World - Canned Mushrooms - Market Analysis, Forecast, Size, Trends and Insights
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The global canned mushroom market is forecasted to experience a downward consumption trend over the next eight years, with a slight decrease in market performance. Despite this, the market value is expected to contract in terms of volume and increase in terms of value. Vietnam leads in both consumption and imports, with significant growth rates in both categories. China and the Netherlands are key players in exports, while Poland shows strong growth in export volume. The average export price is on the rise, indicating overall market growth and potential for continued expansion in the immediate future.
Market Forecast
The canned mushroom market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.9% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 1.2M tons by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +2.7% for the period from 2022 to 2030, which is projected to bring the market value to $2.9B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Canned Mushrooms
In 2022, global canned mushroom consumption surged to 1.4M tons, rising by 73% compared with the previous year. In general, the total consumption indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The global canned mushroom market revenue skyrocketed to $2.4B in 2022, picking up by 29% 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). The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Consumption By Country
Vietnam (612K tons) remains the largest canned mushroom consuming country worldwide, comprising approx. 43% of total volume. Moreover, canned mushroom consumption in Vietnam exceeded the figures recorded by the second-largest consumer, Spain (100K tons), sixfold. China (71K tons) ranked third in terms of total consumption with a 4.9% share.
In Vietnam, canned mushroom consumption expanded at an average annual rate of +50.2% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: Spain (+8.8% per year) and China (-6.9% per year).
In value terms, Vietnam ($531M) led the market, alone. The second position in the ranking was held by China ($245M). It was followed by Thailand.
From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +45.7%. In the other countries, the average annual rates were as follows: China (-1.9% per year) and Thailand (+19.8% per year).
The countries with the highest levels of canned mushroom per capita consumption in 2022 were Vietnam (6.2 kg per person), Hong Kong SAR (6.2 kg per person) and the Netherlands (2.7 kg per person).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Vietnam (with a CAGR of +48.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Canned Mushrooms
In 2022, approx. 950K tons of canned mushrooms were produced worldwide; flattening at the previous year. Over the period under review, production, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 2.3% against the previous year. Over the period under review, global production reached the peak volume at 1.1M tons in 2012; however, from 2013 to 2022, production failed to regain momentum.
In value terms, canned mushroom production stood at $2.6B in 2022 estimated in export price. In general, production, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2019 when the production volume increased by 25%. Over the period under review, global production attained the maximum level at $3.1B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (380K tons), the Netherlands (250K tons) and Spain (140K tons), together accounting for 81% of global production. Poland, Thailand, Indonesia and Vietnam lagged somewhat behind, together accounting for a further 14%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Thailand (with a CAGR of +13.2%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Canned Mushrooms
In 2022, the amount of canned mushrooms imported worldwide skyrocketed to 1.2M tons, jumping by 103% against the year before. In general, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, canned mushroom imports surged to $1.3B in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports By Country
Vietnam prevails in imports structure, resulting at 597K tons, which was approx. 52% of total imports in 2022. It was distantly followed by Germany (61K tons), mixing up a 5.3% share of total imports. The following importers - the United States (50K tons), Hong Kong SAR (47K tons), Russia (33K tons), France (31K tons), Malaysia (25K tons), the Philippines (23K tons) and Japan (19K tons) - together made up 20% of total imports.
Vietnam was also the fastest-growing in terms of the canned mushrooms imports, with a CAGR of +80.0% from 2012 to 2022. At the same time, Hong Kong SAR (+19.6%), Malaysia (+8.4%) and the Philippines (+6.4%) displayed positive paces of growth. The United States and France experienced a relatively flat trend pattern. By contrast, Germany (-2.8%), Russia (-3.3%) and Japan (-3.6%) illustrated a downward trend over the same period. Vietnam (+51 p.p.) and Hong Kong SAR (+2.6 p.p.) significantly strengthened its position in terms of the global imports, while France, Japan, the United States, Russia and Germany saw its share reduced by -2.9%, -3.4%, -4.4%, -5.6% and -9.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Hong Kong SAR ($179M), the United States ($163M) and Germany ($117M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 36% of global imports. Vietnam, France, Japan, Malaysia, Russia and the Philippines lagged somewhat behind, together accounting for a further 26%.
Vietnam, with a CAGR of +51.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average canned mushroom import price amounted to $1,117 per ton, which is down by -38.7% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 8.1% against the previous year. Over the period under review, average import prices reached the maximum at $1,875 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($3,804 per ton), while Vietnam ($196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.7%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Canned Mushrooms
After two years of growth, shipments abroad of canned mushrooms decreased by -1.9% to 673K tons in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 15%. Over the period under review, the global exports reached the peak figure at 687K tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, canned mushroom exports surged to $2.4B in 2022. Over the period under review, exports, however, saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports By Country
In 2022, China (310K tons) and the Netherlands (212K tons) were the key exporters of canned mushroomsacross the globe, together mixing up 78% of total exports. Poland (71K tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Spain (6.3%).
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +9.5%), while the other global leaders experienced mixed trends in the exports figures.
In value terms, China ($1.7B) remains the largest canned mushroom supplier worldwide, comprising 71% of global exports. The second position in the ranking was taken by the Netherlands ($298M), with a 12% share of global exports. It was followed by Poland, with a 5.3% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +11.4%. In the other countries, the average annual rates were as follows: the Netherlands (+0.6% per year) and Poland (+8.1% per year).
Export Prices By Country
In 2022, the average canned mushroom export price amounted to $3,628 per ton, increasing by 29% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned mushroom export price increased by +66.3% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($5,620 per ton), while the Netherlands ($1,408 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global canned mushroom market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 451 - Canned Mushrooms
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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