Chile: Asparagus Market 2024

Asparagus Market Size in Chile

The Chilean asparagus market fell to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Asparagus consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Asparagus Production in Chile

In value terms, asparagus production shrank to $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

In 2023, the average asparagus yield in Chile declined modestly to X tons per ha, remaining relatively unchanged against 2022 figures. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when the yield increased by X% against the previous year. Over the period under review, the average asparagus yield reached the maximum level at X tons per ha in 2022, and then shrank slightly 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.

The asparagus harvested area in Chile rose sharply to X ha in 2023, growing by X% compared with the previous year's figure. Over the period under review, the harvested area, however, recorded a slight setback. The pace of growth was the most pronounced in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to asparagus production attained the maximum at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Asparagus Exports

Exports from Chile

In 2023, approx. X tons of asparagus were exported from Chile; standing approx. at the previous year's figure. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, asparagus exports expanded sharply to $X in 2023. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X,220%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for asparagus exports from Chile, accounting for a X% share of total exports. Moreover, asparagus exports to the Netherlands exceeded the volume sent to the second major destination, South Korea (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Spain (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for asparagus exports from Chile, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Spain (X% per year).

Export Prices by Country

The average asparagus export price stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Asparagus Imports

Imports into Chile

In 2023, after two years of growth, there was significant decline in purchases abroad of asparagus, when their volume decreased by X% to X tons. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, asparagus imports dropped remarkably to $X in 2023. Overall, imports faced a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Peru (X tons) was the main supplier of asparagus to Chile, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Peru amounted to X%.

In value terms, Peru ($X) constituted the largest supplier of asparagus to Chile.

From 2012 to 2023, the average annual rate of growth in terms of value from Peru stood at X%.

Import Prices by Country

In 2023, the average asparagus import price amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From 2012 to 2023, the rate of growth in terms of prices for Peru amounted to X% per year.

Source: IndexBox Platform