Report Update Nov 1, 2024

Russian Federation - Artichokes - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Artichoke Market 2024

Artichoke Market Size in the Russian Federation

The Russian artichoke market reduced remarkably to $X in 2022, declining by -58.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a precipitous curtailment. Artichoke consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Artichoke Exports

Exports from the Russian Federation

In 2022, exports of artichokes from Russia expanded significantly to X kg, surging by 14% compared with the year before. Overall, exports, however, showed a precipitous curtailment. The growth pace was the most rapid in 2015 when exports increased by 615% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, artichoke exports expanded markedly to $X in 2022. In general, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of 468%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan (X kg) was the main destination for artichoke exports from Russia, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Kazakhstan amounted to -26.9%.

In value terms, Kazakhstan ($X) also remains the key foreign market for artichokes exports from Russia.

From 2013 to 2022, the average annual growth rate of value to Kazakhstan totaled -17.2%.

Export Prices by Country

The average artichoke export price stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the export price showed a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2013 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +13.2% per year.

Artichoke Imports

Imports into the Russian Federation

In 2022, approx. X tons of artichokes were imported into Russia; with a decrease of -74.4% on the previous year. In general, imports faced a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 128%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, artichoke imports declined notably to $X in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 177% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Tunisia (X tons) constituted the largest supplier of artichoke to Russia, accounting for a 87% share of total imports. Moreover, artichoke imports from Tunisia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from Tunisia totaled +20.9%.

In value terms, Tunisia ($X) constituted the largest supplier of artichokes to Russia, comprising 90% of total imports. The second position in the ranking was held by Egypt ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Tunisia stood at +24.4%.

Import Prices by Country

The average artichoke import price stood at $X per ton in 2022, with an increase of 166% against the previous year. Over the period under review, the import price posted a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Egypt totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.7%), 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, 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, together comprising 57% of global production. Algeria, Argentina, Peru and China lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of artichokes to the Russian Federation?

In value terms, Tunisia constituted the largest supplier of artichoke to Russia, comprising 63% of total imports. The second position in the ranking was occupied by Egypt, with a 19% share of total imports.

What are the leading importers of artichokes from the Russian Federation?

In value terms, Kazakhstan $64) remains the key foreign market for artichoke exports from Russia, comprising 82% of total exports. The second position in the ranking was occupied by Belarus $14), with a 18% share of total exports.

What is the average export price for artichokes in the Russian Federation?

The average artichoke export price stood at $7,800 per ton in 2020, increasing by 172% against the previous year.

What is the average import price for artichokes in the Russian Federation?

In 2020, the average artichoke import price amounted to $1,752 per ton, reducing by -36.7% against the previous year.

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

Russia

Data coverage:

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