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Portugal - Artichokes - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Artichoke Market Overview 2021

Artichoke Market Size in Portugal

The Portuguese artichoke market dropped dramatically 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). In general, consumption recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X, and then declined dramatically in the following year.

Artichoke Exports

Exports from Portugal

In 2020, shipments abroad of artichokes decreased by -X% to X kg, falling for the second year in a row after three years of growth. In general, exports recorded a significant decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, artichoke exports declined dramatically to $X in 2020. Over the period under review, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Angola (X kg) was the main destination for artichoke exports from Portugal, with 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 rate of growth in terms of volume to Angola stood at -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 rate of growth in terms 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

The average artichoke export price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export 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. Overall, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2019, and then fell significantly in the following year.

In value terms, artichoke imports declined rapidly to $X in 2020. In general, imports showed a perceptible reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest artichoke supplier 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 amounted to -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 growth rate of value from Spain amounted to -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

In 2020, the average artichoke import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.

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

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 (379K tonnes), Egypt (308K tonnes) and Spain (187K tonnes), with a combined 54% share of global consumption. Algeria, Peru, Argentina, China, the U.S. and France lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of artichokes in the world?
+
The countries with the highest volumes of artichoke production in 2020 were Italy (372K tonnes), Egypt (311K tonnes) and Spain (198K tonnes), together accounting for 54% of global production. Algeria, Peru, Argentina, China and the U.S. lagged somewhat behind, together accounting for a further 32%.
What are the leading suppliers of artichokes to Portugal?
+
In value terms, Spain ($34K) constituted the largest supplier of artichoke to Portugal, comprising 72% of total imports. The second position in the ranking was occupied by the Netherlands ($12K), with a 26% 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 79% 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 $4,650 per tonne, picking up by 61% against the previous year.
What is the average import price for artichokes in Portugal?
+
In 2020, the average artichoke import price amounted to $2,798 per tonne, waning by -14.8% against the previous year.

Product coverage:
• FCL 366 - Artichokes

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.


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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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