Czech Republic - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

Czech Republic: Asparagus Market Overview 2019

Asparagus Market Size in the Czech Republic

The revenue of the asparagus market in the Czech Republic amounted to $X in 2017, approximately mirroring the previous year. In general, the total market indicated a modest growth 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 decreased by -X% against 2011 indices. The pace of growth was the most pronounced in 2011, when market value increased by X% against the previous year. In that year, the asparagus market reached their peak level of $X. From 2012 to 2017, growth of the asparagus market stood at a somewhat lower level.

Asparagus Production in the Czech Republic

In 2017, approx. X tonnes of asparagus were produced in the Czech Republic; falling by -X% against the previous year. Overall, asparagus production continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010, with an increase of 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 the Czech Republic indicated an abrupt decrease, which was largely conditioned by a deep downturn of the harvested area and a mild decrease in yield figures.

Average yield of asparagus in the Czech Republic amounted to X tonne per ha in 2017, declining by -X% against the previous year. Overall, asparagus yield continues to indicate a slight slump. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. In that year, the average asparagus yield reached 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, the total area harvested in terms of asparagus production in the Czech Republic totaled X ha, falling by -X% against the previous year. Overall, asparagus harvested area continues to indicate a measured setback. The most prominent rate of growth was recorded in 2010, when harvested area increased by X% against the previous year. The asparagus harvested area peaked of X ha in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Asparagus Exports

Exports from the Czech Republic

In 2017, the amount of asparagus exported from the Czech Republic totaled X tonnes, coming up by X% against the previous year. In general, asparagus exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2009, when exports increased by X% against the previous year. In that year, the asparagus exports attained their peak volume of X tonnes. From 2010 to 2017, growth of the asparagus exports failed to regain its momentum.

In value terms, asparagus exports stood at $X in 2017. In general, asparagus exports continue to indicate a prominent expansion. Over the period under review, the asparagus exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Exports by Country

Slovakia (X tonnes), Hungary (X tonnes) and Finland (X tonnes) were the main destinations of asparagus exports from the Czech Republic, 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 Hungary (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2017, the average annual rate of growth in terms of value to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Finland (+X% per year).

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2017, coming down by -X% against the previous year. In general, asparagus export price continues to indicate a slight increase. The pace of growth was the most pronounced in 2011, when the average export price increased by X% y-o-y. Over the period under review, the average export prices for asparagus reached its maximum level of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was Romania ($X per tonne), while average price for exports to Hungary ($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 Romania (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into the Czech Republic

Asparagus imports into the Czech Republic totaled X tonnes in 2017, going up by X% against the previous year. Overall, asparagus imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2017, when imports increased by X% against the previous year. In that year, the asparagus imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, asparagus imports stood at $X in 2017. Overall, asparagus imports continue to indicate a remarkable growth. The imports peaked in 2017, and are likely to see steady growth in the immediate term.

Imports by Country

Slovakia (X tonnes), Hungary (X tonnes) and Peru (X tonnes) were the main suppliers of asparagus imports to the Czech Republic, together comprising X% of total imports. The Netherlands, Italy, Turkey and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, Hungary ($X), Peru ($X) and Slovakia ($X) appeared to be the largest asparagus suppliers to the Czech Republic, with a combined X% share of total imports.

Hungary (+X% per year) recorded the highest rates of growth with regard to imports,among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average asparagus import price stood at $X per tonne in 2017, falling by -X% against the previous year. Overall, the import price indicated a modest growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the average import prices for asparagus attained its maximum level of $X per tonne in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Peru ($X per tonne), while price for Turkey ($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 Italy (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform