Price for Mushrooms and Truffles of the Genus "Agaricus" in Hong Kong SAR - 2023

Contents:

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

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

In 2022, the average export price for mushrooms and truffles of the genus "agaricus" amounted to $1,794 per ton, waning by -16.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 173% against the previous year. As a result, the export price reached the peak level of $3,725 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($14,822 per ton), while the average price for exports to South Africa ($518 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 Macao SAR (+22.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Mushrooms and Truffles of the Genus "Agaricus" in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for mushrooms and truffles of the genus "agaricus" amounted to $5,298 per ton, with a decrease of -15.3% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2017 an increase of 486% against the previous year. As a result, import price attained the peak level of $27,244 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -12.2% per year.

Exports of Mushrooms and Truffles of the Genus "Agaricus" in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in shipments abroad of mushrooms and truffles of the genus "agaricus", when their volume decreased by -89.4% to 5.6 tons. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,697% against the previous year. As a result, the exports reached the peak of 53 tons, and then dropped notably in the following year.

In value terms, exports of mushrooms and truffles of the genus "agaricus" fell remarkably to $10K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,270% against the previous year. As a result, the exports attained the peak of $112K, and then fell remarkably in the following year.

Export of Mushrooms and Truffles of the Genus "Agaricus" in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/A2.71095.947.8%
Trinidad and TobagoN/AN/AN/A2.80%
South AfricaN/A0.10.70.10.0%
Brunei DarussalamN/A3.4N/AN/A0%
Others1.41.92.31.2-5.0%
Total1.48.211210.092.6%

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

  1. Malaysia (3.0 tons)
  2. Trinidad and Tobago (2.3 tons)
  3. South Africa (0.2 tons)

Imports of Mushrooms and Truffles of the Genus "Agaricus" in Hong Kong SAR

In 2022, approx. 1.5 tons of mushrooms and truffles of the genus "agaricus" were imported into Hong Kong SAR; reducing by -7.8% on the previous year. Overall, imports saw a precipitous slump. The smallest decline of -3.7% was in 2020.

In value terms, imports of mushrooms and truffles of the genus "agaricus" dropped significantly to $7.7K in 2022. In general, imports faced a sharp slump.

Import of Mushrooms and Truffles of the Genus "Agaricus" in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan74.539.39.97.7-53.1%
OthersN/AN/AN/AN/A0%
Total74.539.39.97.7-53.1%

Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to Hong Kong SAR in 2022:

  1. Japan (1.5 tons)

Source: IndexBox Market Intelligence Platform

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