Indonesia - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in Indonesia - 2022
Contents:
- Asparagus Price in Indonesia (FOB) - 2022
- Asparagus Price in Indonesia (CIF) - 2022
- Asparagus Exports in Indonesia
- Asparagus Imports in Indonesia
Asparagus Price in Indonesia (FOB) - 2022
In 2022, the average asparagus export price amounted to $21,453 per ton, surging by 75% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 290%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($29,554 per ton), while the average price for exports to Singapore ($5,638 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 (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.
Asparagus Price in Indonesia (CIF) - 2022
In 2022, the average asparagus import price amounted to $9,024 per ton, shrinking by -23.3% against the previous year. In general, the import price, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 64%. As a result, import price attained the peak level of $11,760 per ton, and then reduced dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($12,921 per ton), while the price for China ($3,039 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Asparagus Exports in Indonesia
In 2022, the amount of asparagus exported from Indonesia surged to 2.1 tons, growing by 169% compared with 2021. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 249% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, asparagus exports skyrocketed to $46K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Asparagus in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.4 | 0.3 | 2.7 | 14.2 | 228.7% |
| Qatar | 0.1 | 0.1 | 2.5 | 13.1 | 407.9% |
| Kuwait | 0.2 | N/A | 2.2 | 11.5 | 286.0% |
| Malaysia | 0.2 | 0.1 | 0.7 | 4.1 | 173.7% |
| Singapore | N/A | N/A | 1.3 | 0.9 | -30.8% |
| Saudi Arabia | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Oman | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| Canada | N/A | 2.4 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.9 | 108.0% |
| Total | 1.2 | 3.0 | 9.7 | 45.8 | 236.7% |
Top Export Markets for Asparagus from Indonesia in 2022:
- Qatar (555.0 kg)
- United Arab Emirates (480.0 kg)
- Kuwait (451.0 kg)
- Malaysia (282.0 kg)
- Singapore (160.0 kg)
- Saudi Arabia (107.0 kg)
- Oman (78.0 kg)
Asparagus Imports in Indonesia
After two years of decline, overseas purchases of asparagus increased by 24% to 4.3 tons in 2022. Overall, imports, however, continue to indicate a abrupt descent.
In value terms, asparagus imports reduced to $39K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of $41K, and then shrank modestly in the following year.
| Import of Asparagus in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.2 | 34.6 | 36.1 | 36.5 | 7.7% |
| Germany | 1.0 | 1.0 | 0.9 | 0.8 | -7.2% |
| China | 1.2 | 0.6 | 0.1 | 0.5 | -25.3% |
| Others | 2.0 | 0.7 | 3.8 | 1.2 | -15.7% |
| Total | 33.4 | 37.0 | 40.9 | 38.9 | 5.2% |
Top Suppliers of Asparagus to Indonesia in 2022:
- United States (3.9 tons)
- China (0.2 tons)
- Germany (0.1 tons)
This report provides an in-depth analysis of the asparagus market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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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