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Northern America - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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Northern America: Preserved Asparagus Market Overview 2021

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Preserved Asparagus Market Size in Northern America

The North American preserved asparagus market declined modestly to $X in 2020, standing approx. at the previous year. In general, consumption, however, saw a slight downturn. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market remained at a lower figure.

Preserved Asparagus Production in Northern America

In value terms, preserved asparagus production contracted markedly to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded strong growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Production By Country in Northern America

Canada (X tonnes) remains the largest preserved asparagus producing country in Northern America, accounting for X% of total volume. Moreover, preserved asparagus production in Canada exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), twofold.

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

Preserved Asparagus Exports

Exports in Northern America

After four years of decline, shipments abroad of preserved asparagus increased by X% to X tonnes in 2020. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2016 to 2020, the growth exports failed to regain the momentum.

In value terms, preserved asparagus exports surged to $X in 2020. In general, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2016 to 2020, the growth exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) represented roughly X% of total exports of preserved asparagus in 2020.

The U.S. was also the fastest-growing in terms of the preserved asparagus exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest preserved asparagus supplier in Northern America.

From 2007 to 2020, the average annual growth rate of value in the U.S. amounted to -X%.

Export Prices by Country

In 2020, the preserved asparagus export price in Northern America amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2018; however, from 2019 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 U.S..

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

Preserved Asparagus Imports

Imports in Northern America

In 2020, purchases abroad of preserved asparagus increased by X% to X tonnes, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2009 to 2020, the growth imports remained at a lower figure.

In value terms, preserved asparagus imports soared to $X in 2020. Over the period under review, imports, however, continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

The U.S. dominates preserved asparagus imports structure, resulting at X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by Canada (X tonnes), achieving a X% share of total imports.

The U.S. was also the fastest-growing in terms of the preserved asparagus imports, with a CAGR of -X% from 2007 to 2020. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported preserved asparagus in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in the U.S. amounted to -X%.

Import Prices by Country

In 2020, the preserved asparagus import price in Northern America amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada amounted to $X per tonne.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in Northern America?
+
The country with the largest volume of preserved asparagus consumption was the U.S. (8.2K tonnes), accounting for 86% of total volume. Moreover, preserved asparagus consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (1.3K tonnes), sixfold.
What are the largest producers of preserved asparagus in Northern America?
+
Canada (779 tonnes) remains the largest preserved asparagus producing country in Northern America, accounting for 70% of total volume. Moreover, preserved asparagus production in Canada exceeded the figures recorded by the second-largest producer, the U.S. (328 tonnes), twofold.
What are the leading suppliers of preserved asparagus in Northern America?
+
In value terms, the U.S. ($628K) remains the largest preserved asparagus supplier in Northern America.
What are the leading importers of preserved asparagus in Northern America?
+
In value terms, the U.S. ($22M) constitutes the largest market for imported preserved asparagus in Northern America, comprising 95% of total imports. The second position in the ranking was occupied by Canada ($1.3M), with a 5.3% share of total imports.
What is the average export price for preserved asparagus in Northern America?
+
The preserved asparagus export price in Northern America stood at $2,969 per tonne in 2020, waning by -15.7% against the previous year.
What is the average import price for preserved asparagus in Northern America?
+
The preserved asparagus import price in Northern America stood at $2,744 per tonne in 2020, reducing by -3.1% against the previous year.

Product coverage:
• Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the preserved asparagus market in Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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
CONSUMPTION BY COUNTRY
3.3
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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