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Brazil - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in Brazil - 2023
Contents:
- Asparagus Price in Brazil (CIF) - 2023
- Asparagus Price in Brazil (FOB) - 2022
- Asparagus Imports in Brazil
- Asparagus Exports in Brazil
Asparagus Price in Brazil (CIF) - 2023
In July 2023, the average asparagus import price amounted to $8,115 per ton, surging by 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From July 2022 to July 2023, the rate of growth in terms of prices for Peru amounted to +2.5% per month.
Asparagus Price in Brazil (FOB) - 2022
In 2022, the average asparagus export price amounted to $7,647 per ton, picking up by 38% against the previous year. Over the last four-year period, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($17,835 per ton), while the average price for exports to Chile ($2,055 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.7%).
Asparagus Imports in Brazil
In 2022, asparagus imports into Brazil reached 775 tons, stabilizing at the previous year. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 12%.
In value terms, asparagus imports stood at $4.5M in 2022. Overall, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
Import of Asparagus in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 6.6 | 3.9 | 4.3 | 4.5 | -12.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.6 | 3.9 | 4.3 | 4.5 | -12.0% |
Top Suppliers of Asparagus to Brazil in 2022:
- Peru (774.6 tons)
Asparagus Exports in Brazil
In 2022, the amount of asparagus exported from Brazil rose to 3.9 tons, increasing by 4.7% against 2021. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 29%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, asparagus exports soared to $30K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Asparagus in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | N/A | N/A | N/A | 4.0 | 0% |
Hong Kong SAR | N/A | N/A | N/A | 3.7 | 0% |
Argentina | N/A | N/A | N/A | 3.6 | 0% |
Marshall Islands | N/A | N/A | N/A | 3.4 | 0% |
Panama | N/A | N/A | N/A | 3.3 | 0% |
Denmark | N/A | N/A | N/A | 2.5 | 0% |
Thailand | N/A | N/A | N/A | 2.5 | 0% |
Liberia | N/A | N/A | N/A | 2.0 | 0% |
Portugal | N/A | N/A | N/A | 1.0 | 0% |
Malta | N/A | N/A | N/A | 0.5 | 0% |
Chile | N/A | N/A | N/A | 0.2 | 0% |
Cyprus | N/A | N/A | N/A | 0.2 | 0% |
Austria | 12.4 | 2.1 | 0.1 | N/A | -91.0% |
Others | 7.4 | 25.9 | 20.4 | 2.8 | -27.7% |
Total | 19.8 | 28.0 | 20.5 | 29.6 | 14.3% |
Top Export Markets for Asparagus from Brazil in 2022:
- Panama (993.0 kg)
- Liberia (464.0 kg)
- Marshall Islands (432.0 kg)
- Hong Kong SAR (322.0 kg)
- Singapore (294.0 kg)
- Argentina (265.0 kg)
- Thailand (194.0 kg)
- Portugal (164.0 kg)
- Denmark (139.0 kg)
- Chile (109.0 kg)
- Cyprus (72.0 kg)
- Malta (64.0 kg)
This report provides an in-depth analysis of the asparagus market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 367 - Asparagus
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global asparagus consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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