
United Kingdom - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights
UK Mushroom and Truffle Price Drops Slightly to $2,313 per Ton
United Kingdom Mushroom and Truffle Import Price in July 2022
In July 2022, the mushroom and truffle price amounted to $2,313 per ton (CIF, United Kingdom), approximately equating the previous month. In general, the import price continues to indicate a mild decline. The growth pace was the most rapid in June 2022 an increase of 0.2% month-to-month. Over the period under review, average import prices hit record highs at $2,570 per ton in January 2022; however, from February 2022 to July 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2022, the countries with the highest prices were Ireland ($2,437 per ton) and the Netherlands ($2,330 per ton), while the price for France ($2,000 per ton) and Poland ($2,161 per ton) were amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Poland (-1.2%), while the prices for the other major suppliers experienced a decline.
United Kingdom Mushroom and Truffle Imports
In July 2022, mushroom and truffle imports into the UK fell to 7.9K tons, declining by -3.5% compared with June 2022. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in May 2022 when imports increased by 9.1% against the previous month. Imports peaked at 9.7K tons in March 2022; however, from April 2022 to July 2022, imports failed to regain momentum.
In value terms, mushroom and truffle imports dropped modestly to $18M (IndexBox estimates) in July 2022. Over the period under review, imports recorded a noticeable setback. The growth pace was the most rapid in May 2022 when imports increased by 5.7% m-o-m. Over the period under review, imports hit record highs at 24K tons in January 2022; however, from February 2022 to July 2022, imports stood at a somewhat lower figure.
United Kingdom Mushroom and Truffle Imports by Country
Poland (4.4K tons), Ireland (2.9K tons) and the Netherlands (268 tons) were the main suppliers of mushroom and truffle imports to the UK, with a combined 95% share of total imports. France lagged somewhat behind, comprising a further 1.8%.
From January 2022 to July 2022, the biggest increases were in France (with a CAGR of +114.0%), while purchases for the other leaders experienced a decline.
In value terms, Poland ($9.4M), Ireland ($7M) and the Netherlands ($624K) constituted the largest mushroom and truffle suppliers to the UK, with a combined 94% share of total imports. These countries were followed by France, which accounted for a further 1.5%.
In terms of the main suppliers, France, with a CAGR of +59.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
Factors Affecting Mushrooms and Truffle Prices
Mushrooms and truffles are popular ingredients in many dishes, and their prices can fluctuate depending on how much they are in demand. The price of mushrooms and truffles also varies depending on the time of year; for example, prices are typically higher in autumn and winter when mushrooms and truffles are in season.
The most common types of mushrooms used in cooking include button mushrooms, oyster mushrooms, shiitake mushrooms, and portobello mushrooms. Truffles are a type of fungus that grows underground; they are often white or black in color. White truffles are considered to be the most valuable type of truffle.
Mushroom and truffle prices in the UK have been on the rise in recent years, due largely to increased demand from both consumers and businesses. A number of factors have contributed to this trend, including a growing awareness of the health benefits of mushrooms and truffles, as well as their culinary versatility.
Another factor that has contributed to the rising price of mushrooms and truffles is the cost of production. These foods are often grown in specialist facilities, which can be expensive to set up and maintain.
This report provides an in-depth analysis of the mushroom and truffle market in the UK. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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