SADC: Artichoke Market 2024

Artichoke Market Size in SADC

In 2022, the SADC artichoke market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a slight descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Artichoke Production in SADC

In value terms, artichoke production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

South Africa (X tons) constituted the country with the largest volume of artichoke production, comprising approx. X% of total volume. Moreover, artichoke production in South Africa exceeded the figures recorded by the second-largest producer, Zimbabwe (X tons), twofold. The third position in this ranking was held by Swaziland (X tons), with a X% share.

In South Africa, artichoke production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Swaziland (X% per year).

In 2022, the average artichoke yield in SADC reached X tons per ha, remaining relatively unchanged against 2021. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 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 total area harvested in terms of artichokes production in SADC totaled X ha, remaining relatively unchanged against the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to artichoke production reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Artichoke Exports

Exports in SADC

In 2022, approx. X tons of artichokes were exported in SADC; dropping by X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, artichoke exports declined remarkably to $X in 2022. Overall, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of artichokes, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the artichokes exports, with a CAGR of X% from 2012 to 2022. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest artichoke supplier in SADC.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The growth pace was the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Artichoke Imports

Imports in SADC

In 2022, approx. X tons of artichokes were imported in SADC; picking up by X% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, artichoke imports soared to $X in 2022. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malawi (X tons) was the largest importer of artichokes, making up X% of total imports. Mozambique (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (X%) and Seychelles (X%). The following importers - Mauritius (X kg), Angola (X kg) and Swaziland (X kg) - together made up X% of total imports.

Malawi was also the fastest-growing in terms of the artichokes imports, with a CAGR of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%), Seychelles (X%) and Mozambique (X%) displayed positive paces of growth. By contrast, Mauritius (X%), Swaziland (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malawi, Mozambique, Democratic Republic of the Congo, Seychelles, Angola and Mauritius increased by X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest artichoke importing markets in SADC were Mozambique ($X), Mauritius ($X) and Seychelles ($X), together accounting for X% of total imports.

Mozambique, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 SADC amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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