Czech Republic: Asparagus Market Overview 2021

Asparagus Market Size in the Czech Republic

In 2019, the Czech asparagus market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded tangible growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2012 to 2019, the growth of the market failed to regain the momentum.

Asparagus Production in the Czech Republic

In value terms, asparagus production dropped sharply to $X in 2019 estimated in export prices. Over the period under review, production posted a perceptible increase. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

In 2019, the average yield of asparagus in the Czech Republic contracted modestly to X tonnes per ha, which is down by -X% against the previous year's figure. Overall, the yield showed a mild contraction. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. From 2009 to 2019, the growth of the average asparagus yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The asparagus harvested area in the Czech Republic fell to X ha in 2019, shrinking by -X% against 2018 figures. Overall, the harvested area showed a mild descent. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The asparagus harvested area peaked at X ha in 2012; however, from 2013 to 2019, the harvested area stood at a somewhat lower figure.

Asparagus Exports

Exports from the Czech Republic

In 2019, asparagus exports from the Czech Republic shrank notably to X tonnes, waning by -X% against 2018. Overall, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, asparagus exports contracted dramatically to $X in 2019. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for asparagus exports from the Czech Republic, with a X% share of total exports. Moreover, asparagus exports to Slovakia exceeded the volume sent to the second major destination, Bulgaria (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to Slovakia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-X% per year) and Finland (-X% per year).

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

From 2007 to 2019, the average annual growth rate of value to Slovakia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-X% per year) and Bulgaria (-X% per year).

Export Prices by Country

In 2019, the average asparagus export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The growth pace was the most rapid in 2011 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Finland ($X per tonne), while the average price for exports to Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into the Czech Republic

Asparagus imports into the Czech Republic contracted markedly to X tonnes in 2019, shrinking by -X% against the year before. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, asparagus imports shrank to $X in 2019. Over the period under review, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X tonnes), Germany (X tonnes) and Slovakia (X tonnes) were the main suppliers of asparagus imports to the Czech Republic, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest asparagus suppliers to the Czech Republic were Germany ($X), Slovakia ($X) and Hungary ($X), together accounting for X% of total imports.

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

Import Prices by Country

The average asparagus import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2010; however, from 2011 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?

+

The country with the largest volume of asparagus consumption was China (8.2M tonnes), accounting for 87% of total volume. It was followed by the U.S. (249K tonnes), with a 2.7% share of total consumption. The third position in this ranking was occupied by Peru (232K tonnes), with a 2.5% share.

What are the largest producers of asparagus in the world?

+

China (8.2M tonnes) remains the largest asparagus producing country worldwide, accounting for 87% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (369K tonnes), more than tenfold.

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

+

In value terms, Germany ($329K), Slovakia ($291K) and Hungary ($286K) constituted the largest asparagus suppliers to the Czech Republic, together accounting for 57% of total imports.

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

+

In value terms, Slovakia ($61K) remains the key foreign market for asparagus exports from the Czech Republic, comprising 85% of total exports. The second position in the ranking was occupied by Finland ($5.2K), with a 7.3% share of total exports.

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

+

In 2019, the average asparagus export price amounted to $3,497 per tonne, dropping by -35.1% against the previous year.

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

+

The average asparagus import price stood at $4,175 per tonne in 2019, increasing by 25% against the previous year.