Report Update: Apr 26, 2024

France - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Asparagus Price in France - 2023

Asparagus Price in France (CIF) - 2023

In June 2023, the average asparagus import price amounted to $4,912 per ton, picking up by 25% against the previous month. In general, import price indicated a perceptible increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, asparagus import price decreased by -44.1% against February 2023 indices. The growth pace was the most rapid in July 2022 when the average import price increased by 59% against the previous month. Over the period under review, average import prices attained the peak figure at $8,783 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Peru ($9,106 per ton), while the price for Belgium ($3,686 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Asparagus Price in France (FOB) - 2023

In June 2023, the average asparagus export price amounted to $7,921 per ton, rising by 20% against the previous month. In general, export price indicated a tangible increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, asparagus export price increased by +20.2% against May 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 158% against the previous month. As a result, the export price attained the peak level of $11,377 per ton. From February 2023 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($18,370 per ton), while the average price for exports to Italy ($3,354 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports in France

Asparagus imports into France declined dramatically to 12K tons in 2022, falling by -23.8% against 2021. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 6.8%. As a result, imports reached the peak of 16K tons, and then fell remarkably in the following year.

In value terms, asparagus imports declined notably to $57M in 2022. In general, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +5.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of $77M, and then fell sharply in the following year.

Import of Asparagus in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	33.5	37.1	56.0	44.9	10.3%
Peru	8.6	3.6	5.1	4.6	-18.8%
Germany	3.8	5.1	3.8	2.2	-16.7%
Italy	1.7	2.7	4.3	1.9	3.8%
Netherlands	4.1	5.5	4.6	1.7	-25.4%
Belgium	0.7	1.3	1.9	1.3	22.9%
Others	1.7	0.7	1.5	0.5	-33.5%
Total	54.0	55.9	77.2	57.0	1.8%

Top Suppliers of Asparagus to France in 2022:

Spain (9.2K tons)
Germany (0.7K tons)
Netherlands (0.6K tons)
Peru (0.5K tons)
Italy (0.4K tons)
Belgium (0.3K tons)

Asparagus Exports in France

In 2022, approx. 4.8K tons of asparagus were exported from France; dropping by -18.2% against 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports reached the peak of 5.9K tons, and then contracted rapidly in the following year.

In value terms, asparagus exports contracted notably to $32M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $41M, and then reduced notably in the following year.

Export of Asparagus in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	16.2	18.7	27.3	23.5	13.2%
Italy	2.9	2.2	4.2	2.1	-10.2%
Luxembourg	0.7	0.6	1.1	1.1	16.3%
Germany	0.4	0.4	3.2	0.8	26.0%
Belgium	0.7	0.5	0.9	0.8	4.6%
Netherlands	2.3	0.7	0.4	0.5	-39.9%
Spain	0.1	0.1	1.3	0.3	44.2%
Others	2.5	1.6	2.2	2.5	0.0%
Total	25.8	24.8	40.6	31.5	6.9%

Top Export Markets for Asparagus from France in 2022:

Switzerland (3384.0 tons)
Italy (513.1 tons)
Luxembourg (275.3 tons)
Germany (126.6 tons)
Belgium (111.8 tons)
Spain (84.7 tons)
Netherlands (65.7 tons)

Source: IndexBox Market Intelligence Platform

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

France

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in France
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023