Report World - Asparagus - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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Global Asparagus Market 2022

Asparagus Market Size

The global asparagus market fell to $X in 2021, which is down by -X% against the previous year. In general, consumption, however, saw a perceptible descent. Over the period under review, the global market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Asparagus Production

In value terms, asparagus production reduced to $X in 2021 estimated in export prices. Over the period under review, production, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, global production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The country with the largest volume of asparagus production was China (X tonnes), comprising approx. X% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Peru (-X% per year) and Mexico (+X% per year).

In 2021, the global average yield of asparagus reduced slightly to X tonnes per ha, approximately equating the year before. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X% year-to-year. As a result, the yield attained the peak level of X tonnes per ha. From 2016 to 2021, the growth of the average asparagus yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global harvested area of asparagus reached X ha, approximately reflecting 2020 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to asparagus production reached the maximum at X ha in 2016; afterwards, it flattened through to 2021.

Production By Country

The country with the largest volume of asparagus production was China (X tonnes), comprising approx. X% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru (X tonnes), more than tenfold.

In China, asparagus production remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Peru (-X% per year) and Mexico (+X% per year).

Asparagus Exports

Exports

In 2021, shipments abroad of asparagus was finally on the rise to reach X tonnes after two years of decline. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, asparagus exports skyrocketed to $X in 2021. In general, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Mexico (X tonnes) represented the key exporter of asparagus, comprising X% of total exports. It was distantly followed by Peru (X tonnes), the United States (X tonnes) and Spain (X tonnes), together comprising a X% share of total exports. The Netherlands (X tonnes) and Italy (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Italy (+X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest asparagus supplying countries worldwide were Mexico ($X), Peru ($X) and the United States ($X), together accounting for X% of global exports. Spain, the Netherlands and Italy lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average asparagus export price stood at $X per tonne in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. The global export price peaked at $X per tonne in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+X%), while the other global leaders experienced more modest paces of growth.

Asparagus Imports

Imports

In 2021, the amount of asparagus imported worldwide reached X tonnes, picking up by X% compared with 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, global imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, asparagus imports totaled $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Global imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The United States prevails in asparagus imports structure, accounting for X tonnes, which was approx. X% of total imports in 2021. It was distantly followed by Canada (X tonnes) and Germany (X tonnes), together constituting an X% share of total imports. The following importers - the Netherlands (X tonnes), France (X tonnes), the UK (X tonnes), Spain (X tonnes), Switzerland (X tonnes), Japan (X tonnes) and Belgium (X tonnes) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of +X% from 2012 to 2021. At the same time, Belgium (+X%), Spain (+X%), the UK (+X%), Canada (+X%), France (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. Germany and Switzerland experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. The United States (+X p.p.) significantly strengthened its position in terms of the global imports, while Germany and Japan saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported asparagus worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with an X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average asparagus import price stood at $X per tonne in 2021, stabilizing at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared 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 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($X per tonne), while the United States ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for asparagus in the world?
+
China constituted the country with the largest volume of asparagus consumption, comprising approx. 87% of total volume. Moreover, asparagus consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. Peru ranked third in terms of total consumption with a 2.7% share.
What are the largest producers of asparagus in the world?
+
The country with the largest volume of asparagus production was China, accounting for 87% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru, more than tenfold.
What are the leading suppliers of asparagus in the world?
+
In value terms, the largest asparagus supplying countries worldwide were Mexico, Peru and the United States, with a combined 72% share of global exports. These countries were followed by Spain, the Netherlands and Italy, which together accounted for a further 17%.
What are the leading importers of asparagus in the world?
+
In value terms, the United States constitutes the largest market for imported asparagus worldwide, comprising 44% of global imports. The second position in the ranking was occupied by Germany, with an 8.9% share of global imports. It was followed by the Netherlands, with a 5.5% share.
What is the average export price for asparagus in the world?
+
In 2021, the average asparagus export price amounted to $3,450 per tonne, picking up by 7.9% against the previous year.
What is the average import price for asparagus in the world?
+
In 2021, the average asparagus import price amounted to $3,455 per tonne, approximately mirroring the previous year.

This report provides an in-depth analysis of the global asparagus market. 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 2030.


Product coverage:
• FCL 367 - Asparagus

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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