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

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Preserved Asparagus Market Size in Colombia

In 2019, the Colombian preserved asparagus market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.

Preserved Asparagus Production in Colombia

In value terms, preserved asparagus production rose markedly to $X in 2019 estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Preserved Asparagus Exports

Exports from Colombia

For the third year in a row, Colombia recorded decline in overseas shipments of preserved asparagus, which decreased by -X% to X kg in 2019. Over the period under review, exports showed a precipitous slump. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports dropped modestly to $X in 2019. In general, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Venezuela (X kg) was the main destination for preserved asparagus exports from Colombia, with a X% share of total exports. Moreover, preserved asparagus exports to Venezuela exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Venezuela totaled -X%.

In value terms, Venezuela ($X) remains the key foreign market for preserved asparagus exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Venezuela stood at -X%.

Export Prices by Country

The average preserved asparagus export price stood at $X per tonne in 2019, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Venezuela amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Preserved Asparagus Imports

Imports into Colombia

In 2019, approx. X tonnes of preserved asparagus were imported into Colombia; remaining relatively unchanged against 2018. In general, imports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, preserved asparagus imports amounted to $X in 2019. Overall, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Peru (X tonnes) constituted the largest preserved asparagus supplier to Colombia, accounting for a X% share of total imports. Moreover, preserved asparagus imports from Peru exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. France (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Peru was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and France (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Peru was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and China (-X% per year).

Import Prices by Country

The average preserved asparagus import price stood at $X per tonne in 2019, standing approx. at the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI 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 2019 were Spain (39K tonnes), China (24K tonnes) and Germany (15K tonnes), with a combined 38% share of global consumption. These countries were followed by France, India, the U.S., Denmark, Russia, Japan, Brazil, Indonesia, Bangladesh and Mexico, which together accounted for a further 29%.
What are the largest producers of preserved asparagus in the world?
+
The country with the largest volume of preserved asparagus production was China (77K tonnes), comprising approx. 37% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (33K tonnes), twofold. The third position in this ranking was occupied by Spain (9.5K tonnes), with a 4.5% share.
What are the leading suppliers of preserved asparagus to Colombia?
+
In value terms, Peru ($167K) constituted the largest supplier of preserved asparagus to Colombia, comprising 57% of total imports. The second position in the ranking was occupied by France ($73K), with a 25% share of total imports. It was followed by China, with a 16% share.
What are the leading importers of preserved asparagus from Colombia?
+
In value terms, Venezuela ($43) remains the key foreign market for preserved asparagus exports from Colombia, comprising 96% of total exports. The second position in the ranking was occupied by the Netherlands ($1.6), with a 3.5% share of total exports.
What is the average export price for preserved asparagus in Colombia?
+
The average preserved asparagus export price stood at $1,954 per tonne in 2019, therefore, remained relatively stable against the previous year.
What is the average import price for preserved asparagus in Colombia?
+
The average preserved asparagus import price stood at $3,265 per tonne in 2019, remaining stable 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 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 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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