Finland: Artichoke Market 2022

Artichoke Market Size in Finland

In 2020, the Finnish artichoke market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, consumption saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2019, and then reduced dramatically in the following year.

Artichoke Exports

Exports from Finland

In 2020, approx. X kg of artichokes were exported from Finland; picking up by X% compared with 2019 figures. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, exports attained the maximum at X kg in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, artichoke exports surged to $X in 2020. Overall, exports, however, enjoyed a buoyant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X kg) was the main destination for artichoke exports from Finland, with a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Hong Kong SAR stood at +X%.

From 2012 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR totaled +X%.

Export Prices by Country

In 2020, the average artichoke export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2016 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2020, the rate of growth in terms of prices for Hong Kong SAR amounted to -X% per year.

Artichoke Imports

Imports into Finland

In 2020, supplies from abroad of artichokes decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2019, and then reduced rapidly in the following year.

In value terms, artichoke imports dropped significantly to $X in 2020. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2019, and then fell rapidly in the following year.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of artichoke to Finland, 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 Italy (X tonnes), with a X% share.

From 2012 to 2020, the average annual growth rate 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 Italy (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of artichoke to Finland, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2020, the average annual growth rate of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and France (-X% per year).

Import Prices by Country

In 2020, the average artichoke import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price, however, recorded a pronounced decline. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the price for France ($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 a decline.

Source: IndexBox Platform