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Indonesia - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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Indonesia: Artichoke Market Overview 2021

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Artichoke Market Size in Indonesia

The Indonesian artichoke market skyrocketed to $X in 2019, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a noticeable descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Artichoke Exports

Exports from Indonesia

In 2019, overseas shipments of artichokes decreased by -X% to X kg for the first time since 2012, thus ending a six-year declining trend. Over the period under review, exports recorded a mild reduction. Exports peaked at X kg in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, artichoke exports shrank significantly to $X in 2019. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Malaysia (X kg) was the main destination for artichoke exports from Indonesia, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Malaysia stood at -X%.

From 2012 to 2018, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

The average artichoke export price stood at $X per tonne in 2018, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2017 to 2018, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Malaysia amounted to +X% per year.

Artichoke Imports

Imports into Indonesia

In 2019, supplies from abroad of artichokes decreased by -X% to X kg, falling for the sixth year in a row after two years of growth. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2014 to 2019, the growth imports failed to regain the momentum.

In value terms, artichoke imports rose to $X in 2019. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Singapore (X kg) was the main supplier of artichoke to Indonesia, with a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Singapore amounted to +X%.

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

From 2012 to 2019, the average annual growth rate of value from Singapore amounted to +X%.

Import Prices by Country

In 2019, the average artichoke import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price enjoyed significant growth. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The import price peaked in 2019 and is likely to continue growth in the immediate term.

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

From 2012 to 2019, the rate of growth in terms of prices for Singapore amounted to +X% per year.

Source: IndexBox AI 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 2019 were Italy (391K tonnes), Egypt (287K tonnes) and Spain (187K tonnes), with a combined 54% share of global consumption. Peru, Algeria, Argentina, China, France and the U.S. lagged somewhat behind, together comprising a further 34%.
What are the largest producers of artichokes in the world?
+
The countries with the highest volumes of artichoke production in 2019 were Italy (379K tonnes), Egypt (297K tonnes) and Spain (200K tonnes), with a combined 55% share of global production. Peru, Algeria, Argentina, China and the U.S. lagged somewhat behind, together comprising a further 31%.
What are the leading suppliers of artichokes to Indonesia?
+
In value terms, Singapore ($4.5K) constituted the largest supplier of artichoke to Indonesia.
What is the average export price for artichokes in Indonesia?
+
In 2018, the average artichoke export price amounted to $2,539 per tonne, approximately equating the previous year.
What is the average import price for artichokes in Indonesia?
+
The average artichoke import price stood at $5,263 per tonne in 2019, surging by 6.7% against the previous year.

Product coverage:
• FCL 366 - Artichokes

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Indonesia
• 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
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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