Asparagus Price Trend and Forecast 2026-2027

Market Overview

The US paid the most for asparagus in Q2 2026: USD 3,660/MT, up 1.5% from USD 3,607 in Q1. The tight domestic harvest volumes didn't help. Worldwide, the average moved up 1.5%, to USD 2,760/MT from USD 2,719, largely because Peru's export season came in a touch shorter than usual this year. What about H2 2026? We'd expect a global average somewhere in the USD 2,720-2,950/MT range, with the steady export and fresh-market demand doing most of the work across the board.

Peru is the world's largest asparagus exporter by a wide margin, its desert-irrigated growing regions along the coast allowing something close to year-round production. Mexico exports mostly into the US market, while China grows enormous volumes but consumes almost all of it domestically, leaving relatively little for export. Three things move the price more than anything else: the Peruvian harvest timing and export volumes, the US and European fresh-market demand, and how the growing-season weather affects yields across the Northern and Southern Hemisphere seasons that keep the supply flowing year-round. None of these three factors shows signs of shifting dramatically in the near term.

Peru's role here is worth understanding in more detail, since so much of the international trade in this product runs through its desert coastal valleys. Irrigation from the Andes lets growers there manage the water supply with more precision than rain-fed regions can, which is part of why Peru has been able to sustain such a large export program despite its dry climate. That irrigation dependence, though, also means the Peruvian harvest can be sensitive to water-availability issues in a way that rain-fed producing regions typically aren't.

China's position in this market is a useful contrast. Despite growing more asparagus than any other country, it barely registers as an exporter, since domestic consumption absorbs almost the entire crop. That makes Chinese pricing here more a reflection of internal supply-demand balance than of anything happening in the international trade that drives the other three markets. Buyers sourcing from China specifically should treat it as effectively a separate market from the export-oriented trio of Peru, Mexico, and the broader international trade, since pricing dynamics there rarely translate directly to what happens elsewhere.

Asparagus Price Forecast for 2026

Supply should stay a bit tighter than usual through H2 2026, with Peru's export season running slightly shorter than typical after uneven early-season weather. Mexico's exports into the US kept building through H1, partially offsetting that. China's domestic market stayed largely insulated from the export-side tightness, since so little of its crop leaves the country anyway.

For buyers in the US and European fresh markets specifically, the Peruvian season length is really the single most important variable to watch. A season running even a few weeks shorter than usual can meaningfully tighten the supply available during peak demand windows.

Buyers relying on Mexican or Chinese supply as a backstop to the Peruvian season should keep in mind that neither market operates at anywhere near the export scale Peru does, so a genuine shortfall in Peru is not something either alternative source can fully offset. Both alternative markets have their own structural limits too. Mexico's export volumes are tied closely to US demand specifically and rarely redirect toward other destinations, while China's minimal export orientation reflects deliberate domestic-market prioritization rather than any lack of production capacity.

What could push prices higher? A shorter-than-expected Peruvian season, or stronger-than-usual fresh-market demand in the US and Europe. What could pull them lower? A meaningful rebound in Peruvian export volumes as the season progresses.

For the Quarter Ending June 2026

Asparagus Prices Q2 2026:

• Peru: USD 2,494/MT
• Mexico: USD 2,812/MT
• China: USD 2,071/MT
• United States: USD 3,660/MT

Asparagus Prices in Peru

Peru's asparagus exporters saw a slightly shorter season this quarter, and the gain came to 1.5%, USD 2,457/MT to USD 2,494. Exporters described the season as workable but noticeably tighter than the prior year.

Why did the price of Asparagus change in Q2 2026 in Peru?

The export season ran a touch shorter than usual after uneven early-season weather, and the demand stayed firm regardless.

Asparagus Prices in Mexico

Mexico climbed 1.5% to USD 2,812/MT, the US-bound export demand continuing to build through the period.

Why did the price of Asparagus change in Q2 2026 in Mexico?

The export demand into the US kept building, and that alone explains most of the move here.

Asparagus Prices in China

USD 2,071/MT. That's where China landed in Q2, up 1.5% from USD 2,040 in Q1. The domestic consumption absorbs almost all of the crop, keeping the export-relevant pricing the most affordable of the four.

