Latest Report Update: May 15, 2021

U.S. - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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U.S.: Preserved Asparagus Market Overview 2021

Preserved Asparagus Market Size in the U.S.

The U.S. preserved asparagus market reduced to $X in 2020, waning by -X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Preserved Asparagus Production in the U.S.

In value terms, preserved asparagus production reduced dramatically to $X in 2020. In general, production faced a abrupt descent. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. Preserved asparagus production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Preserved Asparagus Exports

Exports from the U.S.

In 2020, shipments abroad of preserved asparagus increased by X% to X tonnes for the first time since 2015, thus ending a four-year declining trend. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2016 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, preserved asparagus exports soared to $X in 2020. Over the period under review, exports, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2016 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Japan (X tonnes), Costa Rica (X tonnes) and Iceland (X tonnes) were the main destinations of preserved asparagus exports from the U.S., with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Japan, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Costa Rica ($X) and Guatemala ($X) were the largest markets for preserved asparagus exported from the U.S. worldwide, with a combined X% share of total exports.

Japan recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved asparagus export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Guatemala ($X per tonne), while the average price for exports to Belgium ($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 Guatemala, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Asparagus Imports

Imports into the U.S.

In 2020, supplies from abroad of preserved asparagus increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, preserved asparagus imports soared to $X in 2020. Overall, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Peru (X tonnes) was the main supplier of preserved asparagus to the U.S., accounting for a X% share of total imports. It was followed by China (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Peru totaled -X%.

In value terms, Peru ($X) constituted the largest supplier of preserved asparagus to the U.S., comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Peru totaled -X%.

Import Prices by Country

The average preserved asparagus import price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per tonne), while the price for China amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru.

Source: IndexBox AI 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 (42K tonnes), China (30K tonnes) and Germany (18K tonnes), together comprising 41% of global consumption. India, the U.S., France, Brazil, Denmark, Russia, Indonesia, Japan and Bangladesh lagged somewhat behind, together comprising a further 24%.
What are the largest producers of preserved asparagus in the world?
+
The country with the largest volume of preserved asparagus production was China (79K tonnes), comprising approx. 37% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (30K tonnes), threefold. The third position in this ranking was occupied by India (11K tonnes), with a 4.9% share.
What are the leading suppliers of preserved asparagus to the U.S.?
+
In value terms, Peru ($22M) constituted the largest supplier of preserved asparagus to the U.S., comprising 98% of total imports. The second position in the ranking was occupied by China ($276K), with a 1.2% share of total imports.
What are the leading importers of preserved asparagus from the U.S.?
+
In value terms, Japan ($286K), Costa Rica ($195K) and Guatemala ($36K) were the largest markets for preserved asparagus exported from the U.S. worldwide, together accounting for 82% of total exports.
What is the average export price for preserved asparagus in the U.S.?
+
In 2020, the average preserved asparagus export price amounted to $2,971 per tonne, waning by -15.7% against the previous year.
What is the average import price for preserved asparagus in the U.S.?
+
In 2020, the average preserved asparagus import price amounted to $2,763 per tonne, with a decrease of -2.5% 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 the U.S.. 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:
• USA

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