Artichoke Market in Italy
In value terms, artichoke production reached $ in estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to : its value increased at an average annual rate of +% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by %. Artichoke production peaked at $ in 2014; however, from 2015 to , production remained at a lower figure.
In , the average yield of artichokes in Italy expanded to tons per ha, with an increase of % against . Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the yield increased by % against the previous year. The artichoke yield peaked at tons per ha in 2012; however, from 2013 to , the yield stood 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 , approx. ha of artichokes were harvested in Italy; reducing by -% against . In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by % against the previous year. As a result, the harvested area reached the peak level of ha. From 2014 to , the growth of the artichoke harvested area failed to regain momentum.
The revenue of the artichoke market in Italy reached $ in , leveling off at 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Artichoke consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.