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Asia - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Preserved Asparagus Market Overview 2021

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Preserved Asparagus Market Size in Asia

In 2020, the Asian preserved asparagus market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Preserved Asparagus Production in Asia

In value terms, preserved asparagus production totaled $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Production By Country in Asia

China (X tonnes) remains the largest preserved asparagus producing country in Asia, comprising approx. X% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), sevenfold. Japan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at -X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Preserved Asparagus Exports

Exports in Asia

In 2020, approx. X tonnes of preserved asparagus were exported in Asia; which is down by -X% on 2019 figures. Overall, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, preserved asparagus exports contracted to $X in 2020. In general, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

The shipments of the one major exporters of preserved asparagus, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the preserved asparagus exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest preserved asparagus supplier in Asia.

From 2007 to 2020, the average annual rate of growth in terms of value in China amounted to -X%.

Export Prices by Country

The preserved asparagus export price in Asia stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Preserved Asparagus Imports

Imports in Asia

Preserved asparagus imports contracted to X tonnes in 2020, shrinking by -X% on the previous year's figure. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, preserved asparagus imports dropped slightly to $X in 2020. In general, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Japan dominates preserved asparagus imports structure, finishing at X tonnes, which was near X% of total imports in 2020. It was distantly followed by Indonesia (X tonnes) and Thailand (X tonnes), together making up an X% share of total imports. The following importers - the Philippines (X tonnes), Israel (X tonnes), Turkey (X tonnes), Hong Kong SAR (X tonnes), Malaysia (X tonnes), the United Arab Emirates (X tonnes) and Taiwan (Chinese) (X tonnes) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to preserved asparagus imports into Japan stood at -X%. At the same time, Taiwan (Chinese) (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. By contrast, Israel (-X%), Turkey (-X%), Thailand (-X%), the Philippines (-X%), Indonesia (-X%), the United Arab Emirates (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.), Thailand (+X p.p.) and Hong Kong SAR (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Malaysia (-X p.p.) and Indonesia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported preserved asparagus in Asia, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

In Japan, preserved asparagus imports shrank by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Hong Kong SAR (+X% per year).

Import Prices by Country

In 2020, the preserved asparagus import price in Asia amounted to $X per tonne, rising by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015 when the import price increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in Asia?
+
The country with the largest volume of preserved asparagus consumption was China (28K tonnes), accounting for 37% of total volume. Moreover, preserved asparagus consumption in China exceeded the figures recorded by the second-largest consumer, India (11K tonnes), threefold. Japan (5.2K tonnes) ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of preserved asparagus in Asia?
+
China (78K tonnes) constituted the country with the largest volume of preserved asparagus production, accounting for 62% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, India (11K tonnes), sevenfold. Japan (4.2K tonnes) ranked third in terms of total production with a 3.4% share.
What are the leading exporters of preserved asparagus in Asia?
+
In value terms, China ($121M) remains the largest preserved asparagus supplier in Asia.
What are the leading importers of preserved asparagus in Asia?
+
In value terms, Japan ($3.8M) constitutes the largest market for imported preserved asparagus in Asia, comprising 68% of total imports. The second position in the ranking was occupied by Indonesia ($233K), with a 4.2% share of total imports. It was followed by Hong Kong SAR, with a 4.1% share.
What is the average export price for preserved asparagus in Asia?
+
In 2020, the preserved asparagus export price in Asia amounted to $2,427 per tonne, picking up by 1.5% against the previous year.
What is the average import price for preserved asparagus in Asia?
+
In 2020, the preserved asparagus import price in Asia amounted to $3,098 per tonne, increasing by 11% against the previous year.

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

This report provides an in-depth analysis of the preserved asparagus market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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