Colombia: Asparagus Market 2025

Asparagus Market Size in Colombia

In 2022, after six years of growth, there was significant decline in the Colombian asparagus market, when its value decreased by -7.9% to $X. Over the period under review, consumption, however, recorded a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then reduced in the following year.

Asparagus Production in Colombia

In value terms, asparagus production expanded remarkably to $X in 2022 estimated in export price. Overall, production showed a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 215% against the previous year. Asparagus production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of asparagus in Colombia surged to X tons per ha, picking up by 53% on 2021. In general, the yield showed a strong increase. The pace of growth was the most pronounced in 2020 when the yield increased by 78% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, 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 2022, approx. X ha of asparagus were harvested in Colombia; which is down by -34.1% against the year before. Over the period under review, the harvested area, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 204%. As a result, the harvested area attained the peak level of X ha, and then fell markedly in the following year.

Asparagus Exports

Exports from Colombia

In 2022, shipments abroad of asparagus was finally on the rise to reach X tons after three years of decline. Overall, exports, however, showed a dramatic decline. The pace of growth was the most pronounced in 2018 when exports increased by 244% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, asparagus exports soared to $X in 2022. Over the period under review, exports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 190%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg), the UK (X kg) and Moldova (X kg) were the main destinations of asparagus exports from Colombia, with a combined 64% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for asparagus exported from Colombia were Germany ($X), the UK ($X) and Moldova ($X), with a combined 64% share of total exports.

The UK, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average asparagus export price stood at $X per ton in 2022, falling by -41.4% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asparagus export price increased by +30.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 122% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to the Netherlands ($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 Canada (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into Colombia

Asparagus imports into Colombia shrank to X tons in 2022, which is down by -13.6% on 2021 figures. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 84%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, asparagus imports shrank to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 72%. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +325.7%.

In value terms, the United States ($X) constituted the largest supplier of asparagus to Colombia.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +320.7%.

Import Prices by Country

The average asparagus import price stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price recorded a slight contraction. The pace of growth was the most pronounced in 2015 an increase of 13% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.2% per year.

Source: IndexBox Platform

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