms, the largest artichoke suppliers to Belgium were the Netherlands ($2.8M), France ($1.9M) and Spain ($486K), together comprising 93% of total imports.
What are the leading importers of artichokes from Belgium?
+
In value terms, Luxembourg ($75K), the Netherlands ($60K) and France ($46K) constituted the largest markets for artichoke exported from Belgium worldwide, with a combined 93% share of total exports.
What is the average export price for artichokes in Belgium?
+
In 2020, the average artichoke export price amounted to $2,121 per tonne, approximately reflecting the previous year.
What is the average import price for artichokes in Belgium?
+
In 2020, the average artichoke import price amounted to $1,945 per tonne, surging by 10% against the previous year.

Product coverage:
• FCL 366 - Artichokes

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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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