Latest Report Update: Oct 28, 2021

China - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

China: Artichoke Market Overview 2021

Artichoke Market Size in China

The Chinese artichoke market was finally on the rise to reach $X in 2020, after two years of decline. Over the period under review, consumption recorded a drastic downturn. Artichoke consumption peaked at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Artichoke Production in China

In value terms, artichoke production soared to $X in 2020 estimated in export prices. Overall, production showed a abrupt decline. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

In 2020, the average artichoke yield in China reached X tonnes per ha, increasing by X% on 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 relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the average artichoke yield attained the maximum level in 2020 and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of artichokes in China totaled X ha, leveling off at 2019 figures. in general, the harvested area saw 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. The artichoke harvested area peaked in 2020 and is expected to retain growth in years to come.

Artichoke Exports

Exports from China

In 2020, shipments abroad of artichokes decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2014 to 2020, the growth exports remained at a lower figure.

In value terms, artichoke exports declined sharply to $X in 2020. in general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2014 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X tonnes) was the main destination for artichoke exports from China, accounting for a X% share of total exports. Moreover, artichoke exports to Nigeria exceeded the volume sent to the second major destination, Cambodia (X kg), sevenfold. The third position in this ranking was occupied by Senegal (X kg), with a X% share.

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

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

From 2012 to 2020, the average annual growth rate of value to Nigeria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Ireland (-X% per year).

Export Prices by Country

In 2020, the average artichoke export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. in 2020, the country with the highest price was Ireland ($X per tonne), while the average price for exports to Senegal ($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 Senegal, while the prices for the other major destinations experienced a decline.

Artichoke Imports

Imports into China

In 2020, overseas purchases of artichokes were finally on the rise to reach X kg for the first time since 2016, thus ending a three-year declining trend. in general, imports, however, continue to indicate a noticeable contraction. Imports peaked at X kg in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, artichoke imports totaled $X in 2020. Overall, imports, however, recorded a deep reduction. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Malaysia (X kg) was the main supplier of artichoke to China, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Malaysia was relatively modest.

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

From 2012 to 2020, the average annual growth rate of value from Malaysia was relatively modest.

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2020, flattening at the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Malaysia 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), together accounting for 54% of global consumption. These countries were followed by Algeria, Peru, Argentina, China, the U.S. and France, which together accounted 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 accounting for a further 32%.
What are the leading suppliers of artichokes to China?
+
In value terms, Malaysia ($385) constituted the largest supplier of artichoke to China.
What are the leading importers of artichokes from China?
+
In value terms, Nigeria ($1.9K) remains the key foreign market for artichoke exports from China, comprising 73% of total exports. The second position in the ranking was occupied by Cambodia ($337), with a 13% share of total exports. It was followed by Ireland, with a 4.7% share.
What is the average export price for artichokes in China?
+
In 2020, the average artichoke export price amounted to $1,086 per tonne, picking up by 12% against the previous year.
What is the average import price for artichokes in China?
+
In 2020, the average artichoke import price amounted to $2,362 per tonne, flattening at the previous year.

Product coverage:
• FCL 366 - Artichokes

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data