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Belgium - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Asparagus Market Overview 2019

Asparagus Market Size in Belgium

The revenue of the asparagus market in Belgium amounted to $X in 2017, shrinking by -X% against the previous year. In general, asparagus consumption continues to indicate a prominent growth. The growth pace was the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the asparagus market reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Asparagus Production in Belgium

Asparagus production in Belgium amounted to X tonnes in 2017, picking up by X% against the previous year. In general, asparagus production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. The asparagus production peaked in 2017, and is expected to retain its growth in the near future. Asparagus output in Belgium indicated a prominent growth, which was largely conditioned by a strong growth of the harvested area and a modest expansion in yield figures.

Average yield of asparagus in Belgium stood at X tonne per ha in 2017, approximately mirroring the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2009, when yield increased by X% year-to-year. The asparagus yield peaked of X tonne per ha in 2011; however, from 2012 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of asparagus were harvested in Belgium; increasing by X% against the previous year. In general, asparagus harvested area continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to asparagus production reached its maximum in 2017, and is likely to see steady growth in the near future.

Asparagus Exports

Exports from Belgium

In 2017, asparagus exports from Belgium totaled X tonnes, going up by X% against the previous year. Overall, asparagus exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, when exports increased by X% y-o-y. Over the period under review, the asparagus exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, asparagus exports amounted to $X in 2017. In general, asparagus exports continue to indicate a prominent growth. Over the period under review, the asparagus exports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Exports by Country

The Netherlands (X tonnes), France (X tonnes) and Sweden (X tonnes) were the main destinations of asparagus exports from Belgium, together comprising X% of total exports. These countries were followed by Norway, Germany, Luxembourg and Russia, which together accounted for a further X%.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for asparagus exports from Belgium, making up X% of total asparagus exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2017, the average annual growth rate of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2017, the average asparagus export price amounted to $X per tonne, surging by X% against the previous year. Overall, asparagus export price continues to indicate a slight setback. The pace of growth was the most pronounced in 2012, an increase of X% against the previous year. Over the period under review, the average export prices for asparagus attained its peak figure level of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was Norway ($X per tonne), while average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Russia (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into Belgium

In 2017, asparagus imports into Belgium amounted to X tonnes, shrinking by -X% against the previous year. In general, the total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the asparagus imports increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2016, when imports increased by X% year-to-year. In that year, the asparagus imports reached their peak volume of X tonnes, and then declined slightly in the following year.

In value terms, asparagus imports amounted to $X in 2017. In general, the total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the asparagus imports increased by +X% against 2015 indices. Over the period under review, the asparagus imports reached its maximum level of $X in 2016, and then declined slightly in the following year.

Imports by Country

In 2017, the Netherlands (X tonnes) constituted the largest supplier of asparagus to Belgium, accounting for X% share of total imports. Moreover, asparagus imports from the Netherlands exceeded the figures recorded by the second largest supplier, Peru (X tonnes), twofold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Germany (+X% per year).

In value terms, largest asparagus suppliers to Belgium were the Netherlands ($X), Peru ($X) and Germany ($X), together comprising X% of total imports.

Among the main suppliers, Germany (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average asparagus import price stood at $X per tonne in 2017, waning by -X% against the previous year. Overall, asparagus import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. In that year, the average import prices for asparagus attained their peak level of $X per tonne. From 2014 to 2017, growth of the average import prices for asparagus stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Peru ($X per tonne), while price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Peru (+X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 367 - Asparagus

This report provides an in-depth analysis of the asparagus market in Belgium. 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:
• Belgium

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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 2025
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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