Sweden: Artichoke Market 2022

Artichoke Market Size in Sweden

The Swedish artichoke market contracted to $X in 2020, standing approx. at 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). Over the period under review, consumption recorded a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market failed to regain the momentum.

Artichoke Exports

Exports from Sweden

In 2020, overseas shipments of artichokes were finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, exports posted significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artichoke exports surged to $X in 2020. Over the period under review, exports continue to indicate resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2012 to 2020, the average annual rate of growth in terms of volume to Denmark stood at +X%.

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

From 2012 to 2020, the average annual growth rate of value to Denmark stood at +X%.

Export Prices by Country

The average artichoke export price stood at $X per tonne in 2020, reducing by -X% against the previous year. In general, the export price faced a deep contraction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

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

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

Artichoke Imports

Imports into Sweden

In 2020, approx. X tonnes of artichokes were imported into Sweden; reducing by -X% against the year before. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2014 to 2020, the growth imports remained at a lower figure.

In value terms, artichoke imports skyrocketed to $X in 2020. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

In 2020, the average artichoke import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, import price indicated a resilient expansion 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 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to see steady 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 the Netherlands ($X per tonne), while the price for Spain ($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 more modest paces of growth.

Source: IndexBox Platform