Report Update Nov 1, 2024

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

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Luxembourg: Artichoke Market 2024

Artichoke Market Size in Luxembourg

In 2022, the Luxembourg artichoke market decreased by -14.6% to $X, falling for the second year in a row after five years of growth. In general, consumption, however, enjoyed a pronounced increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Artichoke Exports

Exports from Luxembourg

Artichoke exports from Luxembourg surged to X tons in 2022, with an increase of 39% against 2021. In general, exports saw a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 155%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, artichoke exports amounted to $X in 2022. Over the period under review, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by 75% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of artichoke exports from Luxembourg, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +18.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Germany ($X) were the largest markets for artichoke exported from Luxembourg worldwide, with a combined 98% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +9.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average artichoke export price amounted to $X per ton, waning by -27.1% against the previous year. Overall, the export price showed a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($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 France (-1.3%), while the prices for the other major destinations experienced a decline.

Artichoke Imports

Imports into Luxembourg

In 2022, overseas purchases of artichokes decreased by -5.6% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.4% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 118%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, artichoke imports shrank to $X in 2022. Overall, imports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2016 when imports increased by 106% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main suppliers of artichoke imports to Luxembourg, with a combined 89% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +19.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Germany ($X) were the largest artichoke suppliers to Luxembourg, with a combined 87% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +20.9%, saw the highest rates of growth with regard to 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

The average artichoke import price stood at $X per ton in 2022, reducing by -7.4% against the previous year. Overall, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.8%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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, with a combined 57% share of global consumption. These countries were followed by Algeria, Argentina, Peru and China, which together accounted for 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, together comprising 57% of global production. Algeria, Argentina, Peru and China lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of artichokes to Luxembourg?

In value terms, the largest artichoke suppliers to Luxembourg were Spain, France and Germany, with a combined 84% share of total imports.

What are the leading importers of artichokes from Luxembourg?

In value terms, France, Germany and Belgium constituted the largest markets for artichoke exported from Luxembourg worldwide, together accounting for 94% of total exports. Spain lagged somewhat behind, comprising a further 4.7%.

What is the average export price for artichokes in Luxembourg?

The average artichoke export price stood at $4,724 per ton in 2020, picking up by 4.3% against the previous year.

What is the average import price for artichokes in Luxembourg?

The average artichoke import price stood at $2,777 per ton in 2020, increasing by 11% against the previous year.

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

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023