Asparagus market in ASEAN

Earlier Report Observations

The ASEAN asparagus market volume fluctuated between 2018 and 2021, starting at 26 022 t in 2018 and reaching a high of 26 327 t the following year. A notable contraction to 24 708 t occurred in 2020, followed by a slight recovery to 24 827 t in 2021.

In 2022, the market expanded to 25 422 t. This growth was supported by rising health consciousness and the adoption of plant-based diets among consumers, which increased demand for fresh vegetables like asparagus. The expansion of online shopping and e-commerce platforms also improved market access and distribution channels for fresh produce. However, the market volume declined to 24 443 t in 2023, a period during which food trends continued to emphasize variety and health, and physical retail spaces saw further expansion.

Production asparagus in ASEAN

In kind, 2017-2020, t

Top producers of asparagus, 2017-2020

World map of production of asparagus, 2017-2020

ASEAN's asparagus production has declined for three consecutive years. In 2020, the region produced 25 164 tonnes of asparagus, which represents a 2.5% decrease compared to the previous year. Over the period from 2017 to 2020, production fell by 6.5%, with a compound annual growth rate of -2.2%.

Annual dynamics of production in ASEAN in kind, 2017-2020, t

Exports asparagus from ASEAN

Exports in kind, t

The market experienced significant fluctuations during this period. Export volumes reached their lowest point in 2019 at 1 204 tonnes, then climbed to their peak in 2017. In 2020, ASEAN exported 2 078 tonnes of asparagus, marking a substantial 72.6% increase from 2019. The largest decline occurred in 2019, with a drop of 44.4%.

Annual dynamics of product's exports from ASEAN in kind, 2017-2020, t

From 2017 to 2020, Asia, not elsewhere specified, accounted for 71.7% of ASEAN's total asparagus exports by volume, while the remaining exports were distributed among various smaller trading partners.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from ASEAN in kind, 2017-2020

Exports in value, K $ US

The market exhibited considerable volatility during these years. Export values hit their lowest point in 2019 at 1 385 thousand US dollars, then peaked in 2017. In 2020, ASEAN's asparagus exports reached 4 462 thousand US dollars, reflecting a sharp increase of 222.3% from 2019. The largest decline was recorded in 2019, with a decrease of 75.9%.

Annual dynamics of product's exports from ASEAN in value, 2017-2020, K $ US

From 2017 to 2020, South Korea (18.9% of exports by value), Japan (18.2%), and Asia, not elsewhere specified (13.4%) together represented 50.5% of ASEAN's total asparagus exports by value, making them the primary destinations for the region's asparagus.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from ASEAN in value, 2017-2020

Imports asparagus to ASEAN

Imports in kind, t

ASEAN's asparagus imports have declined for two consecutive years. In 2020, imports amounted to 1 622 tonnes, down by 5.5% from the previous year. Over the period from 2017 to 2020, imports decreased by 17.3%, with a compound annual growth rate of -6.1%. The highest import volume was recorded in 2018 at 2 300 tonnes. The largest decline occurred in 2019, with a drop of 25.4%, while the largest increase was in 2018, with a rise of 17.2%.

Annual dynamics of product's imports to ASEAN in kind, 2017-2020, t

The structure of ASEAN's asparagus imports by volume from 2017 to 2020 was diversified, with the United States (23.8% of imports by volume), Australia (10.5%), and Peru (3.6%) together accounting for 37.9% of total imports. No single country held a clearly dominant position in the import market.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to ASEAN in kind, 2017-2020

Imports in value, K $ US

ASEAN's asparagus imports have declined for two consecutive years. In 2020, import value stood at 9 296 thousand US dollars, representing a significant reduction of 20.7% from the previous year. Over the period from 2017 to 2020, imports decreased by 17.6%, with a compound annual growth rate of -6.3%. The highest import value was recorded in 2018 at 11 802 thousand US dollars, with the largest increase that year at 4.6%.

Annual dynamics of product's imports to ASEAN in value, 2017-2020, K $ US

From 2017 to 2020, the United States (38.9% of imports by value), Australia (15.1%), and Peru (7.4%) were the main sources for ASEAN's asparagus imports by value, together accounting for 61.4% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to ASEAN in value, 2017-2020