Earlier Report Observations
The Australian asparagus market showed a steady expansion in volume from 8 189 t in 2018 to a peak of 9 155 t in 2022. Over the same period, the market's value increased more markedly from $48.2 million to $65.3 million, indicating a rise in average prices or a shift in the product mix toward higher-value segments.
This growth trend reversed sharply in 2023, with market volume contracting by one-third to 6 062 t and value falling to $40.5 million. The downturn aligned with a drop in domestic production to 5 296 t and reduced import volumes.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Australia
- 5.1.1. Annual dynamics of production in Australia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Australia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Australia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production asparagus in Australia
In kind, 2018-2021, t
Between 2018 and 2021, Australia ranked as the 18th largest producer of asparagus globally.
Top producers of asparagus, 2018-2021
World map of production of asparagus, 2018-2021
Asparagus production in Australia fell for the third year in a row. In 2021, the country produced 6 857 tonnes, marking a moderate decline of 6.6% from 2020. Over the 2018-2021 period, production dropped by 9.9%, which translates to an annualized decrease of 3.4%.
Annual dynamics of production in Australia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.7%) | (1.8%) | (6.6%) | (3.4%) |
In value, 2018-2021, K $ US
In 2021, the value of asparagus output in Australia was 43 427 thousand US dollars, reflecting a solid decrease of 17.8% compared to 2020. From 2018 to 2021, production value fell by 2.6%, averaging an annualized decline of 0.9%. The lowest value was recorded in 2019 at 42 089 thousand US dollars, while the peak occurred in 2020 at 52 801 thousand US dollars. The largest increase was seen in 2020, with a jump of 25.5%.
Annual dynamics of production in Australia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.6%) | 25.5% | (17.8%) | (0.9%) |
Exports asparagus from Australia
Exports in kind, t
Asparagus exports from Australia declined for the third consecutive year. In 2021, the country exported 1 186 tonnes, which is 36.8% lower than the previous year. Over the 2018-2021 period, exports decreased by 68.4%, with a compound annual growth rate (CAGR) of -31.9%.
Annual dynamics of product's exports from Australia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (17.1%) | (39.8%) | (36.8%) | (31.9%) |
From 2018 to 2021, Japan, Singapore, and South Korea were the main markets for Australia's asparagus exports in volume terms. Japan accounted for 67.2% of exports, Singapore for 8.9%, and South Korea for 6.9%. Together, these three countries made up 83.1% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Australia in kind, 2018-2021
Exports in value, K $ US
Asparagus exports from Australia fell for the third year in a row. In 2021, exports were valued at 7 512 thousand US dollars, down 44.3% from the previous year. Between 2018 and 2021, export value decreased by 65.9%, equating to an annualized decline of 30.1%.
Annual dynamics of product's exports from Australia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.4%) | (23.1%) | (44.3%) | (30.1%) |
During 2018-2021, Japan was the primary buyer of Australian asparagus in value terms, accounting for 70.7% of total exports. The remaining share was distributed among a diverse group of other countries.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Australia in value, 2018-2021
Imports asparagus to Australia
Imports in kind, t
After a two-year decline, Australia's asparagus import volume rose in 2021. Imports reached 3 055 tonnes, up 13.7% from the previous year. Over the 2018-2021 period, imports decreased by 29.6%, with a CAGR of -11.0%. The lowest volume was recorded in 2020 at 2 687 tonnes, and the largest decline occurred that same year, with a drop of 33.3%.
Annual dynamics of product's imports to Australia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.1%) | (33.3%) | 13.7% | (11.0%) |
From 2018 to 2021, Mexico remained the leading source for asparagus imports into Australia in volume terms, holding an 85.5% share of total flows. The rest of the imports were spread across various other countries.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Australia in kind, 2018-2021
Imports in value, K $ US
In 2021, Australia's asparagus imports totaled 19 697 thousand US dollars, showing a slight year-on-year increase of 2.8%. Between 2018 and 2021, import value fell by 23.3%, averaging an annualized decline of 8.4%. The minimum value was recorded in 2020 at 19 160 thousand US dollars, while the maximum was in 2019 at 26 273 thousand US dollars. The largest decline occurred in 2020, with a decrease of 27.1%.
Annual dynamics of product's imports to Australia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.4% | (27.1%) | 2.8% | (8.4%) |
Throughout 2018-2021, Mexico clearly dominated Australia's asparagus imports in value terms, accounting for 85.2% of total flows. Other countries each held much smaller shares.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Australia in value, 2018-2021
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