Switzerland: Artichoke Market 2022

Artichoke Market Size in Switzerland

In 2020, the Swiss artichoke market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in years to come.

Artichoke Production in Switzerland

In value terms, artichoke production declined significantly to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. Artichoke production peaked at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

In 2020, the average yield of artichokes in Switzerland dropped markedly to X kg per ha, waning by -X% compared with 2019. Over the period under review, the yield faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the yield increased by X% y-o-y. Over the period under review, the average artichoke yield hit record highs at X tonnes per ha in 2015; however, from 2016 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the artichoke harvested area in Switzerland was estimated at X ha, leveling off at the previous year's figure. In general, the harvested area posted a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. from 2018 to 2020, the growth of the artichoke harvested area remained at a lower figure.

Artichoke Exports

Exports from Switzerland

In 2020, after two years of growth, there was significant decline in overseas shipments of artichokes, when their volume decreased by -X% to X kg. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, artichoke exports dropped remarkably to $X in 2020. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

France (X kg) was the main destination for artichoke exports from Switzerland, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to France amounted to -X%.

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

From 2012 to 2020, the average annual rate of growth in terms of value to France totaled -X%.

Export Prices by Country

In 2020, the average artichoke export price amounted to $X per tonne, rising by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Artichoke Imports

Imports into Switzerland

In 2020, purchases abroad of artichokes increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. from 2016 to 2020, the growth imports remained at a lower figure.

In value terms, artichoke imports rose sharply to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tonnes), Spain (X tonnes) and France (X tonnes) were the main suppliers of artichoke imports to Switzerland, with a combined X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain, while imports for the other leaders experienced a decline.

In value terms, Italy ($X), France ($X) and Spain ($X) constituted the largest artichoke suppliers to Switzerland, together comprising X% of total imports.

In terms of the main suppliers, Spain recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

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 from 2012 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform