Eastern Asia: Artichoke Market 2025

Artichoke Market Size in Eastern Asia

The East Asian artichoke market expanded markedly to $X in 2022, increasing by 6.5% against the previous year. Overall, consumption continues to indicate a perceptible downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Artichoke Production in Eastern Asia

In value terms, artichoke production soared to $X in 2022 estimated in export price. Overall, production recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 197%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

China (X tons) remains the largest artichoke producing country in Eastern Asia, accounting for 99.9% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest.

The average artichoke yield totaled X tons per ha in 2022, approximately equating the previous year's figure. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 5.8% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the artichoke yield remained 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 artichoke harvested area in Eastern Asia declined to X ha, remaining constant against the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 3.8% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the artichoke harvested area failed to regain momentum.

Artichoke Exports

Exports in Eastern Asia

In 2022, approx. X tons of artichokes were exported in Eastern Asia; waning by -73.4% against 2021. In general, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 238% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, artichoke exports contracted markedly to $X in 2022. Overall, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2016 with an increase of 164% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X kg) and Hong Kong SAR (X kg) represented roughly 100% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +34.7%).

In value terms, South Korea ($X) and Hong Kong SAR ($X) were the countries with the highest levels of exports in 2022.

Hong Kong SAR, with a CAGR of +30.3%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, with a decrease of -45.8% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2020 an increase of 887%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while South Korea amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-3.2%).

Artichoke Imports

Imports in Eastern Asia

In 2022, approx. X tons of artichokes were imported in Eastern Asia; surging by 2.1% on the previous year. Overall, imports, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2015 when imports increased by 60% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, artichoke imports expanded markedly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 105%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Hong Kong SAR (X tons) and Japan (X tons) represented roughly 69% of total imports in 2022. Macao SAR (X tons) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (7.7%) and South Korea (6.6%).

From 2012 to 2022, the biggest increases were recorded for Macao SAR (with a CAGR of +33.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest artichoke importing markets in Eastern Asia were Japan ($X), Hong Kong SAR ($X) and Macao SAR ($X), together comprising 87% of total imports.

In terms of the main importing countries, Macao SAR, with a CAGR of +40.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2020 an increase of 34%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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