Pakistan: Asparagus Market 2025

Asparagus Market Size in Pakistan

The Pakistani asparagus market shrank to $X in 2022, which is down by -6.5% against the previous year. Over the period under review, consumption, however, enjoyed a resilient expansion. Asparagus consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Asparagus Production in Pakistan

In value terms, asparagus production skyrocketed to $X in 2022 estimated in export price. In general, production saw significant growth. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of asparagus in Pakistan was estimated at less than X kg per ha in 2022, leveling off at the previous year's figure. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of asparagus production in Pakistan was estimated at less than X ha, approximately mirroring 2021. Overall, the harvested area saw a relatively flat trend pattern.

Asparagus Exports

Exports from Pakistan

In 2022, the amount of asparagus exported from Pakistan skyrocketed to X tons, rising by 195% against the previous year's figure. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 775% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, asparagus exports surged to $X in 2022. In general, exports showed a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 1,229% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X tons) was the main destination for asparagus exports from Pakistan, with a 81% share of total exports. Moreover, asparagus exports to South Africa exceeded the volume sent to the second major destination, Kuwait (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume to South Africa stood at +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+41.2% per year) and Bahrain (+39.7% per year).

In value terms, the largest markets for asparagus exported from Pakistan were Bahrain ($X), South Africa ($X) and Kuwait ($X), together comprising 99% of total exports.

Bahrain, with a CAGR of +50.2%, 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

In 2022, the average asparagus export price amounted to $X per ton, with a decrease of -16.4% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 230%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to South Africa ($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 Bahrain (+7.5%), while the prices for the other major destinations experienced a decline.

Asparagus Imports

Imports into Pakistan

Asparagus imports into Pakistan fell remarkably to X tons in 2022, reducing by -18.3% against 2021. Over the period under review, imports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2018 with an increase of 99%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, asparagus imports dropped notably to $X in 2022. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 173% against the previous year. Imports peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main asparagus supplier to Pakistan, accounting for a 90% share of total imports. Moreover, asparagus imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Thailand (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +12.3%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of asparagus to Pakistan, comprising 98% of total imports. The second position in the ranking was taken by Thailand ($X), with a 2.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +26.2%.

Import Prices by Country

The average asparagus import price stood at $X per ton in 2022, reducing by -8.3% against the previous year. In general, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 200% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank 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 the United Arab Emirates ($X per ton), while the price for Thailand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.4%).

Source: IndexBox Platform

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