Asparagus Market

Asparagus market: discover the most recent datasets powered by an Ai-driven business intelligence tool. Datasets provide trade, market size, market prices, consumption, production, companies, imports, and exports. There is a split by region, including Latin America, Africa, China, the U.S., the U.K., the Middle East, Russia, and EU. Market dynamics and outlook to 2030 are also featured in the snapshots.

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Asparagus - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Peru. It was followed by Germany.

In China, the asparagus market expanded at an average annual rate of +1.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Peru (+3.2% per year) and Germany (+0.1% per year).

Asparagus Prices

Asparagus - Top Importers

In value terms, the United States ($720M) constitutes the largest market for imported asparagus worldwide, comprising 49% of global imports. The second position in the ranking was occupied by Germany ($95M), with a 6.4% share of global imports. It was followed by Canada, with a 5.9% share.

In the United States, asparagus imports remained relatively stable over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-5.6% per year) and Canada (+1.0% per year).

Asparagus - Top Exporters

In value terms, the largest asparagus supplying countries worldwide were Mexico ($545M), Peru ($534M) and the United States ($144M), with a combined 76% share of global exports. The Netherlands, Spain and Italy lagged somewhat behind, together comprising a further 14%.

In terms of the main exporting countries, Italy recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Asparagus - Market Forecast

Driven by increasing demand for asparagus worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Asparagus - Top Companies

Guangxi Nanning Lvhan Agriculture Co.,Ltd., Zhongxian Fengfu Agriculture Development Co., Ltd., Mengjin County Golden Tianye Family Farm, Shandong Binzhou Yanlaihong High Tech. Park Co.,Ltd., Yucheng County Zhongken Agriculture Development Co., Ltd., Zunyi Yumiao Eco-agriculture Co., Ltd., Wm. Bolthouse Farms, Inc., Nanle County Ruifang Plantation Specialty Cooperative, Hubei Lingshang Renjia Ecological Food Co.,Ltd., Yushan County Chuangyuan Family Farm, Yichang Hannongyuan Ecology Agricultural Development Co., Ltd., Guinan County Shuanghua Pollution Free Vegetables Plantation Specialty Cooperati ve, Guangzhou Conghua Suifeng Vegetables & Fruits Specialty Cooperative, Changyang En'shi Huinong Vegetables Farmer Cooperative, Xiangyang Xiangcheng District Chenshun Lotus Root Plantation Specialty Cooperati ve, Yuncheng Yanhu District Suhe Fengwang Fruits & Vegetables Plantation Specialty C ooperative, Huangyuan Xiaolin Vegetables Plantation Specialty Cooperative, Tanimura & Antle Fresh Foods, Inc., Jinjiang Feifei Gardening Crop Plantation Co.,Ltd., Changzhi County Wofeng Plantation Specialty Cooperative

Asparagus - Product Coverage

• HS 070920 - Vegetables; asparagus, fresh or chilled

Source: IndexBox Market Intelligence Platform