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Finland - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Asparagus Market Overview 2021

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Asparagus Market Size in Finland

After nine years of growth, the Finnish asparagus market decreased by -X% to $X in 2019. Overall, consumption, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X, and then reduced markedly in the following year.

Asparagus Production in Finland

In value terms, asparagus production dropped markedly to $X in 2019 estimated in export prices. In general, production saw prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018, and then reduced remarkably in the following year.

In 2019, the average yield of asparagus in Finland was estimated at X kg per ha, standing approx. at 2018 figures. In general, the yield posted a prominent increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The asparagus yield peaked in 2019 and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of asparagus were harvested in Finland; growing by X% against the previous year's figure. The harvested area increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to asparagus production attained the maximum in 2019 and is expected to retain growth in the near future.

Asparagus Exports

Exports from Finland

Asparagus exports from Finland soared to X tonnes in 2019, surging by X% against 2018 figures. Over the period under review, exports recorded a buoyant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, asparagus exports surged to $X in 2019. Overall, exports recorded buoyant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for asparagus exports from Finland, accounting for a X% share of total exports. Moreover, asparagus exports to the Netherlands exceeded the volume sent to the second major destination, Estonia (X tonnes), fourfold.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands totaled +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands amounted to +X%.

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, export price indicated a mild increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, asparagus export price decreased by -X% against 2017 indices. The growth pace was the most rapid in 2012 an increase of X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Estonia ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

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

Asparagus Imports

Imports into Finland

In 2019, overseas purchases of asparagus decreased by -X% to X tonnes for the first time since 2009, thus ending a nine-year rising trend. Overall, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes, and then reduced in the following year.

In value terms, asparagus imports contracted significantly to $X in 2019. In general, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest supplier of asparagus to Finland, with a X% share of total imports. Moreover, asparagus imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), sixfold. The third position in this ranking was occupied by Peru (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Peru (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Peru (+X% per year).

Import Prices by Country

The average asparagus import price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?
+
China (8.3M tonnes) constituted the country with the largest volume of asparagus consumption, comprising approx. 88% of total volume. It was followed by the U.S. (249K tonnes), with a 2.6% share of total consumption. The third position in this ranking was occupied by Peru (229K tonnes), with a 2.4% share.
What are the largest producers of asparagus in the world?
+
The country with the largest volume of asparagus production was China (8.3M tonnes), accounting for 88% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (367K tonnes), more than tenfold.
What are the leading suppliers of asparagus to Finland?
+
In value terms, Spain ($3.2M) constituted the largest supplier of asparagus to Finland, comprising 51% of total imports. The second position in the ranking was occupied by Belgium ($817K), with a 13% share of total imports. It was followed by Peru, with a 12% share.
What are the leading importers of asparagus from Finland?
+
In value terms, the Netherlands ($51K) emerged as the key foreign market for asparagus exports from Finland, comprising 70% of total exports. The second position in the ranking was occupied by Estonia ($21K), with a 28% share of total exports.
What is the average export price for asparagus in Finland?
+
The average asparagus export price stood at $5,556 per tonne in 2019, which is down by -26% against the previous year.
What is the average import price for asparagus in Finland?
+
In 2019, the average asparagus import price amounted to $3,934 per tonne, which is down by -20.9% against the previous year.

Product coverage:
• FCL 367 - Asparagus

This report provides an in-depth analysis of the asparagus market in Finland. 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:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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