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

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Preserved Asparagus Market Size in Australia

For the third year in a row, the Australian preserved asparagus market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption showed a abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Preserved asparagus consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Preserved Asparagus Exports

Exports from Australia

In 2020, exports of preserved asparagus from Australia dropped to X kg, waning by -X% against 2019 figures. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports expanded notably to $X in 2020. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

New Zealand (X kg) was the main destination for preserved asparagus exports from Australia, with a X% share of total exports. Moreover, preserved asparagus exports to New Zealand exceeded the volume sent to the second major destination, Malaysia (X kg), ninefold. The third position in this ranking was occupied by Papua New Guinea (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to New Zealand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Papua New Guinea (-X% per year).

In value terms, New Zealand ($X) remains the key foreign market for preserved asparagus exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to New Zealand amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-X% per year) and Malaysia (-X% per year).

Export Prices by Country

In 2020, the average preserved asparagus export price amounted to $X per tonne, jumping by X% against the previous year. In general, the export price enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2016; afterwards, it flattened through to 2020.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Cambodia ($X per tonne), while the average price for exports to New Zealand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Asparagus Imports

Imports into Australia

In 2020, preserved asparagus imports into Australia declined to X tonnes, shrinking by -X% against 2019 figures. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, preserved asparagus imports shrank to $X in 2020. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes) and Peru (X tonnes) were the main suppliers of preserved asparagus imports to Australia.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru.

In value terms, the largest preserved asparagus suppliers to Australia were China ($X) and Peru ($X terms of the main suppliers, Peru saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2020, the average preserved asparagus import price amounted to $X per tonne, stabilizing at the previous year. In general, import price indicated a perceptible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved asparagus import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2018 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was China ($X per tonne), while the price for Peru stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in the world?
+
The countries with the highest volumes of preserved asparagus consumption in 2020 were Spain (38K tonnes), China (28K tonnes) and Germany (18K tonnes), with a combined 39% share of global consumption. These countries were followed by France, India, the U.S., Japan, Brazil, Denmark, Russia, Indonesia and Bangladesh, which together accounted for a further 27%.
What are the largest producers of preserved asparagus in the world?
+
China (78K tonnes) remains the largest preserved asparagus producing country worldwide, accounting for 36% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (36K tonnes), twofold. The third position in this ranking was occupied by India (11K tonnes), with a 4.9% share.
What are the leading suppliers of preserved asparagus to Australia?
+
In value terms, the largest preserved asparagus suppliers to Australia were China ($1.8M) and Peru ($1.7M).
What are the leading importers of preserved asparagus from Australia?
+
In value terms, New Zealand ($3K) remains the key foreign market for preserved asparagus exports from Australia, comprising 72% of total exports. The second position in the ranking was occupied by Papua New Guinea ($398), with a 9.6% share of total exports. It was followed by Malaysia, with a 8.7% share.
What is the average export price for preserved asparagus in Australia?
+
In 2020, the average preserved asparagus export price amounted to $5,452 per tonne, increasing by 23% against the previous year.
What is the average import price for preserved asparagus in Australia?
+
The average preserved asparagus import price stood at $2,920 per tonne in 2020, stabilizing at 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 Australia. 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:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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