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

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Asparagus Market Size in Israel

The Israeli asparagus market shrank to $X in 2019, reducing by -X% against the previous year. Overall, consumption saw a tangible increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Asparagus Production in Israel

In value terms, asparagus production declined to $X in 2019 estimated in export prices. Over the period under review, production enjoyed a modest increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X, and then shrank in the following year.

In 2019, the average yield of asparagus in Israel rose notably to X tonnes per ha, growing by X% compared with the previous year's figure. Overall, the yield enjoyed a strong increase. The growth pace was the most rapid in 2013 when the yield increased by X% year-to-year. Over the period under review, the average asparagus yield reached the peak level in 2019 and is expected to retain 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 Israel; waning by -X% compared with the previous year's figure. In general, the harvested area continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to asparagus production reached the maximum at X ha in 2007; however, from 2008 to 2019, the harvested area stood at a somewhat lower figure.

Asparagus Exports

Exports from Israel

In 2019, the amount of asparagus exported from Israel contracted sharply to X tonnes, with a decrease of -X% on 2018 figures. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, asparagus exports dropped sharply to $X in 2019. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X kg), the Czech Republic (X kg) and Canada (X kg) were the main destinations of asparagus exports from Israel, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic, while exports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the Czech Republic ($X) and Canada ($X) were the largest markets for asparagus exported from Israel worldwide, with a combined X% share of total exports.

Among the main countries of destination, the Czech Republic (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average asparagus export price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, export price indicated a prominent expansion 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 increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to Canada ($X per tonne) and Austria ($X per tonne), while the average price for exports to Germany ($X per tonne) and the Czech Republic ($X per tonne) were amongst the lowest.

From 2007 to 2019, 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 more modest paces of growth.

Asparagus Imports

Imports into Israel

In 2019, overseas purchases of asparagus decreased by -X% to X kg, falling for the fourth consecutive year after two years of decline. In general, imports saw a sharp shrinkage. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, asparagus imports shrank to $X in 2019. Overall, imports continue to indicate a dramatic slump. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the UK (X kg) was the main asparagus supplier to Israel, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of asparagus to Israel.

From 2007 to 2019, the average annual rate of growth in terms of value from the UK was relatively modest.

Import Prices by Country

In 2019, the average asparagus import price amounted to $X per tonne, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the rate of growth in terms of prices for the UK amounted to X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?
+
China (8.2M tonnes) constituted the country with the largest volume of asparagus consumption, comprising approx. 87% of total volume. It was followed by the U.S. (249K tonnes), with a 2.7% share of total consumption. Peru (232K tonnes) ranked third in terms of total consumption with a 2.5% share.
What are the largest producers of asparagus in the world?
+
China (8.2M tonnes) remains the largest asparagus producing country worldwide, accounting for 87% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (369K tonnes), more than tenfold.
What are the leading suppliers of asparagus to Israel?
+
In value terms, the UK ($2.4K) constituted the largest supplier of asparagus to Israel.
What are the leading importers of asparagus from Israel?
+
In value terms, the largest markets for asparagus exported from Israel were Germany ($3.2K), the Czech Republic ($2.3K) and Canada ($2.2K), together accounting for 96% of total exports.
What is the average export price for asparagus in Israel?
+
In 2019, the average asparagus export price amounted to $5,793 per tonne, reducing by -12.6% against the previous year.
What is the average import price for asparagus in Israel?
+
The average asparagus import price stood at $4,754 per tonne in 2019, rising by 3.3% against the previous year.

Product coverage:
• FCL 367 - Asparagus

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

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