Latest Report Update: Apr 11, 2019

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

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China: Asparagus Market Overview 2019

Asparagus Market Size in China

The revenue of the asparagus market in China amounted to $X in 2017, rising by X% against the previous year. Overall, the total market 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 consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. In that year, the asparagus market attained their peak level, and is likely to continue its growth in the immediate term.

Asparagus Production in China

In 2017, production of asparagus in China totaled X tonnes, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. The asparagus production peaked in 2017, and is expected to retain its growth in the near future. Asparagus output in China indicated a temperate increase, which was largely conditioned by a moderate expansion of the harvested area and a slight increase in yield figures.

In 2017, average asparagus yield in China amounted to X tonne per ha, remaining stable against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. The asparagus yield peaked in 2017, and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, asparagus harvested area in China stood at X ha, stabilizing at the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. The asparagus harvested area peaked in 2017, and is expected to retain its growth in the immediate term.

Asparagus Exports

Exports from China

In 2017, approx. X tonnes of asparagus were exported from China; coming up by X% against the previous year. In general, asparagus exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. Over the period under review, the asparagus exports attained its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, asparagus exports stood at $X in 2017. Overall, asparagus exports continue to indicate a prominent expansion. In that year, the asparagus exports attained their peak level of $X. From 2013 to 2017, growth of the asparagus exports failed to regain its momentum.

Exports by Country

Kazakhstan (X tonnes), Thailand (X tonnes) and Guatemala (X tonnes) were the main destinations of asparagus exports from China, together comprising X% of total exports. These countries were followed by Australia, the Netherlands and Denmark, 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 Australia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Guatemala ($X) and Thailand ($X) were the largest markets for asparagus exported from China worldwide, together comprising X% of total exports. Australia, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Australia (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2017, shrinking by -X% against the previous year. Overall, asparagus export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. In that year, the average export prices for asparagus attained their peak level of $X per tonne. From 2013 to 2017, growth of the average export prices for asparagus stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was Guatemala ($X per tonne), while average price for exports to Denmark ($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 the Netherlands (-X% per year), the export prices for other major destinations experienced a decline.

Asparagus Imports

Imports into China

In 2017, the amount of asparagus imported into China amounted to X tonnes, coming down by -X% against the previous year. Overall, asparagus imports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous 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, asparagus imports continue to indicate a measured expansion. In that year, the asparagus imports reached their peak level of $X. From 2010 to 2017, growth of the asparagus imports failed to regain its momentum.

Imports by Country

Peru (X tonnes), Australia (X tonnes) and the U.S. (X tonnes) were the main suppliers of asparagus imports to China, with a combined X% share of total imports.

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

In value terms, Peru ($X) constituted the largest supplier of asparagus to China, making up X% of total asparagus imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2017, the average asparagus import price amounted to $X per tonne, going up by X% against the previous year. Overall, asparagus import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. Over the period under review, the average import prices for asparagus reached its peak figure level of $X per tonne in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of origin; the country with the highest import price was Peru ($X per tonne), while price for the U.S. ($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 Thailand (-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 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 2025.


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. 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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