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World - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

World - Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Sep 24, 2015

Asparagus Market - Peru and Mexico Top the List of Global Asparagus Suppliers

Asparagus, a flowering perennial native to Europe, Northern Africa, and Western Asia, is a member of the lily family, which also includes onions, leeks, and garlic. Like many leafy greens, asparagus contains vitamin K, which aids in blood clotting and bone health. Just four spears contain X% of the days' norm of vitamin K. In addition, asparagus spears are rich in vitamin E, folate, vitamin C and a little bit of tryptophan.

Being a time-intensive vegetable to harvest, countries with low labor costs have a competitive edge over higher labor waged asparagus producing countries. China, in particular, fits this former model, a country with an abundance of cheap labor, and thus has cornered the market on inexpensive asparagus. Chinese asparagus is mainly cultivated in two regions divided by the Yangtze River.

While China leads the way in global asparagus production, it is primarily consumed domestically, meaning that they lag behind in exporting the product. It is, in fact, Peru that tops the list of the world's asparagus exporters.

In Peru, the asparagus industry is relatively new. Despite high levels of production, asparagus is not historically a Peruvian food, nor has it fully entered the country's gastronomy yet. According to the UN's Food and Agriculture Organization, the asparagus industry there was started by a single family in the X in the Virú Valley of coastal Peru.

Even though asparagus plantations can currently be found in many regions of Peru, production is concentrated in Ica and La Libertad, where approximately X percent of Peruvian asparagus is cultivated. Thanks to Peru's coastal climate, devoid of dramatic temperature variations, asparagus can be grown all year round, unlike the majority of other worldwide producers that harvest asparagus predominantly in springtime.

The secret of the continuous Peruvian asparagus crops lies in the dearth of rain there, which allows farmers to be in complete control of their irrigation systems. For example, they practice inducing drought stress to the plants, fooling them into going dormant for a required stretch of time. This trick allows farmers to set up different fields that can be harvested at different times.

This combination of temperature and dry climate is unique, and though some people advocate seasonal asparagus consumption, recent consumer behavior seems to indicate that customers expect to find the product available on the store shelf regardless of the time of year. This new reality combined with retail marketing tendencies will continue to favor year-round offerings.

From 2007 to 2014, exports accounted for only X% of global asparagus output. Due to low trade intensity, imports and exports should not be regarded as strong factors influencing global asparagus market dynamics in the medium term.

In 2014, Peru and Mexico were the main global suppliers of asparagus with a combined share of X% of global exports. However, the fastest growing suppliers from 2007 to 2014 were Italy (+X% per year) and Mexico (+X% per year). Despite being the largest global producers of asparagus, China and Germany did not export much of their production, meaning that it was domestically consumed. Mexico significantly strengthened its position in the global import structure, from X% in 2007 to X% in 2014.

In 2014, the U.S. (X%), Germany (X%) and Canada (X%) were the leading destinations of asparagus imports, together making up X% in physical terms. The share of the U.S. increased significantly (+X percentage points), while the share of France illustrated negative dynamics (-X percentage points). The shares of the other countries remained relatively stable throughout the analyzed period.

Peru dominated in global asparagus trade and took the second spot in production. In 2014, Peru exported X% of its total asparagus output. Of this amount, X% was supplied to the United States, where Peru's asparagus held a X% share of total U.S. consumption.

Do you want to know more about the global asparagus market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • asparagus market share
  • asparagus prices
  • asparagus industry
  • asparagus sales
  • asparagus market forecast
  • asparagus price forecast
  • key asparagus producers

Source: IndexBox Market Intelligence Platform

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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Harvested Area, By Country, 2012-2024
    7. Yield, By Country, 2012-2024
    8. Imports, In Physical Terms, By Country, 2012–2024
    9. Imports, In Value Terms, By Country, 2012–2024
    10. Import Prices, By Country Of Destination, 2012–2024
    11. Exports, In Physical Terms, By Country, 2012–2024
    12. Exports, In Value Terms, By Country, 2012–2024
    13. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2024
    19. Production, In Value Terms, 2012–2024
    20. Area Harvested, 2012–2024
    21. Yield, 2012–2024
    22. Production, By Country, 2024
    23. Production, In Physical Terms, By Country, 2012–2024
    24. Harvested Area, By Country, 2024
    25. Harvested Area, By Country, 2012-2024
    26. Yield, By Country, 2012-2024
    27. Imports, In Physical Terms, 2012–2024
    28. Imports, In Value Terms, 2012–2024
    29. Imports, In Physical Terms, By Country, 2024
    30. Imports, In Physical Terms, By Country, 2012–2024
    31. Imports, In Value Terms, By Country, 2012–2024
    32. Import Prices, By Country, 2012–2024
    33. Exports, In Physical Terms, 2012–2024
    34. Exports, In Value Terms, 2012–2024
    35. Exports, In Physical Terms, By Country, 2024
    36. Exports, In Physical Terms, By Country, 2012–2024
    37. Exports, In Value Terms, By Country, 2012–2024
    38. Export Prices, 2012–2024

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