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

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Artichoke Market Size in Thailand

In 2019, after three years of decline, there was significant growth in the Thai artichoke market, when its value increased by X% to $X. Over the period under review, consumption continues to indicate a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Artichoke Production in Thailand

In value terms, artichoke production surged to $X in 2019 estimated in export prices. In general, production recorded significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

In 2019, the average yield of artichokes in Thailand amounted to X kg per ha, remaining constant against 2018. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of artichokes were harvested in Thailand; remaining relatively unchanged against the previous year. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Artichoke Exports

Exports from Thailand

In 2019, exports of artichokes from Thailand surged to X tonnes, increasing by X% on the previous year. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to see steady growth in the near future.

In value terms, artichoke exports surged to $X in 2019. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Canada (X tonnes) was the main destination for artichoke exports from Thailand, accounting for a X% share of total exports. Moreover, artichoke exports to Canada exceeded the volume sent to the second major destination, Singapore (X kg), sixfold. The third position in this ranking was occupied by Austria (X kg), with a X% share.

From 2012 to 2019, the average annual growth rate of volume to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Austria (+X% per year).

In value terms, Canada ($X) remains the key foreign market for artichoke exports from Thailand, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2019, the average annual growth rate of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-X% per year) and Austria (+X% per year).

Export Prices by Country

The average artichoke export price stood at $X per tonne in 2019, surging by X% against the previous year. In general, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per tonne), while the average price for exports to Lao People's Democratic Republic ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Artichoke Imports

Imports into Thailand

In 2019, overseas purchases of artichokes were finally on the rise to reach X tonnes after three years of decline. In general, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, artichoke imports surged to $X in 2019. Over the period under review, imports, however, continue to indicate a deep downturn. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

Peru (X kg), Australia (X kg) and France (X kg) were the main suppliers of artichoke imports to Thailand, together accounting for X% of total imports.

From 2012 to 2019, the biggest increases were in France, while purchases for the other leaders experienced a decline.

In value terms, Peru ($X), Australia ($X) and France ($X) were the largest artichoke suppliers to Thailand, together accounting for X% of total imports.

Among the main suppliers, France recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average artichoke import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI 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 2019 were Italy (391K tonnes), Egypt (287K tonnes) and Spain (187K tonnes), with a combined 54% share of global consumption. Peru, Algeria, Argentina, China, France and the U.S. lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of artichokes in the world?
+
The countries with the highest volumes of artichoke production in 2019 were Italy (379K tonnes), Egypt (297K tonnes) and Spain (200K tonnes), with a combined 55% share of global production. These countries were followed by Peru, Algeria, Argentina, China and the U.S., which together accounted for a further 31%.
What are the leading suppliers of artichokes to Thailand?
+
In value terms, the largest artichoke suppliers to Thailand were Peru ($3.7K), Australia ($3K) and France ($1K), with a combined 93% share of total imports.
What are the leading importers of artichokes from Thailand?
+
In value terms, Canada ($16K) remains the key foreign market for artichoke exports from Thailand, comprising 81% of total exports. The second position in the ranking was occupied by Singapore ($1.7K), with a 9% share of total exports. It was followed by Austria, with a 6.2% share.
What is the average export price for artichokes in Thailand?
+
The average artichoke export price stood at $2,341 per tonne in 2019, increasing by 10% against the previous year.
What is the average import price for artichokes in Thailand?
+
The average artichoke import price stood at $3,765 per tonne in 2019, growing by 115% against the previous year.

Product coverage:
• FCL 366 - Artichokes

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

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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