Eastern Europe: Artichoke Market 2024

Artichoke Market Size in Eastern Europe

The East European artichoke market dropped slightly to $X in 2022, reducing by X% against the previous year. The total consumption indicated tangible growth 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, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Artichoke Production in Eastern Europe

In value terms, artichoke production reduced to $X in 2022 estimated in export price. The total production indicated a strong expansion 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 2018 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Romania (X tons) constituted the country with the largest volume of artichoke production, accounting for X% of total volume. Moreover, artichoke production in Romania exceeded the figures recorded by the second-largest producer, Bulgaria (X tons), fourfold. The third position in this ranking was taken by Lithuania (X tons), with a X% share.

In Romania, artichoke production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bulgaria (X% per year) and Lithuania (X% per year).

The average artichoke yield was estimated at X tons per ha in 2022, growing by X% against the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. Over the period under review, the artichoke yield attained the peak level at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat 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, the artichoke harvested area in Eastern Europe stood at X ha, approximately mirroring the previous year's figure. The total harvested area indicated a pronounced increase from 2012 to 2022: its figure 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, artichoke harvested area increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to artichoke production reached the peak figure in 2022 and is likely to continue growth in the near future.

Artichoke Exports

Exports in Eastern Europe

In 2022, exports of artichokes in Eastern Europe shrank to X tons, waning by X% compared with 2021. Overall, exports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, artichoke exports shrank to $X in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Belarus (X tons) and Poland (X tons) were the main exporters of artichokes in Eastern Europe, together achieving X% of total exports. It was distantly followed by Lithuania (X tons), generating a X% share of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Poland ($X) and Lithuania ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, faced a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Artichoke Imports

Imports in Eastern Europe

In 2022, approx. X tons of artichokes were imported in Eastern Europe; with a decrease of X% compared with 2021. In general, imports saw a noticeable setback. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, artichoke imports declined to $X in 2022. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons), Belarus (X tons) and the Czech Republic (X tons) represented the key importer of artichokes in Eastern Europe, constituting X% of total import. It was distantly followed by Russia (X tons), Bulgaria (X tons) and Romania (X tons), together mixing up a X% share of total imports. Hungary (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constitutes the largest market for imported artichokes in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Czech Republic stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price 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, artichoke import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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