Japan: Preserved Asparagus Market Overview 2021

Preserved Asparagus Market Size in Japan

The Japanese preserved asparagus market stood at $X in 2020, remaining constant against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Preserved asparagus consumption peaked at $X in 2010; however, from 2011 to 2020, consumption stood at a somewhat lower figure.

Preserved Asparagus Production in Japan

In value terms, preserved asparagus production contracted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Preserved asparagus production peaked at $X in 2010; however, from 2011 to 2020, production remained at a lower figure.

Preserved Asparagus Exports

Exports from Japan

In 2020, shipments abroad of preserved asparagus increased by X% to X kg, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, preserved asparagus exports soared to $X in 2020. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for preserved asparagus exports from Japan, accounting for a X% share of total exports. Moreover, preserved asparagus exports to Singapore exceeded the volume sent to the second major destination, Macao SAR (X kg), twofold.

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

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

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

Export Prices by Country

In 2020, the average preserved asparagus export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price saw a noticeable descent. The pace of growth was the most pronounced in 2012 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Macao SAR amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR.

Preserved Asparagus Imports

Imports into Japan

In 2020, supplies from abroad of preserved asparagus increased by X% to X tonnes, rising for the second year in a row after six years of decline. Overall, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, preserved asparagus imports reached $X in 2020. In general, imports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tonnes) and China (X tonnes) were the main suppliers of preserved asparagus imports to Japan.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru.

In value terms, Peru ($X) and China ($X) were the largest preserved asparagus suppliers to Japan.

Peru saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2020, the average preserved asparagus import price amounted to $X per tonne, stabilizing at the previous year. Over the period under review, import price indicated a pronounced expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved asparagus import price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Peru ($X per tonne), while the price for China totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

+

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 accounting for a further 27%.

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

+

China (78K tonnes) constituted the country with the largest volume of preserved asparagus production, accounting for 36% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (36K tonnes), twofold. The third position in this ranking was occupied by India (11K tonnes), with a 4.9% share.

What are the leading suppliers of preserved asparagus to Japan?

+

In value terms, the largest preserved asparagus suppliers to Japan were Peru ($2M) and China ($1.7M).

What are the leading importers of preserved asparagus from Japan?

+

In value terms, Singapore ($956) emerged as the key foreign market for preserved asparagus exports from Japan, comprising 68% of total exports. The second position in the ranking was occupied by Macao SAR ($448), with a 32% share of total exports.

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

+

The average preserved asparagus export price stood at $2,867 per tonne in 2020, declining by -33.7% against the previous year.

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

+

The average preserved asparagus import price stood at $3,988 per tonne in 2020, approximately reflecting the previous year.