Ireland: Artichoke Market 2022

Artichoke Market Size in Ireland

The Irish artichoke market fell sharply to $X in 2020, waning 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 showed a noticeable increase. The growth pace was the most rapid in 2015 when the market value increased by X% year-to-year. Artichoke consumption peaked at $X in 2019, and then shrank remarkably in the following year.

Artichoke Exports

Exports from Ireland

Artichoke exports from Ireland surged to X tonnes in 2020, rising by X% against the previous year. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2020 and are likely to see gradual growth in the immediate term.

In value terms, artichoke exports soared to $X in 2020. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

The UK (X tonnes) was the main destination for artichoke exports from Ireland, with a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to the UK totaled +X%.

In value terms, the UK ($X) also remains the key foreign market for artichoke exports from Ireland.

From 2012 to 2020, the average annual growth rate of value to the UK totaled +X%.

Export Prices by Country

The average artichoke export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, artichoke export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for the UK amounted to +X% per year.

Artichoke Imports

Imports into Ireland

In 2020, approx. X tonnes of artichokes were imported into Ireland; with an increase of X% compared with the previous year's figure. In general, total imports indicated resilient growth from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, artichoke imports soared to $X in 2020. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

France (X tonnes), the UK (X tonnes) and the Netherlands (X tonnes) were the main suppliers of artichoke imports to Ireland.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK, while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Spain ($X) were the largest artichoke suppliers to Ireland.

In terms of the main suppliers, the UK saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, artichoke import price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform