China - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Asparagus Price in China - 2023

Contents:

  1. Preserved Asparagus Price in China (FOB) - 2023
  2. Preserved Asparagus Price in China (CIF) - 2022
  3. Preserved Asparagus Exports in China
  4. Preserved Asparagus Imports in China

Preserved Asparagus Price in China (FOB) - 2023

In June 2023, the average preserved asparagus export price amounted to $2,941 per ton, with a decrease of -11.3% against the previous month. In general, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 38% against the previous month. Over the period under review, the average export prices hit record highs at $3,443 per ton in June 2022; however, from July 2022 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 Spain ($3,362 per ton), while the average price for exports to Indonesia ($1,442 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 France (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

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Preserved Asparagus Price in China (CIF) - 2022

The average preserved asparagus import price stood at $1,338 per ton in 2022, dropping by -13.3% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 45%. As a result, import price reached the peak level of $3,633 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 Spain ($1,660 per ton), while the price for Germany stood at $930 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.3%), while the prices for the other major suppliers experienced a decline.

Preserved Asparagus Exports in China

For the third consecutive year, China recorded decline in shipments abroad of preserved asparagus, which decreased by -8.7% to 42K tons in 2022. In general, exports saw a abrupt curtailment. The smallest decline of -1.7% was in 2020.

In value terms, preserved asparagus exports rose slightly to $133M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 6% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Preserved Asparagus in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain48.351.959.951.92.4%
Netherlands17.318.824.332.223.0%
Germany20.721.715.119.4-2.1%
France12.59.47.68.6-11.7%
Denmark4.74.95.66.29.7%
Australia2.11.61.52.0-1.6%
Belgium2.31.73.51.5-13.3%
Others12.910.410.011.4-4.0%
Total1211201281333.2%

Top Export Markets for Preserved Asparagus from China in 2022:

  1. Spain (13.4K tons)
  2. Netherlands (9.4K tons)
  3. Germany (7.8K tons)
  4. Denmark (3.4K tons)
  5. France (2.6K tons)
  6. Australia (0.6K tons)
  7. Belgium (0.4K tons)

Preserved Asparagus Imports in China

Preserved asparagus imports into China contracted remarkably to 22 tons in 2022, falling by -41.2% compared with 2021 figures. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 5,612% against the previous year. As a result, imports attained the peak of 38 tons, and then shrank dramatically in the following year.

In value terms, preserved asparagus imports shrank dramatically to $30K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 4,839%. As a result, imports reached the peak of $59K, and then dropped markedly in the following year.

Import of Preserved Asparagus in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.00.226.920.873.2%
GermanyN/AN/A1.89.2411.1%
Peru1.71.026.1N/A291.8%
Italy1.8N/A4.1N/A50.9%
OthersN/AN/AN/AN/A0%
Total7.51.258.930.058.7%

Top Suppliers of Preserved Asparagus to China in 2022:

  1. Spain (12.5 tons)
  2. Germany (9.9 tons)

Source: IndexBox Market Intelligence Platform

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

  • Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)

Country coverage:

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Preserved Asparagus - China