Czech Republic: Asparagus Market Overview 2021

Asparagus Market Size in the Czech Republic

The Czech asparagus market rose slightly to $X in 2020, increasing by X% against the previous year. Over the period under review, consumption, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Asparagus Production in the Czech Republic

In value terms, asparagus production stood at $X in 2020 estimated in export prices. Over the period under review, production showed temperate growth. The pace of growth was the most pronounced in 2010 when the production volume increased by X% against the previous year. Asparagus production peaked at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

In 2020, the average yield of asparagus in the Czech Republic fell slightly to X tonnes per ha, which is down by -X% on 2019. Over the period under review, the yield saw a slight decline. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. from 2009 to 2020, the growth of the average asparagus yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the asparagus harvested area in the Czech Republic dropped modestly to X ha, reducing by -X% compared with 2019. Overall, the harvested area recorded a slight setback. The most prominent rate of growth was recorded in 2010 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to asparagus production attained the peak figure at X ha in 2012; however, from 2013 to 2020, the harvested area failed to regain the momentum.

Asparagus Exports

Exports from the Czech Republic

In 2020, shipments abroad of asparagus was finally on the rise to reach X tonnes after two years of decline. Overall, exports, however, showed a abrupt descent. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, asparagus exports skyrocketed to $X in 2020. Over the period under review, exports, however, saw a pronounced shrinkage. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for asparagus exports from the Czech Republic, accounting for a X% share of total exports. It was followed by Hungary (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Slovakia amounted to -X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Slovakia stood at -X%.

Export Prices by Country

In 2020, the average asparagus export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Hungary ($X per tonne), while the average price for exports to Slovakia amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary.

Asparagus Imports

Imports into the Czech Republic

In 2020, after two years of decline, there was significant growth in purchases abroad of asparagus, when their volume increased by X% to X tonnes. In general, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, asparagus imports totaled $X in 2020. Over the period under review, imports saw a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2018 to 2020, the growth imports remained at a lower figure.

Imports by Country

Germany (X tonnes), Spain (X tonnes) and Slovakia (X tonnes) were the main suppliers of asparagus imports to the Czech Republic, together accounting for X% of total imports. These countries were followed by Hungary, Italy, Peru and Greece, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Peru ($X) and Slovakia ($X) appeared to be the largest asparagus suppliers to the Czech Republic, together comprising X% of total imports.

Germany saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average asparagus import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?

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China (8.5M tonnes) constituted the country with the largest volume of asparagus consumption, accounting for 88% of total volume. It was followed by the U.S. (261K tonnes), with a 2.7% share of total consumption. The third position in this ranking was occupied by Peru (246K tonnes), with a 2.5% share.

What are the largest producers of asparagus in the world?

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China (8.5M tonnes) remains the largest asparagus producing country worldwide, accounting for 88% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (375K tonnes), more than tenfold.

What are the leading suppliers of asparagus to the Czech Republic?

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In value terms, the largest asparagus suppliers to the Czech Republic were Germany ($324K), Peru ($316K) and Slovakia ($252K), together comprising 55% of total imports.

What are the leading importers of asparagus from the Czech Republic?

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In value terms, Slovakia ($154K) remains the key foreign market for asparagus exports from the Czech Republic, comprising 94% of total exports. The second position in the ranking was occupied by Hungary ($7.9K), with a 4.8% share of total exports.

What is the average export price for asparagus in the Czech Republic?

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The average asparagus export price stood at $3,693 per tonne in 2020, rising by 6.2% against the previous year.

What is the average import price for asparagus in the Czech Republic?

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In 2020, the average asparagus import price amounted to $3,555 per tonne, with a decrease of -7.5% against the previous year.