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

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

Artichoke Market Size in Portugal

In 2020, after two years of growth, there was significant decline in the Portuguese artichoke market, when its value decreased by -X% to $X. In general, consumption recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Artichoke Exports

Exports from Portugal

In 2020, overseas shipments of artichokes decreased by -X% to X kg, falling for the third year in a row after two years of growth. Overall, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, artichoke exports declined sharply to $X in 2020. In general, exports showed a significant curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Angola (X kg) was the main destination for artichoke exports from Portugal, accounting for a X% share of total exports. Moreover, artichoke exports to Angola exceeded the volume sent to the second major destination, Cabo Verde (X kg), threefold.

From 2012 to 2020, the average annual growth rate of volume to Angola totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (-X% per year) and Luxembourg (-X% per year).

In value terms, Angola ($X) emerged as the key foreign market for artichoke exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Cabo Verde ($X), with a X% share of total exports.

From 2012 to 2020, the average annual growth rate of value to Angola totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (-X% per year) and Luxembourg (-X% per year).

Export Prices by Country

In 2020, the average artichoke export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Angola ($X per tonne), while the average price for exports to Cabo Verde ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg, while the prices for the other major destinations experienced a decline.

Artichoke Imports

Imports into Portugal

After two years of growth, purchases abroad of artichokes decreased by -X% to X tonnes in 2020. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes, and then fell notably in the following year.

In value terms, artichoke imports contracted markedly to $X in 2020. Overall, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of artichoke to Portugal, with a X% share of total imports. Moreover, artichoke imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold.

From 2012 to 2020, the average annual growth rate of volume from Spain totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (-X% per year).

In value terms, Spain ($X) constituted the largest supplier of artichoke to Portugal, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Spain totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and France (-X% per year).

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2020, surging by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2020: its price 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, artichoke import price increased by +X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

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

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?
+
The countries with the highest volumes of artichoke consumption in 2020 were Italy, Egypt and Spain, together accounting for 57% of global consumption. Algeria, Argentina, Peru and China lagged somewhat behind, together accounting 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, with a combined 57% share of global production. These countries were followed by Algeria, Argentina, Peru and China, which together accounted for a further 26%.
What are the leading suppliers of artichokes to Portugal?
+
In value terms, Spain constituted the largest supplier of artichoke to Portugal, comprising 71% of total imports. The second position in the ranking was occupied by the Netherlands, with a 25% share of total imports.
What are the leading importers of artichokes from Portugal?
+
In value terms, Angola $252) emerged as the key foreign market for artichoke exports from Portugal, comprising 77% of total exports. The second position in the ranking was occupied by Cabo Verde $46), with a 14% share of total exports.
What is the average export price for artichokes in Portugal?
+
In 2020, the average artichoke export price amounted to $4,671 per tonne, with an increase of 62% against the previous year.
What is the average import price for artichokes in Portugal?
+
The average artichoke import price stood at $3,439 per tonne in 2020, increasing by 36% against the previous year.

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

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