Italy: Preserved Asparagus Market Overview 2021

Preserved Asparagus Market Size in Italy

The Italian preserved asparagus market surged to $X in 2019, growing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Preserved Asparagus Production in Italy

In value terms, preserved asparagus production surged to $X in 2019 estimated in export prices. In general, production showed a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Preserved Asparagus Exports

Exports from Italy

In 2019, preserved asparagus exports from Italy skyrocketed to X tonnes, rising by X% compared with 2018. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, preserved asparagus exports skyrocketed to $X in 2019. Overall, exports enjoyed buoyant growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

France (X tonnes), Spain (X tonnes) and Germany (X tonnes) were the main destinations of preserved asparagus exports from Italy, with a combined X% share of total exports. South Africa, Angola, Croatia, Slovenia, Belgium, Lithuania and Saudi Arabia lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Lithuania (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for preserved asparagus exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2019, the average preserved asparagus export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to Angola ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Asparagus Imports

Imports into Italy

In 2019, the amount of preserved asparagus imported into Italy rose remarkably to X tonnes, with an increase of X% against the year before. Overall, imports, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, preserved asparagus imports rose significantly to $X in 2019. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Peru (X tonnes) constituted the largest supplier of preserved asparagus to Italy, with a X% share of total imports. Moreover, preserved asparagus imports from Peru exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold.

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

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

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

Import Prices by Country

In 2019, the average preserved asparagus import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Peru ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Peru, 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 preserved asparagus in the world?

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The countries with the highest volumes of preserved asparagus consumption in 2019 were Spain (39K tonnes), China (24K tonnes) and Germany (15K tonnes), together comprising 38% of global consumption. France, India, the U.S., Denmark, Russia, Japan, Brazil, Indonesia, Bangladesh and Mexico lagged somewhat behind, together comprising a further 29%.

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

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China (77K tonnes) remains the largest preserved asparagus producing country worldwide, comprising approx. 37% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (33K tonnes), twofold. Spain (9.5K tonnes) ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of preserved asparagus to Italy?

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In value terms, Peru ($3M) constituted the largest supplier of preserved asparagus to Italy, comprising 72% of total imports. The second position in the ranking was occupied by China ($919K), with a 22% share of total imports.

What are the leading importers of preserved asparagus from Italy?

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In value terms, France ($390K) emerged as the key foreign market for preserved asparagus exports from Italy, comprising 36% of total exports. The second position in the ranking was occupied by Germany ($191K), with a 18% share of total exports. It was followed by Spain, with a 16% share.

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

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The average preserved asparagus export price stood at $3,817 per tonne in 2019, rising by 19% against the previous year.

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

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The average preserved asparagus import price stood at $3,131 per tonne in 2019, with a decrease of -2.8% against the previous year.