Global Artichoke Market 2024

Artichoke Market Size

The global artichoke market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $X in 2013; afterwards, it flattened through to 2022.

Artichoke Production

In value terms, artichoke production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Italy (X tons), Egypt (X tons) and Spain (X tons), together comprising X% of global production. Algeria, Peru, China and Morocco lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Algeria (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

The global average artichoke yield dropped modestly to X tons per ha in 2022, almost unchanged from 2021. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X%. Over the period under review, the average artichoke yield hit record highs at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global harvested area of artichokes reduced slightly to X ha, remaining relatively unchanged against 2021 figures. Overall, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

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Artichoke Exports

Exports

In 2022, global artichoke exports rose notably to X tons, picking up by X% against 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, artichoke exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The global exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Spain (X tons) represented the main exporter of artichokes, constituting X% of total exports. Tunisia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), Italy (X%), the Netherlands (X%) and Egypt (X%). Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to artichoke exports from Spain stood at X%. At the same time, Tunisia (X%), Egypt (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Iran (X%), France (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.), Egypt (X p.p.), Spain (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Iran (X p.p.), France (X p.p.) and Italy (X p.p.) displayed negative dynamics.

In value terms, Spain ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Italy, Tunisia, Egypt and Iran lagged somewhat behind, together accounting for a further X%.

Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average artichoke export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The global export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Artichoke Imports

Imports

In 2022, approx. X tons of artichokes were imported worldwide; growing by X% on the previous year. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artichoke imports surged to $X in 2022. In general, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Nigeria (X tons), France (X tons) and Italy (X tons) was the largest importer of artichokes in the world, making up X% of total import. It was distantly followed by Turkey (X tons), creating a X% share of total imports. The following importers - Germany (X tons), the United States (X tons), Belgium (X tons), the Netherlands (X tons), the UK (X tons), Switzerland (X tons) and Canada (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), France ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of global imports.

Among the main importing countries, Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average artichoke import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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