Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia - 2024
Contents:
- Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia (CIF) - 2024
- Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia (FOB) - 2024
- Imports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia
- Exports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia
Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia (CIF) - 2024
The average import price for mushrooms and truffles, other than of the genus "agaricus" stood at $2,840 per ton in January 2024, picking up by 63% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 67% month-to-month. Over the period under review, average import prices reached the peak figure in January 2024.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was South Korea ($3,529 per ton), while the price for China totaled $2,725 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia (FOB) - 2024
In January 2024, the average export price for mushrooms and truffles, other than of the genus "agaricus" amounted to $1,960 per ton, reducing by -2.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 36% against the previous month. As a result, the export price reached the peak level of $2,307 per ton. From December 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In January 2024, the highest price was recorded for prices to Taiwan (Chinese) ($2,632 per ton) and Indonesia ($2,543 per ton), while the average price for exports to Singapore ($1,842 per ton) and Vietnam ($2,174 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia
In 2022, approx. 2.3K tons of mushrooms and truffles, other than of the genus "agaricus" were imported into Malaysia; jumping by 16% against the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Over the period under review, imports of mushrooms and truffles, other than of genus "agaricus" hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of mushrooms and truffles, other than of the genus "agaricus" expanded markedly to $5M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 3.5 | 3.2 | 3.4 | 8.0% |
| South Korea | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Thailand | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Total | 4.0 | 4.8 | 4.7 | 5.0 | 7.7% |
Top Suppliers of Mushrooms and Truffles, Other than of the Genus "Agaricus" to Malaysia in 2022:
- China (1590.7 tons)
- Thailand (382.6 tons)
- South Korea (291.7 tons)
Exports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia
For the third consecutive year, Malaysia recorded decline in shipments abroad of mushrooms and truffles, other than of the genus "agaricus", which decreased by -5.2% to 1.3K tons in 2022. In general, exports saw a abrupt descent. The smallest decline of -2.4% was in 2021.
In value terms, exports of mushrooms and truffles, other than of the genus "agaricus" shrank dramatically to $2.2M in 2022. Overall, exports faced a deep downturn. The smallest decline of -3.6% was in 2020.
| Export of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2,989 | 3,018 | 2,776 | 1,581 | -19.1% |
| Thailand | 141 | 91.0 | 99.3 | 204 | 13.1% |
| Vietnam | 275 | 172 | 126 | 181 | -13.0% |
| Taiwan (Chinese) | 51.3 | 48.4 | 57.3 | 132 | 37.0% |
| Indonesia | 199 | 124 | 20.0 | 80.3 | -26.1% |
| Brunei Darussalam | 4.2 | 76.7 | 32.5 | 51.4 | 130.4% |
| Hong Kong SAR | 151 | 144 | 88.8 | 8.1 | -62.3% |
| Others | 2.0 | 0.2 | 0.4 | 2.5 | 7.7% |
| Total | 3,812 | 3,674 | 3,200 | 2,240 | -16.2% |
Top Export Markets for Mushrooms and Truffles, Other than of the Genus "Agaricus" from Malaysia in 2022:
- Singapore (1082.2 tons)
- Brunei Darussalam (92.3 tons)
- Thailand (67.1 tons)
- Taiwan (Chinese) (47.0 tons)
- Indonesia (27.4 tons)
- Vietnam (25.3 tons)
- Hong Kong SAR (0.9 tons)
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