Sweden: Asparagus Market 2024

Asparagus Market Size in Sweden

The Swedish asparagus market rose to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Asparagus consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Asparagus Production in Sweden

In value terms, asparagus production dropped to $X in 2023 estimated in export price. In general, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

The average yield of asparagus in Sweden declined to X tons per ha in 2023, falling by X% compared with the year before. Overall, the yield, however, recorded strong growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the average asparagus yield reached the peak level at X tons per ha in 2022, and then fell 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 Sweden expanded slightly to X ha in 2023, picking up by X% on the year before. Over the period under review, the harvested area, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2020 when the harvested area increased by X%. As a result, the harvested area attained 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 from Sweden

In 2023, shipments abroad of asparagus decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, asparagus exports contracted remarkably to $X in 2023. Overall, exports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for asparagus exports from Sweden, with a X% share of total exports. Moreover, asparagus exports to Germany exceeded the volume sent to the second major destination, Denmark (X tons), fivefold.

From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Norway (X% per year).

In value terms, the largest markets for asparagus exported from Sweden were Germany ($X), Norway ($X) and Denmark ($X), with a combined X% share of total exports.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2023, the average asparagus export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Denmark ($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 Norway (X%), while the prices for the other major destinations experienced mixed trend patterns.

Asparagus Imports

Imports into Sweden

In 2023, approx. X tons of asparagus were imported into Sweden; shrinking by X% against 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, asparagus imports expanded slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Spain (X tons) were the main suppliers of asparagus imports to Sweden, together accounting for X% of total imports. Germany, Hungary, Belgium and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest asparagus suppliers to Sweden were the Netherlands ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. Spain, Belgium, Hungary and Denmark lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, 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 more modest paces of growth.

Import Prices by Country

In 2023, the average asparagus import price amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven-year period, 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.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform