China Asparagus Annual 2009
Marking year (MY) 2010 fresh asparagus production is forecast at 200,000 metric tons (MT), a 20 percent drop from last year based on significant acreage decline. Farmers are expected to shift production to other crops on expectations of continued low prices. MY 2008 and MY 2009 production estimates were also reduced because of weaker export demand (due to the effects of the global economic recession), which caused planted acreage to drop more dramatically than what was earlier projected. However, MY 2010 canned/jarred and frozen asparagus exports are projected to rise to 84,000 MT and 33,000 MT due to strong demand from Europe, Japan, and South Korea. Domestic consumption is believed to be relatively stable, and has been revised in the PSD table (for the last 3 years).