Northern America: Artichoke Market 2024

Artichoke Market Size in Northern America

The North American artichoke market fell to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a pronounced decline. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Artichoke Production in Northern America

In value terms, artichoke production shrank to $X in 2022 estimated in export price. Overall, production recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

The United States (X tons) remains the largest artichoke producing country in Northern America, accounting for X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in the United States stood at X%.

In 2022, the average yield of artichokes in Northern America contracted to X tons per ha, with a decrease of X% compared with the previous year's figure. In general, the yield saw a mild curtailment. The growth pace was the most rapid in 2021 with an increase of X%. The level of yield peaked at X tons per ha in 2012; however, from 2013 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 Northern America dropped to X ha, remaining stable against the year before. Overall, the harvested area showed a mild contraction. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to artichoke production reached the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Artichoke Exports

Exports in Northern America

Artichoke exports dropped to X tons in 2022, which is down by X% on 2021 figures. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, artichoke exports declined to $X in 2022. In general, exports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) represented roughly X% of total exports in 2022.

The United States was also the fastest-growing in terms of the artichokes exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest artichoke supplier in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Artichoke Imports

Imports in Northern America

In 2022, supplies from abroad of artichokes decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, artichoke imports shrank modestly to $X in 2022. In general, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) represented the key importer of artichokes, mixing up X% of total imports. It was distantly followed by Canada (X tons), mixing up a X% share of total imports.

The United States was also the fastest-growing in terms of the artichokes imports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the largest artichoke importing markets in Northern America were the United States ($X) and Canada ($X).

Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, rising by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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