Report Update: Oct 1, 2023
China - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Jul 23, 2023
China's Mushroom and Truffle Market Witnesses 2% Increase in Prices, Reaching An Average of $1,711 per Ton
China Mushroom And Truffle Export Price in June 2023
In June 2023, the mushroom and truffle price amounted to $1,711 per ton (FOB, China), rising by 2.3% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 15% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,349 per ton in September 2022; however, from October 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were the Netherlands ($2,146 per ton) and Malaysia ($2,099 per ton), while the average price for exports to Thailand ($1,549 per ton) and Vietnam ($1,556 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.1%), while the prices for the other major destinations experienced a decline.
| COUNTRY | Export Price of Mushroom And Truffle in China (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| Netherlands | 2,435 | 2,596 | 3,010 | 2,945 | 3,106 | 2,719 | 2,452 | 2,684 | 3,548 | 3,228 | 2,799 | 2,557 | 2,146 |
| Malaysia | 2,415 | 2,548 | 2,482 | 2,542 | 2,538 | 2,569 | 2,562 | 2,496 | 2,452 | 2,738 | 2,740 | 2,267 | 2,099 |
| Singapore | 2,256 | 3,001 | 2,449 | 2,067 | 2,017 | 2,068 | 1,771 | 2,026 | 1,946 | 2,062 | 1,996 | 1,948 | 1,978 |
| United States | 2,048 | 2,118 | 2,146 | 2,769 | 2,363 | 2,242 | 1,968 | 1,828 | 2,101 | 2,118 | 2,265 | 2,124 | 1,931 |
| Indonesia | 2,445 | 2,092 | 2,735 | 2,165 | 3,164 | 1,951 | 2,148 | 2,376 | 2,454 | 2,295 | 2,043 | 1,876 | 1,809 |
| Vietnam | 1,369 | 1,313 | 1,335 | 1,432 | 1,460 | 1,311 | 1,420 | 1,448 | 1,568 | 1,362 | 1,281 | 1,249 | 1,556 |
| Thailand | 1,623 | 1,642 | 1,784 | 1,688 | 1,614 | 1,591 | 1,524 | 1,595 | 1,828 | 1,719 | 1,641 | 1,614 | 1,549 |
| Average | 1,720 | 1,842 | 2,112 | 2,349 | 1,851 | 1,750 | 1,665 | 1,721 | 1,908 | 1,895 | 1,771 | 1,672 | 1,711 |
China Mushroom And Truffle Exports
In June 2023, approximately 13K tons of mushrooms and truffles were exported from China; picking up by 2.9% compared with the month before. The total export volume increased at an average monthly rate of +1.9% over the period from June 2022 to June 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in December 2022 with an increase of 17% against the previous month. As a result, the exports reached the peak of 15K tons. From January 2023 to June 2023, the growth of the exports failed to regain momentum.
In value terms, mushroom and truffle exports expanded rapidly to $22M (IndexBox estimates) in June 2023. The total export value increased at an average monthly rate of +1.9% from June 2022 to June 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in August 2022 when exports increased by 29% m-o-m.
China Mushroom And Truffle Exports by Country
Vietnam (4.3K tons), Thailand (3.9K tons) and Malaysia (1.5K tons) were the main destinations of mushroom and truffle exports from China, with a combined 75% share of total exports. Indonesia, the United States, the Netherlands and Singapore lagged somewhat behind, together accounting for a further 15%.
From June 2022 to June 2023, the biggest increases were in Indonesia (with a CAGR of +12.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($6.7M), Thailand ($6.1M) and Malaysia ($3.1M) were the largest markets for mushroom and truffle exported from China worldwide, with a combined 72% share of total exports. These countries were followed by Indonesia, the United States, the Netherlands and Singapore, which together accounted for a further 17%.
In terms of the main countries of destination, Indonesia, with a CAGR of +9.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the mushroom and truffle market in China. 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 449 - Mushrooms
Country coverage:
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Yield And Growth
Figure 16:
Exports And Growth
Figure 17:
Export Prices And Growth
Figure 18:
Market Size And Growth
Figure 19:
Per Capita Consumption
Figure 20:
Imports And Growth
Figure 21:
Import Prices
Figure 22:
Production, In Physical Terms, 2012–2022
Figure 23:
Production, In Value Terms, 2012–2022
Figure 24:
Area Harvested, 2012–2022
Figure 25:
Yield, 2012–2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country Of Origin, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, By Country Of Destination, 2012–2022
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