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

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Finland: Artichoke Market Overview 2021

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 showed a deep contraction. The growth pace was the most rapid in 2016 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2019, and then declined significantly in the following year.

Artichoke Exports

Exports from Finland

After two years of growth, shipments abroad of artichokes decreased by -X% to X kg in 2020. In general, exports faced a dramatic contraction. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes, and then reduced dramatically in the following year.

In value terms, artichoke exports skyrocketed to $X in 2020. Overall, exports recorded a prominent increase. As a result, exports reached 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, accounting for 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 growth rate of value to Hong Kong SAR amounted to +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. Over the period under review, the export price enjoyed a significant increase. As a result, export price attained the peak level and is likely to continue 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, purchases abroad of artichokes decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2019, and then declined notably in the following year.

In value terms, artichoke imports declined markedly to $X in 2020. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2019, and then declined rapidly in the following year.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of artichoke to Finland, with 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. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from the Netherlands totaled +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 rate of growth in terms of value from the Netherlands amounted to +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

The average artichoke import price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the import price, however, recorded a noticeable slump. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; 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

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 accounting for 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 Finland?
+
In value terms, the Netherlands ($22K) constituted the largest supplier of artichoke to Finland, comprising 75% of total imports. The second position in the ranking was occupied by Italy ($3.5K), with a 12% share of total imports. It was followed by France, with a 7.9% share.
What is the average export price for artichokes in Finland?
+
The average artichoke export price stood at $31,405 per tonne in 2020, jumping by 2,126% against the previous year.
What is the average import price for artichokes in Finland?
+
The average artichoke import price stood at $3,115 per tonne in 2020, jumping by 28% against the previous year.

Product coverage:
• FCL 366 - Artichokes

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

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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