Report Update Jan 1, 2025

Colombia - Artichokes - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Artichoke Market 2025

Artichoke Market Size in Colombia

The Colombian artichoke market was estimated at $X in 2022, increasing by 2.4% against the previous year. In general, consumption continues to indicate prominent growth. Artichoke consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Artichoke Production in Colombia

In value terms, artichoke production fell to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 30%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of artichokes in Colombia stood at less than X kg per ha in 2022, standing approx. at the previous year's figure. In general, the yield continues to indicate 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.

The artichoke harvested area in Colombia stood at less than X ha in 2022, approximately equating the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Artichoke Exports

Exports from Colombia

In 2022, shipments abroad of artichokes decreased by -13.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2017 with an increase of 177%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, artichoke exports contracted to $X in 2022. In general, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 229% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Panama (X tons) was the main destination for artichoke exports from Colombia, with a 94% share of total exports. It was followed by Germany (X kg), with a 3.1% share of total exports. The third position in this ranking was taken by Qatar (X kg), with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume to Panama totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-55.3% per year) and Qatar (-2.1% per year).

In value terms, Panama ($X) remains the key foreign market for artichokes exports from Colombia, comprising 89% of total exports. The second position in the ranking was held by Qatar ($X), with a 7.9% share of total exports. It was followed by Germany, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to Panama stood at -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+10.1% per year) and Germany (-60.3% per year).

Export Prices by Country

In 2022, the average artichoke export price amounted to $X per ton, rising by 5.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 19% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Curacao ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+12.5%), while the prices for the other major destinations experienced a decline.

Artichoke Imports

Imports into Colombia

After two years of growth, overseas purchases of artichokes decreased by -30% to X tons in 2022. In general, imports recorded a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 995%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank sharply in the following year.

In value terms, artichoke imports declined dramatically to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,651% against the previous year. Imports peaked at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main artichoke supplier to Colombia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -1.2%.

In value terms, the United States ($X) constituted the largest supplier of artichokes to Colombia.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +14.4%.

Import Prices by Country

The average artichoke import price stood at $X per ton in 2022, shrinking by -2.1% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 151% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then contracted slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.8% per year.

Source: IndexBox 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 2020 were Italy, Egypt and Spain, together accounting for 57% of global consumption. Algeria, Argentina, Peru and China lagged somewhat behind, together comprising a further 26%.

What are the largest producers of artichokes in the world?

The countries with the highest volumes of artichoke production in 2020 were Italy, Egypt and Spain, with a combined 57% share of global production. These countries were followed by Algeria, Argentina, Peru and China, which together accounted for a further 26%.

What are the leading suppliers of artichokes to Colombia?

In value terms, the U.S. constituted the largest supplier of artichoke to Colombia.

What are the leading importers of artichokes from Colombia?

In value terms, Panama remains the key foreign market for artichoke exports from Colombia, comprising 86% of total exports. The second position in the ranking was occupied by Qatar, with a 7.7% share of total exports.

What is the average export price for artichokes in Colombia?

In 2020, the average artichoke export price amounted to $3,266 per ton, waning by -6.4% against the previous year.

What is the average import price for artichokes in Colombia?

The average artichoke import price stood at $5,141 per ton in 2020, jumping by 36% against the previous year.

This report provides an in-depth analysis of the artichoke market in Colombia. 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 2030.

Product coverage:

FCL 366 - Artichokes

Country coverage:

Colombia

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024