Market research

Asparagus market in Central America

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Central America" region includes following countries:

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Earlier Report Observations

The fresh asparagus market volume in Central America experienced considerable volatility from 2018 to 2021, falling from 186.4 thousand tons to 163.8 thousand tons in 2019, surging to 231.6 thousand tons in 2020, and then contracting sharply to 127.2 thousand tons in 2021.

A strong recovery followed in 2022, with the market volume expanding by 64% to reach 208.6 thousand tons. This growth was driven by a rise in domestic production to 358.0 thousand tons and coincided with robust global demand, particularly from the United States as the world's largest importer, while Mexico solidified its position as the top exporter using advanced agricultural technologies. The market continued to grow in 2023, reaching 224.6 thousand tons, as exports declined due to international supply shortages caused by widespread droughts and atypical temperatures, which redirected more asparagus to domestic consumption.

In 2024, adverse climatic factors including droughts continued to affect global asparagus availability and elevate international prices. Consumer preference for healthy, fresh products underpinned demand, with Mexico maintaining its strong export position aided by logistical efficiency and geographic proximity to the U.S. market.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Central America
  1. 5.1.1. Annual dynamics of production in Central America in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production asparagus in Central America

In kind, 2017-2020, K t

Top producers of asparagus, 2017-2020

Source: SHEV.io

World map of production of asparagus, 2017-2020

Source: SHEV.io

In 2020, Central America produced 300.7 K t of asparagus, marking a solid 10.4% increase from the previous year. Over the 2017-2020 period, production grew by 22.3%, with a compound annual growth rate (CAGR) of 6.9%. The largest decline occurred in 2019, at 2.0%, while the biggest increase was recorded in 2018, at 13.0%.

Annual dynamics of production in Central America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.0%	(2.0%)	10.4%	6.9%

Source: SHEV.io

Exports asparagus from Central America

Exports in kind, K t

Central America exported 69.3 K t of asparagus in 2020, representing a 36.6% reduction from the previous year. From 2017 to 2020, exports decreased by 26.6%, with a CAGR of -9.8%. The highest export volume was in 2019, at 109.3 K t, which also saw the largest increase of 19.1%.

Annual dynamics of product's exports from Central America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.8%)	19.1%	(36.6%)	(9.8%)

Source: SHEV.io

From 2017 to 2020, the United States dominated the partner structure of asparagus exports in kind, consistently accounting for 99.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

In 2020, Central America exported 386.7 M $ US worth of asparagus, a 14.0% decrease compared to 2019. Over the 2017-2020 period, exports fell by 15%, with a CAGR of -5.3%. The largest increase was recorded in 2019, at 14.2%.

Annual dynamics of product's exports from Central America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.5%)	14.2%	(14.0%)	(5.3%)

Source: SHEV.io

During 2017-2020, the United States was the primary destination for asparagus exports in value terms from Central America, accounting for 99.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports asparagus to Central America

Imports in kind, K t

The market showed an unstable trend over the observed period. The highest import volume was in 2017, while the lowest was in 2020, with a peak-to-trough ratio of 3.1 times. In 2020, Central America imported 0.3 K t of asparagus, a sharp decrease of 66.8% from the previous year. The largest increase occurred in 2019, at 117.2%.

Annual dynamics of product's imports to Central America in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(55.6%)	117.2%	(66.8%)	(31.6%)

Source: SHEV.io

From 2017 to 2020, Peru held the dominant position in asparagus imports in kind, accounting for 88.1% of total flows, with the remainder distributed among various smaller destinations.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

The market exhibited volatility during the observed period. Imports peaked in 2017 and fell to their lowest point in 2020, a variation of 3.2 times. In 2020, Central America imported asparagus worth 0.3 M $ US, a 66.5% year-on-year decrease. The largest increase was recorded in 2019, at 132.4%.

Annual dynamics of product's imports to Central America in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(59.5%)	132.4%	(66.5%)	(31.9%)

Source: SHEV.io

Throughout 2017-2020, Peru dominated the country structure of asparagus imports in value terms, accounting for 87.9% of total flows, while other destinations were relatively minor.

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

Source: SHEV.io

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

Source: SHEV.io