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Overall review of the Chinese asparagus market in 2020 and its prospects in 2021
With the unprecedented market fluctuations that took place in 2020, Walker Brothers, Inc. in collaboration with China Shandong Yuncheng Jiuyuan Agricultural Technology Co. Ltd., (‘Jiuyuan’) summarized the changes and challenges faced by China s asparagus industry in 2020.
Due to the negative impact of the Covid-19 pandemic, the country’s asparagus planting area and the fresh asparagus transaction price have both declined. The total area of asparagus planted nationwide was about 90,000 hectares in 2020, a decrease of 5% from 2019. The total transaction amount in the national market was close to 2.5 billion USD, a decrease of 19% from 2019.