Romania: Asparagus Market Overview 2021

Asparagus Market Size in Romania

In 2019, the Romanian asparagus market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption saw a significant expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2019 and is likely to see gradual growth in the immediate term.

Asparagus Production in Romania

In value terms, asparagus production surged to $X in 2019 estimated in export prices. Over the period under review, production posted a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

In 2019, the average yield of asparagus in Romania skyrocketed to X tonnes per ha, rising by X% on the previous year's figure. Over the period under review, the yield saw significant growth. As a result, the yield attained the peak level and is likely to continue 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 2019, the total area harvested in terms of asparagus production in Romania surged to X ha, increasing by X% against 2018. Over the period under review, the harvested area enjoyed a significant expansion. As a result, the harvested area reached the peak level and is likely to continue growth in the immediate term.

Asparagus Exports

Exports from Romania

In 2019, approx. X tonnes of asparagus were exported from Romania; increasing by X% on the previous year's figure. Over the period under review, exports recorded significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, asparagus exports soared to $X in 2019. Overall, exports saw a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

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

From 2007 to 2019, the average annual growth rate of volume to Moldova totaled +X%.

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

From 2007 to 2019, the average annual growth rate of value to Moldova amounted to +X%.

Export Prices by Country

In 2019, the average asparagus export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average 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 2019, the rate of growth in terms of prices for Moldova amounted to -X% per year.

Asparagus Imports

Imports into Romania

After three years of growth, purchases abroad of asparagus decreased by -X% to X tonnes in 2019. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2018, and then reduced markedly in the following year.

In value terms, asparagus imports declined to $X in 2019. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2018, and then dropped in the following year.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Spain (X tonnes) were the main suppliers of asparagus imports to Romania, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+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 Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports.

In 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 2019, 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, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?

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China (8.3M tonnes) constituted the country with the largest volume of asparagus consumption, accounting for 88% of total volume. It was followed by the U.S. (249K tonnes), with a 2.6% share of total consumption. The third position in this ranking was occupied by Peru (229K tonnes), with a 2.4% share.

What are the largest producers of asparagus in the world?

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China (8.3M tonnes) constituted the country with the largest volume of asparagus production, accounting for 88% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (367K tonnes), more than tenfold.

What are the leading suppliers of asparagus to Romania?

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In value terms, Germany ($457K), the Netherlands ($401K) and France ($206K) appeared to be the largest asparagus suppliers to Romania, together accounting for 64% of total imports.

What are the leading importers of asparagus from Romania?

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In value terms, Moldova ($438K) remains the key foreign market for asparagus exports from Romania.

What is the average export price for asparagus in Romania?

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In 2019, the average asparagus export price amounted to $8,739 per tonne, growing by 43% against the previous year.

What is the average import price for asparagus in Romania?

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In 2019, the average asparagus import price amounted to $4,948 per tonne, growing by 6.6% against the previous year.