Price for Mushrooms and Truffles of the Genus "Agaricus" in Estonia - 2023

Contents:

  1. Price for Mushrooms and Truffles of the Genus "Agaricus" in Estonia (CIF) - 2023
  2. Price for Mushrooms and Truffles of the Genus "Agaricus" in Estonia (FOB) - 2022
  3. Imports of Mushrooms and Truffles of the Genus "Agaricus" in Estonia
  4. Exports of Mushrooms and Truffles of the Genus "Agaricus" in Estonia

Price for Mushrooms and Truffles of the Genus "Agaricus" in Estonia (CIF) - 2023

The average import price for mushrooms and truffles of the genus "agaricus" stood at $2,586 per ton in September 2023, approximately equating the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in April 2023 an increase of 10% against the previous month. Over the period under review, average import prices attained the maximum at $2,631 per ton in May 2023; afterwards, it flattened through to September 2023.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($2,872 per ton), while the price for Poland ($2,293 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mushrooms and Truffles of the Genus "Agaricus" in Estonia (FOB) - 2022

In 2022, the average export price for mushrooms and truffles of the genus "agaricus" amounted to $2,776 per ton, waning by -15.6% against the previous year. In general, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in 2018 an increase of 222%. As a result, the export price reached the peak level of $8,653 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($3,554 per ton), while the average price for exports to Finland ($2,684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mushrooms and Truffles of the Genus "Agaricus" in Estonia

Imports of mushrooms and truffles of the genus "agaricus" into Estonia surged to 776 tons in 2022, rising by 30% against the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of mushrooms and truffles of genus "agaricus" hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of mushrooms and truffles of the genus "agaricus" skyrocketed to $1.6M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Mushrooms and Truffles of the Genus "Agaricus" in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania855844788793-2.5%
Poland1155.538665878.9%
Latvia4.917.713.9144208.6%
Others7.89.48.410.19.0%
Total9838771,1961,60517.8%

Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to Estonia in 2022:

  1. Lithuania (356.0 tons)
  2. Poland (355.9 tons)
  3. Latvia (61.8 tons)

Exports of Mushrooms and Truffles of the Genus "Agaricus" in Estonia

Exports of mushrooms and truffles of the genus "agaricus" from Estonia fell to 6.7 tons in 2022, shrinking by -7.3% against 2021. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. As a result, the exports reached the peak of 7.2 tons, and then fell in the following year.

In value terms, exports of mushrooms and truffles of the genus "agaricus" reduced rapidly to $19K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +43.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 84%. As a result, the exports reached the peak of $24K, and then fell notably in the following year.

Export of Mushrooms and Truffles of the Genus "Agaricus" in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland12.911.119.115.56.3%
LatviaN/AN/A1.11.863.6%
Norway1.21.20.91.20.0%
RussiaN/AN/A1.5N/A0%
DenmarkN/A0.70.6N/A-14.3%
OthersN/AN/A0.30.1-66.7%
Total14.112.923.618.59.5%

Top Export Markets for Mushrooms and Truffles of the Genus "Agaricus" from Estonia in 2022:

  1. Finland (5.8 tons)
  2. Latvia (0.5 tons)
  3. Norway (0.4 tons)

Source: IndexBox Market Intelligence Platform

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