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

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Preserved Asparagus Market Size in Eastern Asia

In 2020, the East Asian preserved asparagus market increased by X% to $X, rising for the third year in a row after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Preserved Asparagus Production in Eastern Asia

In value terms, preserved asparagus production expanded slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Production By Country in Eastern Asia

China (X tonnes) constituted the country with the largest volume of preserved asparagus production, accounting for X% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), more than tenfold.

In China, preserved asparagus production contracted by an average annual rate of -X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and South Korea (+X% per year).

Preserved Asparagus Exports

Exports in Eastern Asia

Preserved asparagus exports fell slightly to X tonnes in 2020, dropping by -X% against the year before. Overall, exports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports contracted slightly to $X in 2020. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, China (X tonnes) represented the major exporter of preserved asparagus in Eastern Asia, comprising X% of total export.

China was also the fastest-growing in terms of the preserved asparagus exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest preserved asparagus supplier in Eastern Asia.

In China, preserved asparagus exports declined by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the preserved asparagus export price in Eastern Asia amounted to $X per tonne, remaining constant against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Preserved Asparagus Imports

Imports in Eastern Asia

In 2020, overseas purchases of preserved asparagus increased by X% to X tonnes, rising for the third consecutive year after five years of decline. In general, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. The volume of import peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, preserved asparagus imports surged to $X in 2020. Over the period under review, imports, however, saw a noticeable contraction. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. The level of import peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Japan prevails in preserved asparagus imports structure, accounting for X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by Hong Kong SAR (X tonnes), making up a X% share of total imports. Taiwan (Chinese) (X tonnes) held a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to preserved asparagus imports into Japan stood at -X%. At the same time, Taiwan (Chinese) (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Hong Kong SAR and Taiwan (Chinese) increased by +X% and +X% percentage points, while Japan (-X p.p.) saw their share reduced.

In value terms, Japan ($X) constitutes the largest market for imported preserved asparagus in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Japan stood at -X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

The preserved asparagus import price in Eastern Asia stood at $X per tonne in 2020, remaining constant against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in Eastern Asia?
+
China (29K tonnes) remains the largest preserved asparagus consuming country in Eastern Asia, accounting for 78% of total volume. Moreover, preserved asparagus consumption in China exceeded the figures recorded by the second-largest consumer, Japan (4.2K tonnes), sevenfold. The third position in this ranking was occupied by South Korea (2.1K tonnes), with a 5.6% share.
What are the largest producers of preserved asparagus in Eastern Asia?
+
The country with the largest volume of preserved asparagus production was China (78K tonnes), comprising approx. 92% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Japan (3.3K tonnes), more than tenfold.
What are the leading suppliers of preserved asparagus in Eastern Asia?
+
In value terms, China ($121M) remains the largest preserved asparagus supplier in Eastern Asia.
What are the leading importers of preserved asparagus in Eastern Asia?
+
In value terms, Japan ($3.8M) constitutes the largest market for imported preserved asparagus in Eastern Asia, comprising 94% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($226K), with a 5.6% share of total imports.
What is the average export price for preserved asparagus in Eastern Asia?
+
In 2020, the preserved asparagus export price in Eastern Asia amounted to $2,425 per tonne, flattening at the previous year.
What is the average import price for preserved asparagus in Eastern Asia?
+
In 2020, the preserved asparagus import price in Eastern Asia amounted to $3,928 per tonne, therefore, remained relatively 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 Eastern Asia. 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:
• China, Macao SAR
• Democratic People's Republic of Korea
• Taiwan, Chinese

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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