Asparagus market in Eastern Asia

Earlier Report Observations

From 2018 to 2020, the asparagus market in Eastern Asia grew from 7.4 million tons to 7.7 million tons, driven by the industry's strategic shift toward domestic consumption. Modern cultivation techniques, such as greenhouse facilities and yield-enhancing methods, increased production volumes, while the rapid adoption of e-commerce and new retail models expanded consumer access, particularly among younger demographics. Although abnormal temperatures in 2019 temporarily affected yields in some regions, overall output continued to rise.

Market expansion continued through 2021–2023, reaching 7.8 million tons in 2023. Policy support for organic agriculture encouraged wider adoption of sustainable practices, and growing health consciousness boosted demand for high-quality and organic asparagus. Improvements in cold-chain logistics and packaging enhanced distribution efficiency. The entry of new players like Altar Produce and DanPer introduced further competition and innovation. Despite climate-related challenges in 2023, the adoption of smart farming technologies helped mitigate impacts on production.

In 2024, the industry maintained its focus on quality enhancement and supply chain integration, with cultivation expanding into new regions such as Xinjiang. Strong demand for organic asparagus in major urban centers and the maturation of online sales platforms supported market stability. The development of processed segments, including canned and frozen asparagus, catered to evolving consumer preferences for convenience and healthy options.

Production asparagus in Eastern Asia

In kind, 2017-2020, K t

Top producers of asparagus, 2017-2020

World map of production of asparagus, 2017-2020

Eastern Asia's asparagus production has increased for the third consecutive year. In 2020, the region produced 7,672 thousand tons of asparagus, marking a modest year-on-year increase of 1.5%. Over the period from 2017 to 2020, production grew by 4.6%, with a compound annual growth rate of 1.5%.

Annual dynamics of production in Eastern Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Eastern Asia's asparagus production has increased for the second consecutive year. In 2020, the output was valued at 20,877 million US dollars, showing a significant rise of 17.1% compared to 2019. From 2017 to 2020, production increased by 18.2%, with a compound annual growth rate of 5.7%. The lowest value was recorded in 2018 at 15,993 million US dollars, which also saw the largest decline of 9.5%.

Annual dynamics of production in Eastern Asia in value, 2017-2020, M $ US

Exports asparagus from Eastern Asia

Exports in kind, t

In 2020, Eastern Asia exported 254 tons of asparagus, reflecting a significant decline of 14.9% from the previous year. Over the period from 2017 to 2020, exports increased by 7.5%, with a compound annual growth rate of 2.5%. The lowest export volume was recorded in 2018 at 194 tons, which also experienced the largest decline of 17.9%. In contrast, the highest export volume was in 2019 at 298 tons, marking the largest increase of 53.9%.

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

From 2017 to 2020, the buyer portfolio for asparagus from Eastern Asia was diverse. Malaysia accounted for 20.4% of exports in kind, Vietnam for 17.5%, and the Netherlands for 7.5%, with these three countries together contributing only 45.3% of total exports. Many other countries held smaller but notable shares.

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

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

Exports in value, K $ US

In 2020, Eastern Asia exported asparagus worth 690 thousand US dollars, down by 1.8% compared to the previous year. Between 2017 and 2020, exports increased by 21.4%, equating to an annualized growth rate of 6.7%. The lowest value was recorded in 2018 at 418 thousand US dollars, which also saw the largest decline of 26.5%. The highest value was in 2019 at 703 thousand US dollars, marking the largest increase of 68.2%.

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

From 2017 to 2020, the buyer portfolio for asparagus from Eastern Asia was broad. Vietnam and Malaysia each accounted for 15.4% of exports in value terms, while the Netherlands contributed 7.9%. Together, these three countries made up only 38.6% of total exports, with many other countries holding smaller but significant shares.

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

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

Imports asparagus to Eastern Asia

Imports in kind, t

Asparagus imports into Eastern Asia have declined for the second consecutive year. In 2020, imports stood at 11,984 tons, indicating a decrease of 7.2% from the prior year. Over the period from 2017 to 2020, imports decreased by 3.1%, with a compound annual growth rate of -1.0%. The highest import volume was recorded in 2018 at 13,685 tons, which also saw the largest increase of 10.6%.

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

From 2017 to 2020, Mexico was the largest supplier of asparagus to Eastern Asia, accounting for 57.5% of imports in kind, followed by Australia at 20.0% and Peru at 6.8%. Together, these three countries formed 84.4% of total imports.

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

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

Imports in value, K $ US

Asparagus deliveries to Eastern Asia have declined for the second consecutive year. In 2020, imports were valued at 73,965 thousand US dollars, down by 6.0% compared to 2019. Over the period from 2017 to 2020, imports decreased by 6.6%, with a compound annual growth rate of -2.2%. The highest value was recorded in 2018 at 84,607 thousand US dollars, which also experienced the largest increase of 6.9%. In 2019, the largest decline of 7.0% was observed.

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

From 2017 to 2020, Mexico was the largest supplier of asparagus to Eastern Asia in value terms, accounting for 55.0% of imports, followed by Australia at 20.4% and Peru at 8.7%. Together, these three countries formed 84.1% of total imports.

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

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