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

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Colombia: Asparagus Market Overview 2019

Asparagus Market Size in Colombia

The revenue of the asparagus market in Colombia amounted to $X in 2017, coming up by X% against the previous year. In general, asparagus consumption continues to indicate an abrupt setback. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. The asparagus consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Asparagus Production in Colombia

In 2017, the amount of asparagus produced in Colombia amounted to X tonnes, increasing by X% against the previous year. Overall, asparagus production continues to indicate a deep setback. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the asparagus production attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum. Asparagus output in Colombia indicated a deep descent, which was largely conditioned by a drastic curtailment of the harvested area and a deep contraction in yield figures.

Average yield of asparagus in Colombia totaled X tonne per ha in 2017, falling by -X% against the previous year. In general, asparagus yield continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2008, when yield increased by X% year-to-year. In that year, the average asparagus yield attained their peak level of X tonne per ha. From 2009 to 2017, growth of the average asparagus yield failed to regain its momentum. 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 Colombia amounted to X ha, surging by X% against the previous year. Overall, asparagus harvested area continues to indicate a drastic decline. The growth pace was the most rapid in 2016, when harvested area increased by X% against the previous year. The asparagus harvested area peaked of X ha in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Asparagus Exports

Exports from Colombia

In 2017, asparagus exports from Colombia totaled X kg, surging by X% against the previous year. In general, asparagus exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The exports peaked of X kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, asparagus exports stood at $X in 2017. Overall, asparagus exports continue to indicate a precipitous contraction. Over the period under review, the asparagus exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Exports by Country

Costa Rica (X kg), the Netherlands (X kg) and Curacao (X kg) were the main destinations of asparagus exports from Colombia, together accounting for X% of total exports.

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

In value terms, Costa Rica ($X), the Netherlands ($X) and the Czech Republic ($X) appeared to be the largest markets for asparagus exported from Colombia worldwide, together accounting for X% of total exports. Qatar, Curacao and the U.S. lagged somewhat behind, together accounting for a further X%.

Qatar (-X% per year) recorded the highest growth rate of exports,in terms of the main countries of destination over the last decade, while the other leaders experienced a decline.

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 most prominent rate of growth was recorded in 2015, 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 2016 to 2017, growth of the average export prices for asparagus failed to regain its momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was the Netherlands ($X per tonne), while average price for exports to Curacao ($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 Qatar (+X% per year), the export prices for other major destinations experienced a decline.

Asparagus Imports

Imports into Colombia

In 2017, approx. X tonnes of asparagus were imported into Colombia; lowering by -X% against the previous year. In general, asparagus imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the asparagus imports reached their peak volume of X tonnes. From 2015 to 2017, growth of the asparagus imports stood at a somewhat lower level.

In value terms, asparagus imports stood at $X in 2017. Overall, asparagus imports continue to indicate a prominent increase. Over the period under review, the asparagus imports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Imports by Country

In 2017, Peru (X tonnes) was the main asparagus supplier to Colombia, accounting for approx. X% share of total imports.

From 2007 to 2017, the average annual growth rate of volume from Peru totaled +X%.

In value terms, Peru ($X) constituted the largest supplier of asparagus to Colombia.

From 2007 to 2017, the average annual rate of growth in terms of value from Peru amounted to +X%.

Import Prices by Country

In 2017, the average asparagus import price amounted to $X per tonne, jumping 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 2012, when it surged by X% against the previous year. Over the period under review, the average import prices for asparagus reached its peak figure level in 2017, and is likely to see steady growth in the near future.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Peru (+X% per year).

Source: IndexBox AI Platform

Product coverage:
• FCL 367 - Asparagus

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

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