Mexico - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Mexico - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights

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Mushroom and Truffle Price in Mexico - 2023

Contents:

  1. Mushroom and Truffle Price in Mexico (FOB) - 2023
  2. Mushroom and Truffle Price in Mexico (CIF) - 2022
  3. Mushroom and Truffle Exports in Mexico
  4. Mushroom and Truffle Imports in Mexico

Mushroom and Truffle Price in Mexico (FOB) - 2023

The average mushroom and truffle export price stood at $3,501 per ton in August 2023, remaining stable against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in April 2023 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,554 per ton in July 2023, and then shrank slightly in the following month.

As there is only one major export destination, the average price level is determined by prices for the United States.

From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +1.2% per month.

Mushroom and Truffle Price in Mexico (CIF) - 2022

The average mushroom and truffle import price stood at $653K per ton in November 2022, almost unchanged from the previous month. Over the period under review, the import price showed a perceptible setback. As a result, import price reached the peak level of $986K per ton. From January 2022 to November 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From December 2021 to November 2022, the rate of growth in terms of prices for Spain amounted to -2.0% per month.

Mushroom and Truffle Exports in Mexico

In 2022, overseas shipments of mushrooms and truffles decreased by -11.3% to 9.5K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, the exports attained the peak of 11K tons, and then reduced in the following year.

In value terms, mushroom and truffle exports rose remarkably to $29M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Mushroom and Truffle in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.518.824.229.126.1%
Guatemala1.00.80.9N/A-5.1%
Others0.50.40.30.1-41.5%
Total15.920.025.429.222.5%

Top Export Markets for Mushroom and Truffle from Mexico in 2022:

  1. United States (9.4K tons)

Mushroom and Truffle Imports in Mexico

In 2022, purchases abroad of mushrooms and truffles decreased by -98.5% to 2.9 tons, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 252%. As a result, imports attained the peak of 263 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mushroom and truffle imports contracted notably to $284K in 2022. Overall, imports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 9.3%. As a result, imports attained the peak of $638K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Mushroom and Truffle in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain94.086.514026140.6%
Italy18819637.123.5-50.0%
United States24.192.658.6N/A55.9%
Others278263393N/A18.9%
Total584638629284-21.4%

Top Suppliers of Mushroom and Truffle to Mexico in 2022:

  1. Spain (2.7 tons)
  2. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mushroom and truffle market in Mexico. 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:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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