Africa: Asparagus Market 2024

Asparagus Market Size in Africa

In 2023, after six years of growth, there was significant decline in the African asparagus market, when its value decreased by X% to $X. In general, consumption, however, continues to indicate a strong expansion. The level of consumption peaked at $X in 2022, and then reduced rapidly in the following year.

Asparagus Production in Africa

In value terms, asparagus production totaled $X in 2023 estimated in export price. In general, production, however, saw a strong expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Kenya (X tons) remains the largest asparagus producing country in Africa, comprising approx. X% of total volume. Moreover, asparagus production in Kenya exceeded the figures recorded by the second-largest producer, Morocco (X tons), fourfold. The third position in this ranking was held by Zimbabwe (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume in Kenya totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Morocco (X% per year) and Zimbabwe (X% per year).

The average asparagus yield surged to X tons per ha in 2023, increasing by X% on the year before. Overall, the yield saw a mild increase. Over the period under review, the asparagus yield hit record highs at X tons per ha in 2021; however, from 2022 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of asparagus were harvested in Africa; declining by X% on 2022. In general, the harvested area, however, continues to indicate moderate growth. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then fell dramatically in the following year.

Asparagus Exports

Exports in Africa

In 2023, shipments abroad of asparagus increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports recorded moderate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, asparagus exports skyrocketed to $X in 2023. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

In 2023, Morocco (X tons) was the largest exporter of asparagus, generating X% of total exports. It was distantly followed by Madagascar (X tons), South Africa (X tons) and Namibia (X tons), together constituting a X% share of total exports. Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to asparagus exports from Morocco stood at X%. At the same time, Madagascar (X%), Namibia (X%), Nigeria (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. While the share of Madagascar (X p.p.), South Africa (X p.p.), Namibia (X p.p.) and Nigeria (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Morocco (X p.p.) displayed negative dynamics.

In value terms, the largest asparagus supplying countries in Africa were Morocco ($X), Madagascar ($X) and South Africa ($X), with a combined X% share of total exports.

Madagascar, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, dropping by X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, asparagus export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

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 Nigeria ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Asparagus Imports

Imports in Africa

In 2023, the amount of asparagus imported in Africa soared to X tons, increasing by X% on the previous year's figure. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in years to come.

In value terms, asparagus imports soared to $X in 2023. Over the period under review, imports posted a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Madagascar was the largest importer of asparagus in Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2023. It was distantly followed by South Africa (X tons), achieving a X% share of total imports. Morocco (X tons) followed a long way behind the leaders.

Madagascar was also the fastest-growing in terms of the asparagus imports, with a CAGR of X% from 2012 to 2023. At the same time, Morocco (X%) and South Africa (X%) displayed positive paces of growth. While the share of Madagascar (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Morocco (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, Madagascar ($X) constitutes the largest market for imported asparagus in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports.

In Madagascar, asparagus imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Morocco (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price, however, recorded a deep setback. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Morocco ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform