United Kingdom - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in the UK - 2023
Contents:
- Asparagus Price in the UK (CIF) - 2023
- Asparagus Price in the UK (FOB) - 2022
- Asparagus Imports in the UK
- Asparagus Exports in the UK
Asparagus Price in the UK (CIF) - 2023
In June 2023, the average asparagus import price amounted to $5,643 per ton, standing approximately at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 13% m-o-m. As a result, import price attained the peak level of $6,356 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Poland ($5,809 per ton) and Peru ($5,631 per ton), while the price for Italy ($5,278 per ton) and Mexico ($5,481 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Asparagus Price in the UK (FOB) - 2022
In 2022, the average asparagus export price amounted to $2,521 per ton, which is down by -52.8% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31%. The export price peaked at $7,655 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,358 per ton), while the average price for exports to France ($1,455 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 Saudi Arabia (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Asparagus Imports in the UK
Asparagus imports into the UK shrank to 12K tons in 2022, waning by -14.1% against 2021. Over the period under review, imports saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 8.6%. As a result, imports attained the peak of 14K tons, and then fell in the following year.
In value terms, asparagus imports dropped to $69M in 2022. Overall, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5% against the previous year. As a result, imports attained the peak of $81M, and then dropped in the following year.
| Import of Asparagus in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 55.8 | 51.3 | 57.5 | 46.9 | -5.6% |
| Mexico | 14.7 | 19.0 | 20.8 | 19.2 | 9.3% |
| Spain | 1.1 | 0.9 | 0.6 | 1.2 | 2.9% |
| Others | 2.7 | 3.0 | 1.8 | 1.3 | -21.6% |
| Total | 74.3 | 74.4 | 80.7 | 68.6 | -2.6% |
Top Suppliers of Asparagus to the UK in 2022:
- Peru (7.6K tons)
- Mexico (3.6K tons)
- Spain (0.3K tons)
Asparagus Exports in the UK
In 2022, after three years of growth, there was significant decline in shipments abroad of asparagus, when their volume decreased by -46.1% to 566 tons. Over the period under review, exports, however, showed a moderate increase. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. As a result, the exports attained the peak of 1K tons, and then contracted remarkably in the following year.
In value terms, asparagus exports declined sharply to $1.4M in 2022. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year.
| Export of Asparagus in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 3.3 | 4.4 | 5.1 | 1.2 | -28.6% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| France | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.4 | 0.2 | -20.6% |
| Total | 3.8 | 4.7 | 5.6 | 1.4 | -28.3% |
Top Export Markets for Asparagus from the UK in 2022:
- Ireland (232.9 tons)
- Netherlands (13.2 tons)
- France (9.6 tons)
This report provides an in-depth analysis of the asparagus market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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