Italy - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in Italy - 2023
Contents:
- Asparagus Price in Italy (FOB) - 2023
- Asparagus Price in Italy (CIF) - 2023
- Asparagus Exports in Italy
- Asparagus Imports in Italy
Asparagus Price in Italy (FOB) - 2023
The average asparagus export price stood at $5,701 per ton in June 2023, increasing by 21% against the previous month. In general, export price indicated a perceptible increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.3% 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 decreased by -40.8% against March 2023 indices. The most prominent rate of growth was recorded in July 2022 an increase of 66% m-o-m. Over the period under review, the average export prices hit record highs at $9,631 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($11,126 per ton), while the average price for exports to the Netherlands ($3,175 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 Spain (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Asparagus Price in Italy (CIF) - 2023
In May 2023, the average asparagus import price amounted to $4,323 per ton, which is down by -5.8% against the previous month. Overall, import price indicated notable growth from May 2022 to May 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, asparagus import price decreased by -29.7% against January 2023 indices. The pace of growth was the most pronounced in June 2022 when the average import price increased by 48% month-to-month. Over the period under review, average import prices reached the peak figure at $6,151 per ton in January 2023; however, from February 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($4,790 per ton), while the price for Greece ($2,803 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Asparagus Exports in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of asparagus, when their volume decreased by -35.2% to 7.7K tons. In general, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30%.
In value terms, asparagus exports declined rapidly to $37M in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports attained the peak of $61M, and then contracted dramatically in the following year.
| Export of Asparagus in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.8 | 14.0 | 24.8 | 13.8 | 12.1% |
| Switzerland | 5.4 | 8.3 | 9.7 | 7.3 | 10.6% |
| Austria | 6.3 | 6.7 | 10.3 | 6.9 | 3.1% |
| Sweden | 2.2 | 2.5 | 2.4 | 1.3 | -16.1% |
| France | 1.3 | 1.4 | 2.8 | 1.3 | 0.0% |
| Denmark | 1.7 | 1.4 | 1.9 | 1.1 | -13.5% |
| Slovenia | 0.9 | 0.8 | 1.3 | 0.8 | -3.9% |
| Norway | 0.5 | 0.8 | 0.9 | 0.7 | 11.9% |
| Poland | 0.4 | 0.6 | 0.8 | 0.5 | 7.7% |
| Netherlands | 0.3 | 0.6 | 1.3 | 0.4 | 10.1% |
| Others | 2.3 | 2.7 | 4.8 | 3.0 | 9.3% |
| Total | 31.2 | 39.8 | 61.1 | 37.1 | 5.9% |
Top Export Markets for Asparagus from Italy in 2022:
- Germany (3138.9 tons)
- Austria (1216.9 tons)
- Switzerland (1024.1 tons)
- France (332.6 tons)
- Denmark (323.4 tons)
- Poland (235.8 tons)
- Sweden (223.6 tons)
- Netherlands (186.4 tons)
- Slovenia (177.3 tons)
- Norway (162.1 tons)
Asparagus Imports in Italy
In 2022, approx. 4.1K tons of asparagus were imported into Italy; waning by -26.4% on 2021. Overall, imports saw a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 5.6K tons, and then contracted notably in the following year.
In value terms, asparagus imports contracted dramatically to $21M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% 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 +39.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of $28M, and then contracted rapidly in the following year.
| Import of Asparagus in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.8 | 7.0 | 12.0 | 11.8 | 10.3% |
| Netherlands | 2.3 | 3.0 | 4.0 | 2.7 | 5.5% |
| Germany | 1.3 | 1.6 | 4.3 | 2.7 | 27.6% |
| France | 2.6 | 2.1 | 4.5 | 1.6 | -14.9% |
| Mexico | 0.9 | 0.7 | 1.8 | 1.2 | 10.1% |
| Greece | 0.6 | 0.1 | 0.6 | 0.4 | -12.6% |
| Peru | 2.4 | 0.3 | 0.1 | 0.1 | -65.3% |
| Others | 0.3 | 0.2 | 0.6 | 0.2 | -12.6% |
| Total | 19.3 | 15.0 | 27.9 | 20.8 | 2.5% |
Top Suppliers of Asparagus to Italy in 2022:
- Spain (2231.2 tons)
- Germany (533.7 tons)
- Netherlands (524.1 tons)
- France (391.2 tons)
- Mexico (222.8 tons)
- Greece (176.9 tons)
- Peru (19.9 tons)
This report provides an in-depth analysis of the asparagus market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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