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

Asparagus Market Size in Ireland

In 2020, after two years of growth, there was significant decline in the Irish asparagus market, when its value decreased by -X% to $X. In general, consumption saw a buoyant increase. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Asparagus consumption peaked at $X in 2019, and then reduced in the following year.

Asparagus Exports

Exports from Ireland

In 2020, approx. X tonnes of asparagus were exported from Ireland; falling by -X% compared with 2019 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, asparagus exports reduced remarkably to $X in 2020. In general, exports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

The UK (X tonnes) was the main destination for asparagus exports from Ireland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK stood at +X%.

In value terms, the UK ($X) also remains the key foreign market for asparagus exports from Ireland.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK stood at +X%.

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2020, approximately reflecting the previous year. In general, the export price posted a temperate increase. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

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

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

Asparagus Imports

Imports into Ireland

In 2020, the amount of asparagus imported into Ireland skyrocketed to X tonnes, picking up by X% against 2019. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

In value terms, asparagus imports reduced rapidly to $X in 2020. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then contracted sharply in the following year.

Imports by Country

Peru (X tonnes), the Netherlands (X tonnes) and Mexico (X tonnes) were the main suppliers of asparagus imports to Ireland, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Mexico (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2020, the average asparagus import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Spain ($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 UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?
+
China (8.5M tonnes) constituted the country with the largest volume of asparagus consumption, accounting for 88% of total volume. It was followed by the U.S. (261K tonnes), with a 2.7% share of total consumption. The third position in this ranking was occupied by Peru (246K tonnes), with a 2.5% share.
What are the largest producers of asparagus in the world?
+
China (8.5M tonnes) constituted the country with the largest volume of asparagus production, accounting for 88% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (375K tonnes), more than tenfold.
What are the leading suppliers of asparagus to Ireland?
+
In value terms, Peru ($2.2M) constituted the largest supplier of asparagus to Ireland, comprising 51% of total imports. The second position in the ranking was occupied by Mexico ($776K), with a 18% share of total imports. It was followed by the Netherlands, with a 18% share.
What are the leading importers of asparagus from Ireland?
+
In value terms, the UK ($42K) remains the key foreign market for asparagus exports from Ireland.
What is the average export price for asparagus in Ireland?
+
The average asparagus export price stood at $4,800 per tonne in 2020, almost unchanged from the previous year.
What is the average import price for asparagus in Ireland?
+
In 2020, the average asparagus import price amounted to $3,293 per tonne, reducing by -38.5% against the previous year.

Product coverage:
• FCL 367 - Asparagus

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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