Report Philippines - Artichokes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Feb 28, 2022

Philippines - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Artichoke Market 2022

Artichoke Market Size in the Philippines

For the ninth consecutive year, the Philippine artichoke market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption showed a significant expansion. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is likely to continue growth in years to come.

Artichoke Exports

Exports from the Philippines

In 2020, the amount of artichokes exported from the Philippines totaled X kg, approximately mirroring 2019. In general, exports continue to indicate a dramatic downturn. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, artichoke exports totaled $X in 2020. Overall, exports faced a precipitous curtailment. Exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for artichoke exports from the Philippines, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

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

Export Prices by Country

In 2018, the average artichoke export price amounted to $X per tonne, approximately reflecting the previous year. In general, the export price continues to indicate a significant contraction. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain the momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Artichoke Imports

Imports into the Philippines

In 2020, purchases abroad of artichokes increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, artichoke imports surged to $X in 2020. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2016 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

In 2020, Brazil (X tonnes) constituted the largest artichoke supplier to the Philippines, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Brazil was relatively modest.

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

From 2012 to 2020, the average annual growth rate of value from Brazil was relatively modest.

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for artichokes in the world?
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The countries with the highest volumes of artichoke consumption in 2020 were Italy, Egypt and Spain, together comprising 57% of global consumption. These countries were followed by Algeria, Argentina, Peru and China, which together accounted for a further 26%.
What are the largest producers of artichokes in the world?
+
The countries with the highest volumes of artichoke production in 2020 were Italy, Egypt and Spain, together comprising 57% of global production. Algeria, Argentina, Peru and China lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of artichokes to the Philippines?
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In value terms, Brazil constituted the largest supplier of artichoke to the Philippines.
What is the average export price for artichokes in the Philippines?
+
In 2018, the average artichoke export price amounted to $1,350 per tonne, therefore, remained relatively stable against the previous year.
What is the average import price for artichokes in the Philippines?
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In 2020, the average artichoke import price amounted to $2,104 per tonne, waning by -4.8% against the previous year.

This report provides an in-depth analysis of the artichoke market in the Philippines. 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.


Product coverage:
• FCL 366 - Artichokes
Country coverage:
• Philippines

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

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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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