Luxembourg - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in Luxembourg - 2023
Contents:
- Asparagus Price in Luxembourg (CIF) - 2023
- Asparagus Price in Luxembourg (FOB) - 2023
- Asparagus Imports in Luxembourg
- Asparagus Exports in Luxembourg
Asparagus Price in Luxembourg (CIF) - 2023
In May 2023, the average asparagus import price amounted to $7,320 per ton, reducing by -14.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in June 2022 an increase of 24% m-o-m. Over the period under review, average import prices reached the maximum at $10,704 per ton in February 2023; however, from March 2023 to May 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the countries with the highest prices were Germany ($8,066 per ton) and France ($7,854 per ton), while the price for Spain ($6,098 per ton) and Italy ($6,437 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Asparagus Price in Luxembourg (FOB) - 2023
In June 2023, the average asparagus export price amounted to $11,698 per ton, surging by 13% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 24% month-to-month. Over the period under review, the average export prices attained the maximum at $13,389 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the countries with the highest prices were Azerbaijan ($12,969 per ton) and France ($12,104 per ton), while the average price for exports to Germany ($11,402 per ton) and Belgium ($11,449 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Asparagus Imports in Luxembourg
In 2022, approx. 499 tons of asparagus were imported into Luxembourg; with a decrease of -3.7% on 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 518 tons, and then shrank in the following year.
In value terms, asparagus imports dropped rapidly to $3.8M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $4.6M, and then fell notably in the following year.
| Import of Asparagus in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 667 | 799 | 1,044 | 1,044 | 16.1% |
| France | 831 | 591 | 1,073 | 1,005 | 6.5% |
| Germany | 752 | 877 | 829 | 560 | -9.4% |
| Peru | 458 | 274 | 553 | 473 | 1.1% |
| Spain | 71.0 | 144 | 323 | 317 | 64.7% |
| Italy | 192 | 304 | 590 | 272 | 12.3% |
| Netherlands | 318 | 183 | 67.2 | 28.7 | -55.1% |
| Others | 86.8 | 182 | 87.2 | 81.2 | -2.2% |
| Total | 3,376 | 3,354 | 4,566 | 3,780 | 3.8% |
Top Suppliers of Asparagus to Luxembourg in 2022:
- Belgium (137.8 tons)
- France (128.5 tons)
- Germany (83.7 tons)
- Peru (59.0 tons)
- Spain (48.4 tons)
- Italy (29.7 tons)
- Netherlands (5.3 tons)
Asparagus Exports in Luxembourg
In 2022, asparagus exports from Luxembourg stood at 76 tons, picking up by 8.6% against the previous year's figure. In general, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, asparagus exports totaled $746K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% 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 +82.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 81%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Asparagus in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 217 | 176 | 280 | 269 | 7.4% |
| Belgium | 199 | 84.0 | 214 | 235 | 5.7% |
| France | 158 | 104 | 162 | 214 | 10.6% |
| Azerbaijan | 27.9 | 13.7 | 24.8 | 27.9 | 0.0% |
| Others | 14.3 | 31.3 | 61.0 | 0.2 | -75.9% |
| Total | 616 | 409 | 742 | 746 | 6.6% |
Top Export Markets for Asparagus from Luxembourg in 2022:
- Germany (28.0 tons)
- France (23.0 tons)
- Belgium (22.4 tons)
- Azerbaijan (2.5 tons)
This report provides an in-depth analysis of the asparagus market in Luxembourg. 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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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Discover the top import markets for asparagus around the globe based on key statistics and data from the IndexBox platform.
6590
Global asparagus consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
2382
Global asparagus exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
3750
Global asparagus imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global asparagus exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
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Global asparagus consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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The asparagus season in the UK is short, lasting from the end of April till the end of June, and due to the notoriously unpredictable British climate, on occasion it is even shorter. Asparagus is consumed in different states - from young and slender sp
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Mexico held the second spot in the global asparagus trade. In 2014, Mexico exported X thousand tons of asparagus totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total asp
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