Why did the price of Asparagus change in Q2 2026 in China?

The domestic consumption absorbs almost all of China's crop, which is exactly why so little export pressure shows up in its pricing.

Asparagus Prices in United States

The US gained 1.5% to USD 3,660/MT, the tight domestic harvest volumes continuing to support the steepest premium of the four.

Why did the price of Asparagus change in Q2 2026 in United States?

The domestic harvest volumes stayed tight, and that scarcity is what's keeping the US prices well above everyone else.

For the Quarter Ending March 2026

Asparagus Prices Q1 2026:

• Peru: USD 2,457/MT
• Mexico: USD 2,771/MT
• China: USD 2,040/MT
• United States: USD 3,607/MT

Asparagus Prices in Peru

Peru gained 1.5% to USD 2,457/MT, the early-season signals pointing to a shorter export window.

Why did the price of Asparagus change in Q1 2026 in Peru?

The early-season signals pointed to a shorter export window, and the demand firmed right alongside that uncertainty.

Asparagus Prices in Mexico

Mexican asparagus rose 1.5% to USD 2,771/MT, the export demand firming with the new year.

Why did the price of Asparagus change in Q1 2026 in Mexico?

The export demand firmed with the new year, tracking the US fresh-market buying closely.

Asparagus Prices in China

China gained 1.5% to USD 2,040/MT, the domestic demand holding steady through the quarter.

Why did the price of Asparagus change in Q1 2026 in China?

The domestic demand held steady through the quarter, with minimal export pressure showing up in the pricing.

Asparagus Prices in United States

US asparagus climbed 1.5% to USD 3,607/MT, the tight harvest volumes firming further through the quarter.

Why did the price of Asparagus change in Q1 2026 in United States?

The harvest volumes stayed tight, and that scarcity kept pushing the premium wider through the quarter.

Quarterly Asparagus Price Trends

The global average climbed steadily across the window, from USD 2,600/MT in Q1 2025 to USD 2,760 by Q2 2026, a net gain of about 6.2%. Every quarter posted a gain here, reflecting the steady fresh-market demand and, more recently, a somewhat shorter Peruvian export season that tightened the available supply into the peak demand months. That tightening supply picture has been the single most consistent theme across the entire window we track.

What was Asparagus Price in 2025?

2025 was a steady year for asparagus. Starting near USD 2,600/MT in Q1, the global average finished 2025 at USD 2,679, a gain of about 3.0%. The fresh-market demand held consistent all year across every market we track, without the acceleration that showed up once Peru's season ran shorter in early 2026. The consistency of that pattern across the export-relevant markets makes this one of the more predictable produce categories we track.

Asparagus Prices in Peru in 2025

Peruvian prices moved from about USD 2,350/MT in Q1 2025 to USD 2,421 by Q4, up roughly 3.0%. The export volumes held their usual pace all year, and Peru stayed the most affordable of the four export-relevant markets throughout.

Asparagus Prices in Mexico in 2025

Mexican prices climbed from USD 2,650/MT in Q1 to USD 2,730 by Q4, a 3.0% gain, tracking the steady US-bound export demand.

Asparagus Prices in China in 2025

Chinese prices rose from USD 1,950/MT in Q1 to USD 2,009 by Q4, up 3.0%, with the domestic consumption absorbing almost all of the crop throughout the year.

Asparagus Prices in United States in 2025

US prices moved from USD 3,450/MT in Q1 to USD 3,554 by Q4, a 3.0% gain, the highest absolute price throughout the four markets on the tight domestic harvest volumes.

How We Can Help

Expert Market Research: Your Source for Real-Time Asparagus Price Intelligence

We keep a continuous eye on the asparagus prices wherever it's grown or consumed at scale, tracing causation through the Peruvian harvest timing and export volumes, the US and European fresh-market demand, and the growing-season weather that shapes yields across both hemispheres. Our analysts pay especially close attention to how the Peruvian export season is progressing each quarter, given how outsized its influence is on the broader market. Need pricing data, bespoke market analysis, or procurement advisory? Reach out to our team. We also flag any material shift in the Peruvian export-season timing as soon as it becomes apparent.