Japan - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Japan - Preserved Asparagus - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Asparagus Price in Japan - 2023

Contents:

  1. Preserved Asparagus Price in Japan (CIF) - 2023
  2. Preserved Asparagus Price in Japan (FOB) - 2022
  3. Preserved Asparagus Imports in Japan
  4. Preserved Asparagus Exports in Japan

Preserved Asparagus Price in Japan (CIF) - 2023

In July 2023, the average preserved asparagus import price amounted to $5,097 per ton, picking up by 9.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 33% month-to-month. Over the period under review, average import prices attained the maximum at $5,890 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($8,974 per ton), while the price for China ($4,865 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Preserved Asparagus Price in Japan (FOB) - 2022

In 2022, the average preserved asparagus export price amounted to $67,343 per ton, increasing by 2,819% against the previous year. Over the period under review, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +58.6% per year.

Preserved Asparagus Imports in Japan

In 2022, supplies from abroad of preserved asparagus decreased by -20.4% to 583 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports reached the peak of 943 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved asparagus imports contracted to $2.7M in 2022. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports attained the peak of $3.8M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Preserved Asparagus in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.11.71.71.8-5.0%
Peru1.32.01.20.9-11.5%
OthersN/AN/AN/AN/A0%
Total3.43.82.92.7-7.4%

Top Suppliers of Preserved Asparagus to Japan in 2022:

  1. China (367.9 tons)
  2. Peru (210.7 tons)

Preserved Asparagus Exports in Japan

In 2022, after three years of growth, there was significant decline in overseas shipments of preserved asparagus, when their volume decreased by -98.3% to 35 kg. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 344%. As a result, the exports attained the peak of 2 tons, and then shrank dramatically in the following year.

In value terms, preserved asparagus exports fell significantly to $2.4K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 156% against the previous year. As a result, the exports reached the peak of $4.7K, and then contracted notably in the following year.

Export of Preserved Asparagus in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A2.40%
Macao SAR0.70.44.7N/A159.1%
SingaporeN/A0.9N/AN/A0%
Others0.40.4N/AN/A0.0%
Total1.21.84.72.426.0%

Top Export Markets for Preserved Asparagus from Japan in 2022:

  1. Hong Kong SAR (35.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved asparagus market in Japan. 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:

  • Prodcom 10391760 - Preserved asparagus (excluding prepared vegetable dishes and asparagus dried, frozen or preserved by vinegar or acetic acid)

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m

Thailand, Hungary and France Lead Canned Sweet Corn Exports
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In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year. 

Hungary’s Exports of Prepared Sweet Corn Maintained Strong Positions in 2014
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Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it

Japan's July 2023 Import of Preserved Asparagus Drops by 9% to $386K
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Eye 218

In January 2023, preserved asparagus imports experienced an impressive growth rate of 214% month-on-month. However, the value of imports decreased to $386K in July 2023.

Italy Remains the Strongest Exporter of Vegetables (Homogenized Preparations)
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Eye 1331

Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m

Thailand, Hungary and France Lead Canned Sweet Corn Exports
Aug 10, 2021
Eye 1569

In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year. 

Hungary’s Exports of Prepared Sweet Corn Maintained Strong Positions in 2014
Sep 14, 2015
Eye 1149

Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it

Free Data: Preserved Asparagus - Japan