Asparagus market in Oceania

Earlier Report Observations

The asparagus market in Oceania showed notable fluctuations in both volume and value from 2018 through 2023. In physical terms, market size increased from 10 137 t in 2018 to 10 493 t in 2019, then declined to 9 858 t in 2020 before recovering to 10 431 t in 2021. It remained stable at 10 421 t in 2022, then contracted significantly to 7 327 t in 2023. In value terms, the market grew from $59.6 million in 2018 to a high of $74.1 million in 2022, reflecting higher unit prices during some years, before falling to $48.4 million in 2023.

Industry observations for 2024 highlight strong consumer preference for fresh asparagus driven by health consciousness and rising home cooking trends. Growth is supported by expanding organic and premium product offerings, improved cold chain infrastructure, and increased demand from food service establishments. However, the market faces challenges such as post-harvest losses of up to 30% and labor-intensive harvesting, which constrain supply. No specific major legislative changes, large facility launches, or new player entries were reported for the Oceania region during the period.

Production asparagus in Oceania

In kind, 2017-2020, t

Top producers of asparagus, 2017-2020

World map of production of asparagus, 2017-2020

In 2020, Oceania produced 9 001 tons of asparagus, marking a moderate decrease of 5.4% compared to the previous year. Over the period from 2017 to 2020, production fell by 12.4%, which translates to an annualized decline rate of 4.3%. The largest drop occurred in 2018, with a 7.5% decrease, while the smallest change was a slight increase of 0.1% in 2019.

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

In value, 2017-2020, K $ US

Following two years of decline, Oceania's asparagus production value rebounded in 2020. The output was valued at 64 460 thousand US dollars, representing a significant increase of 20.7% from the previous year. From 2017 to 2020, production value grew by 8.7%, with a compound annual growth rate of 2.8%. The lowest value was recorded in 2019 at 53 425 thousand US dollars, and the largest decline occurred in 2018 with a 6.4% drop.

Annual dynamics of production in Oceania in value, 2017-2020, K $ US

Exports asparagus from Oceania

Exports in kind, t

Oceania's asparagus export volume declined for the second consecutive year in 2020, totaling 1 891 tons, which is 39.7% lower than in 2019. Between 2017 and 2020, exports decreased by 50.4%, equating to an annualized decline rate of 20.8%. The peak export volume was in 2018 at 3 835 tons, and the largest increase during this period was a modest 0.6% also in 2018.

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

From 2017 to 2020, Japan dominated Oceania's asparagus exports in volume, accounting for 71.0% of the total, with numerous smaller partners making up the remainder.

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

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

Exports in value, K $ US

Oceania's asparagus export value declined for the second year in a row in 2020, reaching 13 545 thousand US dollars, a 23.1% decrease from the previous year. Over the 2017-2020 period, export value fell by 38.5%, with a compound annual decline rate of 14.9%. The highest value was recorded in 2018 at 22 413 thousand US dollars, and the largest increase was a 1.8% rise also in 2018.

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

Between 2017 and 2020, Japan accounted for 73.8% of Oceania's asparagus export value, with the rest distributed among a variety of smaller markets.

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

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

Imports asparagus to Oceania

Imports in kind, t

Asparagus imports to Oceania declined for the second consecutive year in 2020, with approximately 2 749 tons imported, reflecting a 33.2% decrease from 2019. From 2017 to 2020, imports decreased by 35.9%, with a compound annual decline rate of 13.8%. The highest import volume was in 2018 at 4 467 tons, and the largest increase was a 4.1% rise also in 2018.

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

During 2017-2020, Mexico was the primary source for asparagus imports to Oceania in volume, representing 79.0% of total imports, while other countries contributed smaller shares.

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

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

Imports in value, K $ US

In 2020, Oceania imported 19 676 thousand US dollars worth of asparagus, down 27.0% from 2019. Between 2017 and 2020, imports decreased by 30.1%, equating to an annualized decline rate of 11.2%. The largest increase occurred in 2019 with a 2.1% rise.

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

From 2017 to 2020, Mexico was the dominant source for asparagus imports to Oceania in value terms, accounting for 78.4% of total flows, with other countries collectively making up the remaining {rest_share}%.

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

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