Australia and Oceania: Asparagus Market 2025

Asparagus Market Size in Australia and Oceania

In 2022, the asparagus market in Australia and Oceania increased by 1.1% to $X, rising for the third year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Asparagus Production in Australia and Oceania

In value terms, asparagus production expanded notably to $X in 2022 estimated in export price. Overall, production, however, showed a mild contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 37%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The country with the largest volume of asparagus production was Australia (X tons), accounting for 84% of total volume. Moreover, asparagus production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tons), fivefold.

In Australia, asparagus production shrank by an average annual rate of -1.3% over the period from 2012-2022.

The average asparagus yield fell slightly to X tons per ha in 2022, approximately mirroring the year before. Overall, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the yield increased by 2.5%. Over the period under review, the asparagus yield attained the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the 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 2022, approx. X ha of asparagus were harvested in Australia and Oceania; flattening at 2021 figures. Over the period under review, the harvested area, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 6.9% against the previous year. Over the period under review, the harvested area dedicated to asparagus production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Asparagus Exports

Exports in Australia and Oceania

In 2022, overseas shipments of asparagus increased by 3.2% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 26%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, asparagus exports stood at $X in 2022. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by 11%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, resulting at X tons, which was near 97% of total exports in 2022. New Zealand (X tons) held a relatively small share of total exports.

Australia was also the fastest-growing in terms of the asparagus exports, with a CAGR of -8.4% from 2012 to 2022. New Zealand (-21.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by +8.6 percentage points.

In value terms, Australia ($X) remains the largest asparagus supplier in Australia and Oceania, comprising 98% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 1.9% share of total exports.

In Australia, asparagus exports contracted by an average annual rate of -7.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, dropping by -2.6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 35%. Over the period under review, the export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.7%).

Asparagus Imports

Imports in Australia and Oceania

In 2022, the amount of asparagus imported in Australia and Oceania contracted to X tons, with a decrease of -8.4% compared with the previous year. Overall, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 27%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, asparagus imports declined modestly to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.1% against 2017 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 60% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Australia (X tons) represented roughly 98% of total imports in 2022.

Australia was also the fastest-growing in terms of the asparagus imports, with a CAGR of -4.0% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported asparagus in Australia and Oceania.

In Australia, asparagus imports increased at an average annual rate of +2.7% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of 7% against the previous year. Overall, the import price saw strong growth. The pace of growth was the most pronounced in 2017 an increase of 45%. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +7.1% per year.

Source: IndexBox Platform

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