Mushroom and Truffle Market in the USA - Key Insights

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IndexBox has just published a new report, the U.S. - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

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The revenue of the mushroom and truffle market in the U.S. amounted to $X in 2017, declining by -X% 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 +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the mushroom and truffle market attained its maximum level at $X in 2016, and then declined slightly in the following year.

Mushroom And Truffle Production in the USA

In 2017, approx. X tonnes of mushrooms and truffles were produced in the U.S.; reducing by -X% against the previous year.' The total output volume increased at an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review.

Mushroom And Truffle Exports
Exports from the USA

In 2017, approx. X tonnes of mushrooms and truffles were exported from the U.S.; jumping by X% against the previous year. Overall, mushroom and truffle exports continue to indicate a temperate deduction.

In value terms, mushroom and truffle exports stood at $X (IndexBox estimates) in 2017.

Exports by Country

Canada (X tonnes) was the main destination for mushroom and truffle exports from the U.S., with a X% share of total exports. Moreover, mushroom and truffle exports to Canada exceeded the volume sent to the second major destination, Aruba (X tonnes), more than tenfold. Japan (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (+X% per year) and Japan (-X% per year).

In value terms, Canada ($X) remains the key foreign market for mushroom and truffle exports from the U.S., comprising X% of total mushroom and truffle exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Aruba, with a X% share.

Export Prices by Country

In 2017, the average mushroom and truffle export price amounted to $X per kg, lowering by -X% against the previous year. In general, the mushroom and truffle export price continues to indicate a mild reduction.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Japan ($X per kg), while the average price for exports to Bermuda ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Bahamas (+X% per year), while the export prices for the other major destinations experienced mixed trend patterns.

Mushroom And Truffle Imports
Imports into the USA

In 2017, mushroom and truffle imports into the U.S. totaled X tonnes, increasing by X% against the previous year.

In value terms, mushroom and truffle imports totaled $X (IndexBox estimates) in 2017. In general, mushroom and truffle imports continue to indicate a strong increase. Imports peaked in 2017, and are likely to continue its growth in the near future.

Imports by Country

In 2017, Canada (X tonnes) constituted the largest mushroom and truffle supplier to the U.S., with a X% share of total imports. Moreover, mushroom and truffle imports from Canada exceeded the figures recorded by the second largest supplier, Mexico (X tonnes), fourfold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and China (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of mushroom and truffle to the U.S., comprising X% of total mushroom and truffle imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

Import Prices by Country

In 2017, the average mushroom and truffle import price amounted to $X per kg, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%.

Import prices varied noticeably by the country of origin; the country with the highest import price was Canada ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform