Report Mexico - Asparagus - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

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

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Mexico: Asparagus Market 2025

Asparagus Market Size in Mexico

The Mexican asparagus market skyrocketed to $X in 2022, picking up by 43% against the previous year. Over the period under review, consumption recorded significant growth. Asparagus consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Asparagus Production in Mexico

In value terms, asparagus production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, posted a significant increase. The growth pace was the most rapid in 2016 when the production volume increased by 87%. Asparagus production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of asparagus in Mexico declined to X tons per ha in 2022, remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 17%. Over the period under review, the average asparagus yield reached the peak level at X tons per ha in 2021, and then fell slightly in the following year. 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 Mexico; reducing by -4.2% on 2021 figures. Overall, the total harvested area indicated a resilient expansion from 2012 to 2022: its figure increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asparagus harvested area increased by +105.8% against 2012 indices. The most prominent rate of growth was recorded in 2018 when the harvested area increased by 18% against the previous year. Over the period under review, the harvested area dedicated to asparagus production attained the peak figure at X ha in 2021, and then fell in the following year.

Asparagus Exports

Exports from Mexico

After three years of growth, overseas shipments of asparagus decreased by -26.1% to X tons in 2022. In general, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. As a result, the exports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, asparagus exports fell remarkably to $X in 2022. Overall, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.4% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of 36%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for asparagus exports from Mexico, accounting for a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +4.4%.

In value terms, the United States ($X) also remains the key foreign market for asparagus exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +6.7%.

Export Prices by Country

The average asparagus export price stood at $X per ton in 2022, rising by 4.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 71%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 +2.1% per year.

Asparagus Imports

Imports into Mexico

After two years of decline, overseas purchases of asparagus decreased by -50% to X tons in 2022. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 24% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, asparagus imports dropped markedly to $X in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 34%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) was the main supplier of asparagus to Mexico, with a 97% share of total imports. It was followed by the United States (X tons), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru totaled -15.6%.

In value terms, Peru ($X) constituted the largest supplier of asparagus to Mexico, comprising 96% of total imports. The second position in the ranking was held by the United States ($X), with a 3.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru stood at -15.9%.

Import Prices by Country

In 2022, the average asparagus import price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 7.8%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Peru stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-0.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of asparagus consumption was China, 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.
China remains the largest asparagus producing country worldwide, accounting for 87% of total volume. Moreover, asparagus production in China exceeded the figures recorded by the second-largest producer, Peru, more than tenfold.
In value terms, Peru constituted the largest supplier of asparagus to Mexico, comprising 94% of total imports. The second position in the ranking was occupied by the United States, with a 5.2% share of total imports.
In value terms, the United States remains the key foreign market for asparagus exports from Mexico, comprising 70% of total exports. The second position in the ranking was occupied by Canada, with an 11% share of total exports. It was followed by Japan, with a 7.5% share.
The average asparagus export price stood at $2,450 per ton in 2021, remaining stable against the previous year.
The average asparagus import price stood at $3,676 per ton in 2021, approximately reflecting the previous year.

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

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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