Luxembourg: Artichoke Market 2025

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

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