Germany: Preserved Asparagus Market Overview 2021

Preserved Asparagus Market Size in Germany

The German preserved asparagus market surged to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a pronounced decline. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Preserved asparagus consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Preserved Asparagus Exports

Exports from Germany

Preserved asparagus exports from Germany contracted to X tonnes in 2020, dropping by -X% against 2019 figures. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports rose notably to $X in 2020. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Denmark (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main destinations of preserved asparagus exports from Germany, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark, while exports for the other leaders experienced a decline.

In value terms, France ($X), Denmark ($X) and the Netherlands ($X) constituted the largest markets for preserved asparagus exported from Germany worldwide, with a combined X% share of total exports.

Denmark saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average preserved asparagus export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced a decline.

Preserved Asparagus Imports

Imports into Germany

Preserved asparagus imports into Germany surged to X tonnes in 2020, jumping by X% against the previous year's figure. Over the period under review, imports, however, showed a pronounced slump. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. from 2012 to 2020, the growth imports remained at a lower figure.

In value terms, preserved asparagus imports totaled $X in 2020. Overall, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) constituted the largest preserved asparagus supplier to Germany, with a X% share of total imports. Moreover, preserved asparagus imports from China exceeded the figures recorded by the second-largest supplier, Peru (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and the Netherlands (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average preserved asparagus import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in the world?

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The countries with the highest volumes of preserved asparagus consumption in 2020 were Spain (38K tonnes), China (28K tonnes) and Germany (18K tonnes), with a combined 39% share of global consumption. France, India, the U.S., Japan, Brazil, Denmark, Russia, Indonesia and Bangladesh lagged somewhat behind, together comprising a further 27%.

What are the largest producers of preserved asparagus in the world?

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The country with the largest volume of preserved asparagus production was China (78K tonnes), comprising approx. 36% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (36K tonnes), twofold. India (11K tonnes) ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of preserved asparagus to Germany?

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In value terms, China ($28M) constituted the largest supplier of preserved asparagus to Germany, comprising 58% of total imports. The second position in the ranking was occupied by Peru ($12M), with a 26% share of total imports.

What are the leading importers of preserved asparagus from Germany?

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In value terms, France ($2.7M), Denmark ($1.7M) and the Netherlands ($668K) appeared to be the largest markets for preserved asparagus exported from Germany worldwide, together accounting for 68% of total exports.

What is the average export price for preserved asparagus in Germany?

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The average preserved asparagus export price stood at $2,693 per tonne in 2020, with an increase of 13% against the previous year.

What is the average import price for preserved asparagus in Germany?

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The average preserved asparagus import price stood at $2,262 per tonne in 2020, declining by -4% against the previous year.