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

RatingCountry
1China
2Peru
3Germany
4United States

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

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Mexico272129472642-1.5%
Spain455739373613-11.0%
United States3681362437971.6%
Peru417640434106-0.8%
Italy4186439044463.1%
Netherlands5030537059318.6%
Average357036023507-0.9%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($5,931 per tonne), while Mexico ($2,642 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Japan618861976159-0.2%
Switzerland6013571560910.6%
United Kingdom5714562859281.9%
Belgium5053492759068.1%
Netherlands39514036566619.8%
Spain4400426651848.5%
Germany434039104131-2.4%
France3281360139189.3%
Canada354335443491-0.7%
United States279029312708-1.5%
Average3448350334770.4%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($6,159 per tonne), while the United States ($2,708 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Asparagus - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.70.80.70.1%
Germany0.10.090.09-5.6%
Canada0.090.080.091.0%
United Kingdom0.080.070.07-0.9%
Netherlands0.070.070.074.0%

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

COUNTRY201820192020CAGR,
2018-2020
billion USD
Mexico0.50.60.5-0.3%
Peru0.60.60.5-3.9%
United States0.20.20.1-8.7%
Netherlands0.090.080.13.0%
Spain0.10.10.09-8.9%

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
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World - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global asparagus market.

Africa - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Africa.

Northern America - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Northern America.

Eastern Asia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Eastern Asia.

Latin America and the Caribbean - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Latin America and the Caribbean.

Southern Asia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Southern Asia.

Australia and Oceania - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Australia and Oceania.

Middle East - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in the Middle East.

South-Eastern Asia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in South-Eastern Asia.

Central Asia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the asparagus market in Central Asia.

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