Norway: Artichoke Market 2022

Artichoke Market Size in Norway

In 2020, the Norwegian artichoke market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption saw a pronounced setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Artichoke Exports

Exports from Norway

In 2020, the amount of artichokes exported from Norway reached X tonnes, picking up by X% against 2019 figures. The total export volume increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, artichoke exports surged to $X in 2020. Overall, exports showed strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Denmark (X tonnes) was the main destination for artichoke exports from Norway, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Denmark totaled +X%.

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

From 2012 to 2019, the average annual growth rate of value to Denmark totaled +X%.

Export Prices by Country

In 2019, the average artichoke export price amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The export price peaked in 2019 and is likely to see gradual growth in the near future.

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

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

Artichoke Imports

Imports into Norway

In 2020, purchases abroad of artichokes decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a noticeable decline. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, artichoke imports fell to $X in 2020. In general, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

France (X tonnes), Spain (X tonnes) and Denmark (X kg) were the main suppliers of artichoke imports to Norway, together comprising X% of total imports. Italy lagged somewhat behind, comprising a further X 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest artichoke suppliers to Norway were France ($X), Spain ($X) and Italy ($X), together accounting for X% of total imports.

Among the main suppliers, Italy recorded 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, approximately equating the previous year. In general, the import price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Denmark ($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 mixed trend patterns.

Source: IndexBox Platform