Market Trends of Artichokes Industry
This section covers the major market trends shaping the Artichokes Market according to our research experts:
Steady Growth in the Artichokes Production
Over the period 2016-2018, global artichokes production increased by 18.3%. For instance, in 2016, the global artichokes production was 1,418,886 metric tons and it increased to 1,678,872 metric tons by 2018. Countries such as Italy, Egypt, Spain, Peru, Algeria, and Argentina are accounted for 78.1% of the global production in 2018. The production in the aforementioned countries was 389,813 metric tons, 323, 866 metric tons, 208,463 metric tons, 154,552 metric tons, 124,659 metric tons, and 11,0657 metric tons respectively.
Europe Dominates the Global Artichokes Imports
In Europe, France, Italy, Belgium, Germany, Switzerland are dominating the artichokes imports. For instance, in 2019, the aforementioned countries imported artichokes worth USD 23,061 thousand, USD 19,567 thousand, USD 5,095 thousand, USD 4,827 thousand, and USD 4,154 thousand respectively. In 2019, together these countries accounted for 77.9% of the global imports. Spain, Italy, the UK, and Egypt are the major importing destinations for France. In 2019, France imported USD 17,221 thousand worth artichokes from Spain, USD 4,600 from Italy, and USD 437 from the United Kingdom.
