Canada - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMushroom and Truffle Price in Canada - 2023
Contents:
- Mushroom and Truffle Price in Canada (FOB) - 2023
- Mushroom and Truffle Price in Canada (CIF) - 2023
- Mushroom and Truffle Exports in Canada
- Mushroom and Truffle Imports in Canada
Mushroom and Truffle Price in Canada (FOB) - 2023
In June 2023, the average mushroom and truffle export price amounted to $5,268 per ton, remaining relatively unchanged against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 5.5% m-o-m. As a result, the export price attained the peak level of $5,476 per ton. From November 2022 to June 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.
Mushroom and Truffle Price in Canada (CIF) - 2023
The average mushroom and truffle import price stood at $3,624 per ton in June 2023, picking up by 8.3% against the previous month. Overall, the import price, however, recorded a slight decrease. The import price peaked at $4,128 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($4,566 per ton), while the price for China ($2,213 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Mushroom and Truffle Exports in Canada
For the fourth consecutive year, Canada recorded growth in overseas shipments of mushrooms and truffles, which increased by 5.4% to 66K tons in 2022. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 9.9%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, mushroom and truffle exports expanded sharply to $336M in 2022. The total export value increased at an average annual rate of +11.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Mushroom and Truffle in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 229 | 261 | 298 | 330 | 13.0% |
| Others | 12.2 | 8.3 | 7.7 | 5.6 | -22.9% |
| Total | 242 | 269 | 306 | 336 | 11.6% |
Top Export Markets for Mushroom and Truffle from Canada in 2022:
- United States (65.8K tons)
Mushroom and Truffle Imports in Canada
In 2022, overseas purchases of mushrooms and truffles decreased by -20.9% to 8.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 1.1%. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, mushroom and truffle imports dropped significantly to $32M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 1.2%.
| Import of Mushroom and Truffle in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.3 | 29.6 | 28.7 | 25.1 | -5.0% |
| China | 2.3 | 2.5 | 3.8 | 4.1 | 21.3% |
| South Korea | 6.5 | 6.0 | 4.6 | 1.8 | -34.8% |
| Others | 2.1 | 1.1 | 2.6 | 0.9 | -24.6% |
| Total | 40.2 | 39.2 | 39.7 | 32.0 | -7.3% |
Top Suppliers of Mushroom and Truffle to Canada in 2022:
- United States (5.3K tons)
- China (1.9K tons)
- South Korea (0.7K tons)
This report provides an in-depth analysis of the mushroom and truffle market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
- COUNTRIES WITH TOP YIELDS
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 Of Origin, 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, By Country Of Destination, 2012–2023
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The Mushroom And Truffle industry experienced its fastest growth rate in March 2023, with a month-to-month increase of 13%. However, the value of mushroom and truffle exports saw a modest decline to $27M in June 2023.
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In value terms, prepared mushrooms and truffles imports amounted to $X in 2016. Overall, prepared mushrooms and truffles imports continue to indicate a temperate curtailment. Global prepared mushro...
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Fragrant and nourishing, mushrooms have long ago won consumers' hearts all over the world. While European customers prefer mushroom pates and pastes, Asians tend to opt for a mind-boggling variety of snacks and even beverages and jellies made from mush
