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Thailand - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
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Thailand: Preserved Asparagus Market Overview 2021

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Preserved Asparagus Market Size in Thailand

The Thai preserved asparagus market fell markedly to $X in 2020, reducing by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2019, and then reduced notably in the following year.

Preserved Asparagus Production in Thailand

In value terms, preserved asparagus production reduced rapidly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated temperate growth from 2007 to 2020: its value 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. The growth pace was the most rapid in 2016 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2019, and then contracted markedly in the following year.

Preserved Asparagus Exports

Exports from Thailand

In 2020, approx. X tonnes of preserved asparagus were exported from Thailand; rising by X% compared with 2019. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports soared to $X in 2020. In general, exports saw strong growth. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Australia (X tonnes) was the main destination for preserved asparagus exports from Thailand, accounting for a X% share of total exports. Moreover, preserved asparagus exports to Australia exceeded the volume sent to the second major destination, the U.S. (X tonnes), eightfold.

From 2007 to 2020, the average annual growth rate of volume to Australia totaled +X%.

In value terms, the largest markets for preserved asparagus exported from Thailand were the U.S. ($X) and Australia ($X recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average preserved asparagus export price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the export price recorded a strong expansion. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Australia amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Preserved Asparagus Imports

Imports into Thailand

In 2020, overseas purchases of preserved asparagus increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. In general, imports, however, saw a noticeable contraction. Imports peaked at X tonnes in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, preserved asparagus imports soared to $X in 2020. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) was the main preserved asparagus supplier to Thailand, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China amounted to -X%.

In value terms, China ($X) constituted the largest supplier of preserved asparagus to Thailand.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at -X%.

Import Prices by Country

The average preserved asparagus import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in the world?
+
The countries with the highest volumes of preserved asparagus consumption in 2020 were Spain (38K tonnes), China (28K tonnes) and Germany (18K tonnes), together accounting for 39% of global consumption. France, India, the U.S., Japan, Brazil, Denmark, Russia, Indonesia and Bangladesh lagged somewhat behind, together accounting for a further 27%.
What are the largest producers of preserved asparagus in the world?
+
The country with the largest volume of preserved asparagus production was China (78K tonnes), comprising approx. 36% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (36K tonnes), twofold. India (11K tonnes) ranked third in terms of total production with a 4.9% share.
What are the leading suppliers of preserved asparagus to Thailand?
+
In value terms, China ($205K) constituted the largest supplier of preserved asparagus to Thailand.
What are the leading importers of preserved asparagus from Thailand?
+
In value terms, the U.S. ($111K) and Australia ($84K) appeared to be the largest markets for preserved asparagus exported from Thailand worldwide.
What is the average export price for preserved asparagus in Thailand?
+
In 2020, the average preserved asparagus export price amounted to $3,906 per tonne, surging by 15% against the previous year.
What is the average import price for preserved asparagus in Thailand?
+
The average preserved asparagus import price stood at $1,304 per tonne in 2020, shrinking by -34.5% against the previous year.

Product coverage:
• Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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