Middle East: Asparagus Market 2024

Asparagus Market Size in the Middle East

In 2023, the Middle Eastern asparagus market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The total consumption indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Asparagus Production in the Middle East

In value terms, asparagus production reached $X in 2023 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Iran (X tons) constituted the country with the largest volume of asparagus production, accounting for X% of total volume. Moreover, asparagus production in Iran exceeded the figures recorded by the second-largest producer, Turkey (X tons), more than tenfold.

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

The average asparagus yield was estimated at X tons per ha in 2023, growing by X% compared with 2022 figures. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2016; however, from 2017 to 2023, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the asparagus harvested area in the Middle East fell to X ha, declining by X% on 2022 figures. Overall, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then dropped modestly in the following year.

Asparagus Exports

Exports in the Middle East

In 2023, asparagus exports in the Middle East soared to X tons, with an increase of X% against the previous year. In general, exports enjoyed a mild expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports failed to regain momentum.

In value terms, asparagus exports surged to $X in 2023. Overall, exports recorded prominent growth. Over the period under review, the exports reached the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the major exporter of asparagus in the Middle East, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Turkey (X tons) took the second position in the ranking, distantly followed by Israel (X tons), Bahrain (X tons) and Syrian Arab Republic (X tons). All these countries together took approx. X% share of total exports. Palestine (X tons) followed a long way behind the leaders.

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

In value terms, the United Arab Emirates ($X) emerged as the largest asparagus supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Israel (X% per year).

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, rising by X% against the previous year. Export price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. 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 most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat 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 the United Arab Emirates ($X per ton), while Israel ($X per ton) was amongst the lowest.

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

Asparagus Imports

Imports in the Middle East

In 2023, after two years of growth, there was significant decline in supplies from abroad of asparagus, when their volume decreased by X% to X tons. Overall, imports, however, posted prominent growth. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, asparagus imports contracted to $X in 2023. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then fell slightly in the following year.

Imports by Country

The United Arab Emirates represented the major importer of asparagus in the Middle East, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. It was distantly followed by Qatar (X tons), Turkey (X tons) and Kuwait (X tons), together constituting a X% share of total imports. The following importers - Jordan (X tons) and Oman (X tons) - each accounted for a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to asparagus imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%), Oman (X%), Turkey (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Kuwait experienced a relatively flat trend pattern. From 2012 to 2023, the share of Qatar and the United Arab Emirates increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest asparagus importing markets in the Middle East were the United Arab Emirates ($X), Qatar ($X) and Kuwait ($X), together accounting for X% of total imports.

In terms of the main importing countries, Qatar, with a CAGR of X%, saw the highest growth rate of 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

The import price in the Middle East stood at $X per ton in 2023, rising by X% against the previous year. Overall, the import price continues to indicate a modest increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform