France: Asparagus Market 2024

Asparagus Market Size in France

The French asparagus market dropped to $X in 2022, shrinking by -7.6% against the previous year. Overall, consumption saw a slight curtailment. Asparagus consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Asparagus Production in France

In value terms, asparagus production fell modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 21% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of asparagus in France was estimated at X tons per ha in 2022, growing by 3.7% compared with 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 16% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the average asparagus yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of asparagus in France reduced to X ha, waning by -13.6% on the previous year. The harvested area increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, the harvested area reached the peak level of X ha, and then dropped in the following year.

Asparagus Exports

Exports from France

In 2022, exports of asparagus from France declined markedly to X tons, falling by -18.2% on 2021. Over the period under review, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +1.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 36%. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced notably in the following year.

In value terms, asparagus exports shrank notably to $X in 2022. Overall, total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.2% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Switzerland (X tons) was the main destination for asparagus exports from France, accounting for a 70% share of total exports. Moreover, asparagus exports to Switzerland exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The third position in this ranking was held by Luxembourg (X tons), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland amounted to +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.2% per year) and Luxembourg (+15.0% per year).

In value terms, Switzerland ($X) remains the key foreign market for asparagus exports from France, comprising 74% of total exports. The second position in the ranking was held by Italy ($X), with a 6.6% share of total exports. It was followed by Luxembourg, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland stood at +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+6.5% per year) and Luxembourg (+8.7% per year).

Export Prices by Country

The average asparagus export price stood at $X per ton in 2022, waning by -5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2021 when the average export price increased by 32%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Belgium (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into France

In 2022, approx. X tons of asparagus were imported into France; dropping by -23.8% against 2021 figures. Over the period under review, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2019 when imports increased by 39% against the previous year. Imports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, asparagus imports declined remarkably to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of $X, and then dropped sharply in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest asparagus supplier to France, with a 77% share of total imports. Moreover, asparagus imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.8% per year) and the Netherlands (-3.5% per year).

In value terms, Spain ($X) constituted the largest supplier of asparagus to France, comprising 79% of total imports. The second position in the ranking was taken by Peru ($X), with an 8% share of total imports. It was followed by Germany, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-8.1% per year) and Germany (-2.5% per year).

Import Prices by Country

The average asparagus import price stood at $X per ton in 2022, shrinking by -3.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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