Report Update Jan 1, 2025

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

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Brazil: Asparagus Market 2025

Asparagus Market Size in Brazil

In 2022, the Brazilian asparagus market increased by 3.4% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +14.7% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Asparagus Exports

Exports from Brazil

In 2022, the amount of asparagus exported from Brazil amounted to X tons, picking up by 4.7% against the previous year's figure. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 719% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, asparagus exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 703% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Panama (X kg) was the main destination for asparagus exports from Brazil, accounting for a 26% share of total exports. Moreover, asparagus exports to Panama exceeded the volume sent to the second major destination, Liberia (X kg), twofold. The third position in this ranking was taken by Marshall Islands (X kg), with an 11% share.

From 2018 to 2022, the average annual growth rate of volume to Panama was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (0.0% per year) and Marshall Islands (0.0% per year).

In value terms, Singapore ($X), Hong Kong SAR ($X) and Argentina ($X) constituted the largest markets for asparagus exported from Brazil worldwide, together comprising 38% of total exports.

Argentina, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of 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 asparagus export price stood at $X per ton in 2022, surging by 38% against the previous year. Over the period from 2018 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.7%).

Asparagus Imports

Imports into Brazil

In 2022, purchases abroad of asparagus increased by 1.3% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2018 with an increase of 24% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, asparagus imports totaled $X in 2022. Overall, imports showed a tangible increase. The pace of growth appeared the most rapid in 2016 with an increase of 38% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Peru (X tons) was the main supplier of asparagus to Brazil, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to -2.8%.

In value terms, Peru ($X) constituted the largest supplier of asparagus to Brazil.

From 2012 to 2022, the average annual growth rate of value from Peru totaled +3.8%.

Import Prices by Country

The average asparagus import price stood at $X per ton in 2022, increasing by 2.8% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asparagus import price increased by +27.9% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +6.8% per year.

Source: IndexBox Platform

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, accounting for 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?

China constituted the country with the largest volume of asparagus production, comprising approx. 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 to Brazil?

In value terms, Peru constituted the largest supplier of asparagus to Brazil.

What are the leading importers of asparagus from Brazil?

In value terms, the largest markets for asparagus exported from Brazil were Slovakia, Austria and the Netherlands, with a combined 94% share of total exports.

What is the average export price for asparagus in Brazil?

The average asparagus export price stood at $6,684 per ton in 2021, with a decrease of -10.2% against the previous year.

What is the average import price for asparagus in Brazil?

The average asparagus import price stood at $5,602 per ton in 2021, remaining constant against the previous year.

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

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024