Asparagus Market in Sweden
Market Overview
After two years of decline, the Swedish asparagus market increased by 
% to $ in . Over the period under review, consumption, however, continues to indicate a prominent expansion. Asparagus consumption peaked in and is expected to retain growth in years to come.
In value terms, asparagus production shrank notably to $ in estimated in export price. Over the period under review, production, however, saw buoyant growth. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. As a result, production attained the peak level of $, and then reduced remarkably in the following year.
The average yield of asparagus in Sweden declined significantly to less than kg per ha in , dropping by -% against the year before. Overall, the yield, however, saw a resilient increase. The growth pace was the most rapid in 2019 when the yield increased by % against the previous year. Over the period under review, the average asparagus yield hit record highs at tonnes per ha in , and then contracted notably 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.
In, approx. less than ha of asparagus were harvested in Sweden; declining by -% on the previous year. In general, the harvested area, however, recorded a remarkable increase. The growth pace was the most rapid in with an increase of %. As a result, the harvested area reached the peak level of ha, and then shrank significantly in the following year.
% to $ in . Over the period under review, consumption, however, continues to indicate a prominent expansion. Asparagus consumption peaked in and is expected to retain growth in years to come.In value terms, asparagus production shrank notably to $
in estimated in export price. Over the period under review, production, however, saw buoyant growth. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. As a result, production attained the peak level of $, and then reduced remarkably in the following year.The average yield of asparagus in Sweden declined significantly to less than
kg per ha in , dropping by -% against the year before. Overall, the yield, however, saw a resilient increase. The growth pace was the most rapid in 2019 when the yield increased by % against the previous year. Over the period under review, the average asparagus yield hit record highs at tonnes per ha in , and then contracted notably 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.In
, approx. less than ha of asparagus were harvested in Sweden; declining by -% on the previous year. In general, the harvested area, however, recorded a remarkable increase. The growth pace was the most rapid in with an increase of %. As a result, the harvested area reached the peak level of ha, and then shrank significantly in the following year.Consumption
In , consumption of asparagus decreased by -% to tonnes, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, continues to indicate a strong increase. Asparagus consumption peaked at tonnes in 2019; however, from to , consumption failed to regain momentum.
The revenue of the asparagus market in Sweden expanded notably to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a prominent increase. Over the period under review, the market attained the maximum level in and is expected to retain growth in the near future.
, consumption of asparagus decreased by -% to tonnes, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, continues to indicate a strong increase. Asparagus consumption peaked at tonnes in 2019; however, from to , consumption failed to regain momentum.The revenue of the asparagus market in Sweden expanded notably to $
in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a prominent increase. Over the period under review, the market attained the maximum level in and is expected to retain growth in the near future.Market Forecast
Driven by increasing demand for asparagus in Sweden, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .
% for the period from to , which is projected to bring the market volume to tonnes by the end of .Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Sweden domestic supply is expected to continue its growth.
% in 2007 to % in . Sweden domestic supply is expected to continue its growth.Trade Balance
Sweden remains a net importer of asparagus; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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