CIS: Artichoke Market 2024

Artichoke Market Size in CIS

The CIS artichoke market contracted to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Artichoke Production in CIS

In value terms, artichoke production fell to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Uzbekistan (X tons) constituted the country with the largest volume of artichoke production, accounting for X% of total volume. Moreover, artichoke production in Uzbekistan exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume in Uzbekistan stood at X%.

The average artichoke yield amounted to X tons per ha in 2022, growing by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the yield increased by X%. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of artichokes were harvested in the CIS; approximately mirroring 2021 figures. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2016 to 2022, the growth of the artichoke harvested area remained at a lower figure.

Artichoke Exports

Exports in CIS

In 2022, shipments abroad of artichokes decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, artichoke exports declined significantly to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X tons), constituting a X% share of total exports.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest artichoke supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

In Belarus, artichoke exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded a modest increase. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Artichoke Imports

Imports in CIS

In 2022, approx. X tons of artichokes were imported in the CIS; declining by X% on 2021. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then reduced notably in the following year.

In value terms, artichoke imports declined notably to $X in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belarus represented the major importer of artichokes in the CIS, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Russia (X tons), committing a X% share of total imports. Kazakhstan (X tons) followed a long way behind the leaders.

Belarus was also the fastest-growing in terms of the artichokes imports, with a CAGR of X% from 2012 to 2022. Russia (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported artichokes in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a perceptible setback. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :