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

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Asparagus Market Size in Romania

In 2020, the Romanian asparagus market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. In general, consumption, however, enjoyed significant growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2019, and then dropped sharply in the following year.

Asparagus Exports

Exports from Romania

In 2020, shipments abroad of asparagus increased by X% to X tonnes, rising for the second consecutive year after five years of decline. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, asparagus exports surged to $X in 2020. In general, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Moldova (X tonnes) was the main destination for asparagus exports from Romania, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Moldova amounted to +X%.

In value terms, Moldova ($X) also remains the key foreign market for asparagus exports from Romania.

From 2007 to 2020, the average annual rate of growth in terms of value to Moldova totaled +X%.

Export Prices by Country

In 2020, the average asparagus export price amounted to $X per tonne, almost unchanged from the previous year. Over the period under review, the export price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Moldova.

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

Asparagus Imports

Imports into Romania

In 2020, the amount of asparagus imported into Romania expanded significantly to X tonnes, with an increase of X% on the previous year. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, asparagus imports rose slightly to $X in 2020. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tonnes), Italy (X tonnes) and the Netherlands (X tonnes) were the main suppliers of asparagus imports to Romania, with a combined X% share of total imports. Spain, France, Belgium and Hungary lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest asparagus suppliers to Romania were the Netherlands ($X), Germany ($X) and Spain ($X), together comprising X% of total imports. France, Italy, Belgium and Hungary lagged somewhat behind, together accounting for a further X terms of the main suppliers, France (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average asparagus import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, asparagus import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

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. Peru (246K tonnes) ranked third in terms of total consumption with a 2.5% share.
What are the largest producers of asparagus in the world?
+
China (8.5M tonnes) remains the largest asparagus producing country worldwide, comprising approx. 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 Romania?
+
In value terms, the Netherlands ($454K), Germany ($371K) and Spain ($244K) constituted the largest asparagus suppliers to Romania, with a combined 63% share of total imports. These countries were followed by France, Italy, Belgium and Hungary, which together accounted for a further 35%.
What are the leading importers of asparagus from Romania?
+
In value terms, Moldova ($22K) remains the key foreign market for asparagus exports from Romania.
What is the average export price for asparagus in Romania?
+
The average asparagus export price stood at $6,443 per tonne in 2020, stabilizing at the previous year.
What is the average import price for asparagus in Romania?
+
The average asparagus import price stood at $4,419 per tonne in 2020, reducing by -10.7% against the previous year.

Product coverage:
• FCL 367 - Asparagus

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

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