Luxembourg: Asparagus Market 2025

Asparagus Market Size in Luxembourg

After two years of growth, the Luxembourg asparagus market decreased by -16.3% to $X in 2022. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value 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, consumption increased by +39.6% against 2015 indices. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Asparagus Production in Luxembourg

In value terms, asparagus production stood at $X in 2022 estimated in export price. In general, production recorded strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 62% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of asparagus in Luxembourg rose rapidly to X tons per ha in 2022, picking up by 10% on the previous year's figure. Over the period under review, the yield, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2019 when the yield increased by 33% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 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, the harvested area of asparagus in Luxembourg stood at X ha, flattening at the previous year's figure. In general, the harvested area recorded strong growth. The pace of growth was the most pronounced in 2020 with an increase of 100% against the previous year. The asparagus harvested area peaked in 2022 and is expected to retain growth in years to come.

Asparagus Exports

Exports from Luxembourg

Asparagus exports from Luxembourg rose significantly to X tons in 2022, increasing by 8.6% against 2021. In general, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, asparagus exports stood at $X in 2022. Overall, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main destinations of asparagus exports from Luxembourg, with a combined 97% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +13.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for asparagus exported from Luxembourg were Germany ($X), Belgium ($X) and France ($X), with a combined 96% share of total exports.

France, with a CAGR of +13.6%, 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, reducing by -7.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 9.3%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Azerbaijan ($X per ton) and Belgium ($X per ton), while the average price for exports to France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+3.4%), while the prices for the other major destinations experienced a decline.

Asparagus Imports

Imports into Luxembourg

Asparagus imports into Luxembourg fell modestly to X tons in 2022, with a decrease of -3.7% compared with 2021 figures. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 20%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, asparagus imports fell notably to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

Belgium (X tons), France (X tons) and Germany (X tons) were the main suppliers of asparagus imports to Luxembourg, with a combined 70% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +17.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest asparagus suppliers to Luxembourg were Belgium ($X), France ($X) and Germany ($X), with a combined 69% share of total imports. Peru, Spain, Italy and the Netherlands lagged somewhat behind, together accounting for a further 29%.

Peru, with a CAGR of +19.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average asparagus import price stood at $X per ton in 2022, falling by -14% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 18% 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 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 Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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