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

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Asparagus Market Size in Pakistan

In 2020, the Pakistani asparagus market decreased by -X% to $X for the first time since 2014, thus ending a five-year rising trend. In general, consumption, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Asparagus consumption peaked at $X in 2019, and then fell significantly in the following year.

Asparagus Exports

Exports from Pakistan

In 2020, shipments abroad of asparagus increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, asparagus exports skyrocketed to $X in 2020. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Qatar was relatively modest.

From 2007 to 2020, the average annual rate of growth in terms of value to Qatar was relatively modest.

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2011; however, from 2012 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 Qatar.

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

Asparagus Imports

Imports into Pakistan

After five years of growth, overseas purchases of asparagus decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2009 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2019, and then shrank in the following year.

In value terms, asparagus imports reached $X in 2020. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in years to come.

Imports by Country

Thailand (X tonnes) and the United Arab Emirates (X tonnes) were the main suppliers of asparagus imports to Pakistan.

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

In value terms, the United Arab Emirates ($X) and Thailand ($X) were the largest asparagus suppliers to Pakistan.

The United Arab Emirates 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 asparagus import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the United Arab Emirates ($X per tonne), while the price for Thailand amounted to $X per tonne.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?
+
The country with the largest volume of asparagus consumption was China (8.5M tonnes), comprising approx. 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?
+
The country with the largest volume of asparagus production was China (8.5M tonnes), 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 Pakistan?
+
In value terms, the largest asparagus suppliers to Pakistan were the United Arab Emirates ($25K) and Thailand ($18K).
What is the average export price for asparagus in Pakistan?
+
The average asparagus export price stood at $1,356 per tonne in 2020, shrinking by -27% against the previous year.
What is the average import price for asparagus in Pakistan?
+
The average asparagus import price stood at $2,707 per tonne in 2020, increasing by 7.4% against the previous year.

Product coverage:
• FCL 367 - Asparagus

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• 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 2007–2020
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 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, 2007–2020
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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