Report Update Feb 1, 2025

Australia - Preserved Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Preserved Asparagus Market 2025

Preserved Asparagus Market Size in Australia

In 2022, after four years of decline, there was significant growth in the Australian preserved asparagus market, when its value increased by 10% to $X. Over the period under review, consumption, however, recorded a abrupt descent. Preserved asparagus consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Preserved Asparagus Exports

Exports from Australia

In 2022, after two years of decline, there was significant growth in shipments abroad of preserved asparagus, when their volume increased by 1,362% to X tons. Over the period under review, exports, however, continue to indicate a noticeable contraction. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports soared to $X in 2022. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by 1,028%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons) was the main destination for preserved asparagus exports from Australia, accounting for a 95% share of total exports. Moreover, preserved asparagus exports to the Philippines exceeded the volume sent to the second major destination, Vanuatu (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (+204.0% per year) and Papua New Guinea (-39.6% per year).

In value terms, the Philippines ($X) emerged as the key foreign market for preserved asparagus exports from Australia, comprising 78% of total exports. The second position in the ranking was held by Vanuatu ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Philippines was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vanuatu (+82.9% per year) and Papua New Guinea (-35.7% per year).

Export Prices by Country

In 2022, the average preserved asparagus export price amounted to $X per ton, shrinking by -89.1% against the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 59%. As a result, the export price reached the peak level of $X per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Asparagus Imports

Imports into Australia

After four years of decline, supplies from abroad of preserved asparagus increased by 0.6% to X tons in 2022. Overall, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 19%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, preserved asparagus imports expanded sharply to $X in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons) and Peru (X tons) were the main suppliers of preserved asparagus imports to Australia.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of -8.3%).

In value terms, China ($X) constituted the largest supplier of preserved asparagus to Australia, comprising 67% of total imports. The second position in the ranking was taken by Peru ($X), with a 33% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at -2.6%.

Import Prices by Country

The average preserved asparagus import price stood at $X per ton in 2022, surging by 12% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved asparagus import price increased by +13.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Peru amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%).

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 in 2021 were China, Spain and Germany, with a combined 39% share of global consumption.

What are the largest producers of preserved asparagus in the world?

China constituted the country with the largest volume of preserved asparagus production, comprising approx. 36% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru, twofold. India ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of preserved asparagus to Australia?

In value terms, the largest preserved asparagus suppliers to Australia were China and Peru.

What are the leading importers of preserved asparagus from Australia?

In value terms, Malaysia $960) remains the key foreign market for preserved asparagus exports from Australia, comprising 86% of total exports. The second position in the ranking was occupied by Vanuatu $157), with a 14% share of total exports.

What is the average export price for preserved asparagus in Australia?

The average preserved asparagus export price stood at $8,659 per ton in 2021, rising by 59% against the previous year.

What is the average import price for preserved asparagus in Australia?

In 2021, the average preserved asparagus import price amounted to $3,001 per ton, picking up by 2.8% against the previous year.

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

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

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024