Germany: Asparagus Market 2024

Asparagus Market Size in Germany

After two years of growth, the German asparagus market decreased by -3.3% to $X in 2022. The market value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the peak level at $X in 2021, and then reduced in the following year.

Asparagus Production in Germany

In value terms, asparagus production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 22% against the previous year. Asparagus production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of asparagus in Germany shrank modestly to X tons per ha, remaining relatively unchanged against 2021. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by 8% against the previous year. The asparagus yield peaked at X tons per ha in 2018; however, from 2019 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.

The asparagus harvested area in Germany stood at X ha in 2022, therefore, remained relatively stable against the previous year's figure. The harvested area increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2016 when the harvested area increased by 8.2% against the previous year. Over the period under review, the harvested area dedicated to asparagus production reached the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Asparagus Exports

Exports from Germany

In 2022, approx. X tons of asparagus were exported from Germany; which is down by -41.7% compared with the previous year's figure. Over the period under review, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, asparagus exports shrank rapidly to $X in 2022. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Switzerland (X tons) was the main destination for asparagus exports from Germany, accounting for a 31% share of total exports. Moreover, asparagus exports to Switzerland exceeded the volume sent to the second major destination, Austria (X tons), twofold. The third position in this ranking was taken by Sweden (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland totaled -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-1.9% per year) and Sweden (+10.0% per year).

In value terms, Switzerland ($X) remains the key foreign market for asparagus exports from Germany, comprising 49% of total exports. The second position in the ranking was taken by Austria ($X), with a 14% share of total exports. It was followed by Sweden, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value to Switzerland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-1.1% per year) and Sweden (+5.3% per year).

Export Prices by Country

The average asparagus export price stood at $X per ton in 2022, with a decrease of -10.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2013 an increase of 21% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then declined 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 Switzerland ($X per ton), while the average price for exports to France ($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 Italy (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Asparagus Imports

Imports into Germany

In 2022, approx. X tons of asparagus were imported into Germany; waning by -29.1% against 2021 figures. Over the period under review, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, asparagus imports declined dramatically to $X in 2022. In general, imports showed a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

Spain (X tons), Greece (X tons) and Italy (X tons) were the main suppliers of asparagus imports to Germany, together comprising 71% of total imports. Peru, Mexico, the Netherlands, Hungary and Poland lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +22.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest asparagus suppliers to Germany were Spain ($X), Greece ($X) and Peru ($X), together accounting for 69% of total imports. Italy, Mexico, the Netherlands, Hungary and Poland lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Mexico, with a CAGR of +23.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average asparagus import price amounted to $X per ton, falling by -16.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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