Earlier Report Observations
The Philippine market for fresh or chilled asparagus contracted steadily over the five-year period from 2018 to 2022. Market volume fell from 1 649 tons in 2018 to 610 tons in 2022, representing a cumulative decline of more than 60%.
A reversal occurred in 2023, with the market expanding by 2.6% to 626 tons. This recovery coincided with the expansion of food businesses through physical retail spaces and pop-up markets, which enhanced direct market access for fresh produce. Furthermore, consumer demand for variety and innovation encouraged the introduction of new asparagus-based products and culinary applications.
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, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. 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 the Philippines
- 5.1.1. Annual dynamics of production in the Philippines in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in the Philippines 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 the Philippines
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to the Philippines in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to the Philippines by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to the Philippines in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to the Philippines by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to the Philippines, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to the Philippines by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from the Philippines in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from the Philippines by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from the Philippines in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from the Philippines by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from the Philippines, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from the Philippines by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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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 the Philippines
In kind, 2017-2020, t
From 2017 to 2020, the Philippines ranked as the 28th largest asparagus producer globally.
Top producers of asparagus, 2017-2020
World map of production of asparagus, 2017-2020
Asparagus production in the Philippines declined for the third year in a row. In 2020, the country produced 1 056 tonnes, marking a 20.5% decrease from the previous year. Over the 2017-2020 period, production fell by 44.5%, with a compound annual growth rate of -17.8%.
Annual dynamics of production in the Philippines in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.4%) | (19.4%) | (20.5%) | (17.8%) |
Exports asparagus from the Philippines
Market analysis shows that the Philippines did not export any asparagus between 2017 and 2020.
Imports asparagus to the Philippines
Imports in kind, kg
The market showed significant fluctuations during this period. Imports hit their lowest point in 2019 at 325 kg, then surged to a peak of 1 295 kg in 2020—a fourfold increase. The 2020 figure represents a 298.6% rise year-over-year. The sharpest drop occurred in 2019, with a 63.4% decline.
Annual dynamics of product's imports to the Philippines in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 73.6% | (63.4%) | 298.6% | 36.3% |
From 2017 to 2020, Australia and France dominated asparagus imports to the Philippines in volume terms, while other markets played minor roles individually.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the Philippines in kind, 2017-2020
Imports in value, $ US
The market exhibited volatility over these years. Imports reached their lowest value in 2019 at 1 765 US dollars, then jumped to 7 766 US dollars in 2020—a 4.4-fold increase. The 2020 amount was 340.0% higher than the previous year. The largest decline was in 2019, at 25.2%.
Annual dynamics of product's imports to the Philippines in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 19.2% | (25.2%) | 340.0% | 57.7% |
Between 2017 and 2020, Australia and the United States were the key players in asparagus import value to the Philippines, together making up 91.1% of total imports; other markets contributed only small shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the Philippines in value, 2017-2020
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