Report Update Apr 1, 2024

Nepal - Preserved Asparagus - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Preserved Asparagus Market 2024

Preserved Asparagus Market Size in Nepal

The Nepalese preserved asparagus market shrank slightly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption recorded a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Preserved Asparagus Production in Nepal

In value terms, preserved asparagus production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Preserved Asparagus Exports

Exports from Nepal

In 2021, the amount of preserved asparagus exported from Nepal totaled X kg, almost unchanged from 2020 figures. Overall, exports enjoyed a significant increase. The smallest decline of X% was in 2016. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, preserved asparagus exports totaled $X in 2021. Over the period under review, exports showed a significant increase. The smallest decline of X% was in 2016. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The UK (X kg) was the main destination for preserved asparagus exports from Nepal, accounting for a approx. X% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to the UK was relatively modest.

From 2015 to 2021, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2021, the average preserved asparagus export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2015 to 2021, the rate of growth in terms of prices for the UK amounted to X% per year.

Preserved Asparagus Imports

Imports into Nepal

In 2022, approx. X tons of preserved asparagus were imported into Nepal; rising by X% compared with 2021 figures. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, preserved asparagus imports skyrocketed to $X in 2022. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X tons) was the main preserved asparagus supplier to Nepal, accounting for a X% share of total imports. Moreover, preserved asparagus imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Singapore amounted to X%.

In value terms, Singapore ($X) constituted the largest supplier of preserved asparagus to Nepal, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Singapore amounted to X%.

Import Prices by Country

In 2022, the average preserved asparagus import price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved asparagus in the world?

The countries with the highest volumes of consumption in 2023 were Spain, China and Germany, together accounting for 39% of global consumption. France, the United States, India, Nigeria, Denmark, Japan, Pakistan, the Netherlands and Russia lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of preserved asparagus in the world?

The country with the largest volume of preserved asparagus production was China, accounting for 39% of total volume. Moreover, preserved asparagus production in China exceeded the figures recorded by the second-largest producer, Peru, twofold. The third position in this ranking was taken by India, with a 3.8% share.

What are the leading suppliers of preserved asparagus to Nepal?

In value terms, Singapore constituted the largest supplier of preserved asparagus to Nepal, comprising 96% of total imports. The second position in the ranking was taken by China $182), with a 3.8% share of total imports.

What is the average export price for preserved asparagus in Nepal?

The average preserved asparagus export price stood at $1,433 per ton in 2021, approximately reflecting the previous year.

What is the average import price for preserved asparagus in Nepal?

In 2022, the average preserved asparagus import price amounted to $3,419 per ton, flattening at the previous year.

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

Nepal

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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