Updated: Aug 25
Asparagus in Vietnam, a versatile and nutritious vegetable, holds a significant place in the global agricultural industry. Its popularity continues to rise, driven by its unique flavor, health benefits, and culinary versatility.
Market Trends and Demand.
The global demand for asparagus continues to grow, driven by changing consumer preferences, increased awareness of its health benefits, and its inclusion in various cuisines worldwide. Consumers are increasingly seeking organic and locally sourced produce, including asparagus. This trend has prompted growers to adopt organic farming practices and promote local production to meet market demands. Apart from fresh asparagus, there is a growing market for value-added asparagus products such as pickled asparagus, canned asparagus, and frozen asparagus. These products offer convenience and cater to different consumer preferences. Asparagus is traded extensively on the international market, with both import and export volumes increasing. Countries with favorable production conditions often export their surplus asparagus to meet the demand of importing nations.
The situation of asparagus production and consumption in the world.
Asparagus products circulate on the world market in three forms: fresh asparagus, cold storage, and canned processed products. According to a report by FAO in the world, there are about 65 countries involved in the production and export of asparagus products (FAOSTAT, 2019).
Currently, the world's asparagus growing area is 1,623,741 hectares, of which Asia is the largest asparagus growing area in the world 1,478,945 hectares with a high yield of 8,379,110 tons. Some countries that grow asparagus with a large area are China, Peru, Mexico, the United States, and Germany. Of which the largest is China 1,471,127 ha, to Peru 30,842 ha and Mexico 22,980 ha, the lowest is Luxembourg about 10 ha. Iran is the country with the largest asparagus yield of 29.07 tons/ha and the lowest yield is 0.67 tons/ha in Finland. (FAOSTAT, 2019).
The consumption of asparagus has been steadily increasing worldwide due to changing dietary preferences, rising awareness of its nutritional benefits, and its inclusion in various cuisines. Asparagus is valued for its delicate flavor, versatility in cooking, and its rich content of vitamins and minerals. Asparagus consumption in North America, particularly in the United States and Canada, remains high. It is a popular vegetable enjoyed both fresh and in various culinary preparations.
Production and consumption of asparagus in Vietnam.
In Vietnam, asparagus was introduced in the 1960s, but in 2005, the area of asparagus in our country was only developed in the provinces of Ninh Thuan, Binh Thuan, Quang Ngai, Khanh Hoa, Lam Dong, and Ba Ria Vung. Train, Dong Nai, Binh Phuoc, Vinh Phuc, Long An,... Until 1990, a company specializing in vegetables and fruits in Da Lat boldly invested in growing asparagus. The market for asparagus at that time was mainly Germany. But it was not until 15 years later, thanks to the government's policy, that the asparagus plant was rooted in the Cu Chi district of Ho Chi Minh City and brought about positive results.
Ninh Thuan is the province with the largest asparagus growing area in Vietnam. The main export market of Vietnam's asparagus is Western European countries and is increasingly expanding to other regions. Domestic hotels and restaurants also have demand for this product. In Thua Thien Hue, the climatic and soil conditions are suitable for growing asparagus. However, so far, there have been no published works as well as asparagus planting models introduced in the crop structure of localities in the province.
Vietnam has also made its mark in the global market for asparagus. While not among the largest producers, Vietnam has been steadily increasing its asparagus cultivation and export capabilities. The country's favorable geographic location, suitable climate, and a growing focus on agricultural development have contributed to its emergence as an important player in the asparagus industry.
Export Markets and Opportunities.
Vietnam's asparagus exports have primarily focused on regional markets, including Japan, South Korea, China, and Southeast Asian countries. However, there is untapped potential for expanding exports to other regions such as Europe and the United States. Vietnamese asparagus is known for its quality and competitive pricing, which presents opportunities for further market penetration and diversification.
Challenges and Future Outlook of asparagus industry.
While Vietnam's asparagus industry is poised for growth, it faces certain challenges. These challenges include increasing competition from other global producers, maintaining product quality standards, and ensuring sustainable cultivation practices. Addressing these challenges will be crucial for Vietnam to solidify its position in the global asparagus market and capitalize on future opportunities.
The global market for asparagus continues to thrive, driven by increasing consumer demand for healthy and flavorful vegetables. Vietnam, with its growing asparagus production and export capabilities, has become a noteworthy player in this industry. By leveraging its strengths and addressing challenges, Vietnam can further expand its presence in the global asparagus market, contributing to the country's agricultural growth and meeting the demands of discerning consumers worldwide.