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Peru - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Asparagus Market Overview 2019

Asparagus Market Size in Peru

The revenue of the asparagus market in Peru amounted to $X in 2017, picking up by X% against the previous year. In general, asparagus consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. Peru asparagus consumption peaked in 2017, and is likely to see steady growth in the near future.

Asparagus Production in Peru

In 2017, the amount of asparagus produced in Peru amounted to X tonnes, standing approx. at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. In that year, the asparagus production reached their peak volume of X tonnes. From 2012 to 2017, growth of the asparagus production failed to regain its momentum. Asparagus output in Peru indicated a significant growth, which was largely conditioned by a perceptible growth of the harvested area and a measured expansion in yield figures.

In 2017, average asparagus yield in Peru amounted to X tonne per ha, approximately equating the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the asparagus yield reached its maximum level in 2017, and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of asparagus were harvested in Peru; remaining relatively unchanged against the previous year. In general, asparagus harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to asparagus production reached its peak figure of X ha in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Asparagus Exports

Exports from Peru

In 2017, asparagus exports from Peru amounted to X tonnes, declining by -X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the asparagus exports reached its peak figure volume of X tonnes in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, asparagus exports totaled $X in 2017. Overall, the total exports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the asparagus exports reached its maximum level of $X in 2016, and then declined slightly in the following year.

Exports by Country

Mexico (X tonnes) and Peru (X tonnes) represented the major exporters of asparagus in 2017, amounting to near X% and X% of total exports, respectively. The U.S. (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Spain (X%) and the Netherlands (X%). The following exporters - Italy (X tonnes), Thailand (X tonnes) and Greece (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Peru ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by the Netherlands, Spain, Italy, Thailand and Greece, which together accounted for a further X%.

Italy (+X% per year) experienced the highest growth rate of exports,in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the asparagus export price in Peru amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price indicated a significant increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the asparagus export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2012, when the export price increased by X% y-o-y. Over the period under review, the export prices for asparagus reached its peak figure level in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Asparagus Imports

Imports into Peru

In 2017, the amount of asparagus imported into Peru amounted to X kg, shrinking by -X% against the previous year. Overall, asparagus imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2009, when it surged by -X% year-to-year. Over the period under review, the asparagus imports attained its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, asparagus imports amounted to $X in 2017. In general, asparagus imports continue to indicate a precipitous downturn. Peru imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Imports by Country

The U.S. represented the key importer of asparagus in the world, with the volume of imports accounting for X tonnes, which was approx. X% of total imports in 2017. Germany (X tonnes) occupied the second position in the ranking, followed by Canada (X tonnes) and France (X tonnes). All these countries together held approx. X% share of total imports. The UK (X tonnes), Spain (X tonnes), the Netherlands (X tonnes), Japan (X tonnes), Switzerland (X tonnes), Belgium (X tonnes) and Italy (X tonnes) took the slight share of total imports.

The U.S. experienced a relatively flat trend pattern of asparagus imports. At the same time, Belgium (+X%), the UK (+X%), the Netherlands (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany, Canada, Switzerland and Italy experienced a relatively flat trend pattern. By contrast, Japan (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported asparagus into Peru, making up X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Canada (+X% per year).

Import Prices by Country

The asparagus import price in Peru stood at $X per tonne in 2017, falling by -X% against the previous year. In general, asparagus import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, an increase of X% year-to-year. In that year, the import prices for asparagus attained their peak level of $X per tonne. From 2013 to 2017, growth of the import prices for asparagus failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per tonne), while Italy ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 367 - Asparagus

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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