Scandinavia: Asparagus Market 2024

Asparagus Market Size in Scandinavia

The Scandinavia asparagus market declined to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a pronounced contraction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Asparagus Production in Scandinavia

In value terms, asparagus production reduced to $X in 2023 estimated in export price. Overall, production, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. The level of production peaked at $X in 2022, and then dropped in the following year.

The country with the largest volume of asparagus production was Sweden (X tons), accounting for X% of total volume. Moreover, asparagus production in Sweden exceeded the figures recorded by the second-largest producer, Finland (X tons), tenfold.

From 2012 to 2023, the average annual growth rate of volume in Sweden totaled X%.

In 2023, the average asparagus yield in Scandinavia dropped to X tons per ha, which is down by X% compared with the previous year's figure. Overall, the yield, however, showed a resilient increase. The pace of growth appeared the most rapid in 2019 when the yield increased by X%. The level of yield peaked at X tons per ha in 2022, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of asparagus in Scandinavia rose to X ha, picking up by X% on the previous year. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2021 to 2023, the growth of the asparagus harvested area remained at a lower figure.

Asparagus Exports

Exports in Scandinavia

After two years of growth, overseas shipments of asparagus decreased by X% to X tons in 2023. Over the period under review, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports remained at a lower figure.

In value terms, asparagus exports contracted to $X in 2023. Overall, exports, however, posted a noticeable increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons) and Finland (X tons) prevails in exports structure, together generating X% of total exports. It was distantly followed by Norway (X tons), mixing up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) constituted the countries with the highest levels of exports in 2023.

Among the main exporting countries, Norway, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced mixed trends in the export price figures.

Asparagus Imports

Imports in Scandinavia

Asparagus imports declined remarkably to X tons in 2023, shrinking by X% compared with the previous year's figure. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, asparagus imports contracted slightly to $X in 2023. In general, imports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Sweden (X tons) and Norway (X tons) represented the largest importers of asparagus in Scandinavia, together committing X% of total imports. It was distantly followed by Finland (X tons), creating a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Norway ($X), Sweden ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2023.

Among the main importing countries, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform