China - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in China - 2023
Contents:
- Asparagus Price in China (FOB) - 2022
- Asparagus Price in China (CIF) - 2022
- Asparagus Exports in China
- Asparagus Imports in China
Asparagus Price in China (FOB) - 2022
The average asparagus export price stood at $431 per ton in 2022, falling by -75.4% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. The export price peaked at $3,186 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($1,999 per ton), while the average price for exports to Vietnam ($607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Asparagus Price in China (CIF) - 2022
In 2022, the average asparagus import price amounted to $5,669 per ton, shrinking by -10.2% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asparagus import price increased by +19.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 20%. Over the period under review, average import prices hit record highs at $6,313 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +2.8% per year.
Asparagus Exports in China
In 2022, shipments abroad of asparagus decreased by -57.3% to 152 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 358 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, asparagus exports declined remarkably to $65K in 2022. In general, exports saw a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 31% against the previous year.
| Export of Asparagus in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | N/A | 6.4 | 19.8 | 10.8 | 29.9% |
| Vietnam | 146 | 211 | 63.3 | 4.4 | -68.9% |
| Russia | 3.0 | 0.5 | 3.3 | 3.9 | 9.1% |
| Malaysia | 71.8 | 57.0 | 36.6 | 2.2 | -68.7% |
| Thailand | N/A | N/A | N/A | 2.1 | 0% |
| Cambodia | N/A | 0.8 | 6.6 | 1.9 | 54.1% |
| Macao SAR | 11.8 | N/A | N/A | N/A | 0% |
| Japan | 107 | 171 | 373 | N/A | 86.7% |
| United Arab Emirates | 24.5 | 2.4 | N/A | N/A | -90.2% |
| Italy | 19.9 | 2.8 | 4.8 | N/A | -50.9% |
| Netherlands | 37.7 | 50.9 | 24.8 | N/A | -18.9% |
| Others | 32.3 | 90.4 | 89.2 | 40.0 | 7.4% |
| Total | 454 | 593 | 622 | 65.3 | -47.6% |
Top Export Markets for Asparagus from China in 2022:
- Vietnam (7.3 tons)
- Brunei Darussalam (6.4 tons)
- Russia (3.0 tons)
- Thailand (2.3 tons)
- Cambodia (2.2 tons)
- Malaysia (1.1 tons)
Asparagus Imports in China
In 2022, purchases abroad of asparagus was finally on the rise to reach 7.3 tons after two years of decline. Overall, imports, however, continue to indicate a sharp decline.
In value terms, asparagus imports skyrocketed to $41K in 2022. In general, imports, however, showed a significant decline.
| Import of Asparagus in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 41.3 | 0% |
| Peru | 30.9 | 8.4 | 1.7 | N/A | -76.5% |
| Australia | 465 | 44.0 | 25.7 | N/A | -76.5% |
| Others | N/A | N/A | 3.0 | N/A | 0% |
| Total | 496 | 52.4 | 30.3 | 41.3 | -56.3% |
Top Suppliers of Asparagus to China in 2022:
- Brazil (7.3 tons)
This report provides an in-depth analysis of the asparagus market in China. 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 367 - Asparagus
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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