Market Insights
18-07-2024
In 2022, global asparagus exports reached a total of US$1.17 billion. This marks a significant decrease of -11.2% compared to $1.32 billion in 2018.
Year-over-year, the value of asparagus exports worldwide declined by -19.2% from $1.45 billion in 2021.
The top five asparagus exporters are Peru, Mexico, the United States, Spain, and the Netherlands. Together, these countries accounted for 85.7% of the global asparagus exports in 2022, indicating a high concentration among leading suppliers.
Exporters in North America led the way, shipping asparagus worth $467 million, which represents 40% of the global total. Following closely were exporters from Latin America (excluding Mexico but including the Caribbean) at 30.7%, and Europe at 27.2%.
Smaller percentages were contributed by Oceania (0.7%, mostly from Australia), Asia (0.5%), and Africa (0.1%).
For those researching the trade, fresh or chilled asparagus is categorized under the 6-digit Harmonized Tariff System code 070920.
Top Asparagus Exporting Countries
Here are the 15 countries that exported the highest value of asparagus in 2022:
·Peru: US$366.4 million (31.4% of total asparagus exports)
·Mexico: $320.7 million (27.4%)
·United States: $138 million (11.8%)
·Spain: $98.3 million (8.4%)
·Netherlands: $77.4 million (6.6%)
·Italy: $37.1 million (3.2%)
·France: $31.6 million (2.7%)
·Greece: $20.2 million (1.7%)
·Germany: $18.6 million (1.6%)
·Belgium: $14 million (1.2%)
·Canada: $8.3 million (0.7%)
·Australia: $7.9 million (0.7%)
·Hungary: $6 million (0.5%)
·Slovakia: $4.8 million (0.4%)
·Thailand: $4.3 million (0.4%)
These 15 countries collectively accounted for 98.7% of global asparagus exports. In total, 79 countries supplied asparagus to the international market in 2022.
Export Growth and Decline
Among the leading exporters, the following countries saw growth in their asparagus exports from 2021:
·Slovakia: up 7%
·Canada: up 1.6%
·Thailand: up 1.5%
·Belgium: down -53.2% from 2021
·Germany: down -46.4%
·Italy: down -38.1%
·Hungary: down -33.5%
·Greece: down -29.7%
Prominent Asparagus Exporting Companies
Based on information from the global trading platform Tendata, here are some notable asparagus exporters:
1. AGROPRODUCTOS LAS CUMBRES: 5.97%, $46.54 million
2. DANPER TRUJILLO S A C: 4.9%, $38.23 million
3. GREEN PERU S A: 3.8%, $29.64 million
4. VIRU S A: 3.74%, $29.16 million
5. FLORIDABLANCA S A C: 2.59%, $20.15 million
6. AGROEXPORTACIONES NATHANAEL S A C: 2.56%, $19.94 million
7. AGRICOLA CERRO PRIETO S A: 2.5%, $19.49 million
8. UNION AGRICOLA M F SPR: 2.4%, $18.68 million
9. KIMSA FRESH E I R L: 2.37%, $18.45 million
10. COMPLEJO AGROINDUSTRIAL BETA S A: 2.18%, $17.01 million
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