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

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Asparagus Market Size in South Africa

The South African asparagus market surged to $X in 2020, increasing by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Asparagus Production in South Africa

In value terms, asparagus production reduced to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt descent. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

The average yield of asparagus in South Africa totaled X kg per ha in 2020, therefore, remained relatively stable against 2019 figures. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the asparagus harvested area in South Africa amounted to X ha, approximately equating 2019. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Asparagus Exports

Exports from South Africa

In 2020, overseas shipments of asparagus decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, asparagus exports declined notably to $X in 2020. In general, exports showed a noticeable descent. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2011 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Mozambique (X tonnes), Botswana (X tonnes) and Namibia (X tonnes) were the main destinations of asparagus exports from South Africa, together accounting for X% of total exports. These countries were followed by Swaziland, the United Arab Emirates, Lesotho and Spain, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates, while exports for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Namibia ($X) and Botswana ($X) were the largest markets for asparagus exported from South Africa worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Mozambique saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Botswana, while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into South Africa

Asparagus imports into South Africa surged to X tonnes in 2020, growing by X% compared with 2019. Overall, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, asparagus imports dropped remarkably to $X in 2020. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Nigeria (X tonnes) constituted the largest asparagus supplier to South Africa, with a X% share of total imports. Moreover, asparagus imports from Nigeria exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), more than tenfold. The third position in this ranking was occupied by Ethiopia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Nigeria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Ethiopia (+X% per year).

In value terms, the largest asparagus suppliers to South Africa were Nigeria ($X), the U.S. ($X) and Ethiopia ($X), together accounting for X% of total imports.

Ethiopia (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, falling by -X% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 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 U.S. ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ethiopia, 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), accounting for 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?
+
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 South Africa?
+
In value terms, Nigeria ($204K), the U.S. ($159K) and Ethiopia ($31K) were the largest asparagus suppliers to South Africa, together comprising 86% of total imports.
What are the leading importers of asparagus from South Africa?
+
In value terms, Mozambique ($45K), Namibia ($41K) and Botswana ($38K) appeared to be the largest markets for asparagus exported from South Africa worldwide, with a combined 70% share of total exports.
What is the average export price for asparagus in South Africa?
+
In 2020, the average asparagus export price amounted to $2,637 per tonne, surging by 17% against the previous year.
What is the average import price for asparagus in South Africa?
+
In 2020, the average asparagus import price amounted to $498 per tonne, with a decrease of -89.9% against the previous year.

Product coverage:
• FCL 367 - Asparagus

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

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