Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines - 2023

Contents:

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

Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines (CIF) - 2022

The average import price for mushrooms and truffles, other than of the genus "agaricus" stood at $4,920 per ton in 2022, which is down by -25.1% against the previous year. Overall, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 88%. Over the period under review, average import prices hit record highs at $6,569 per ton in 2021, and then dropped significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($4,920 per ton), while the price for China amounted to $4,920 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.1%).

Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines (FOB) - 2022

In 2022, the average export price for mushrooms and truffles, other than of the genus "agaricus" amounted to $6,611 per ton, with a decrease of -99.4% against the previous year. In general, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of 22,998%. As a result, the export price attained the peak level of $1,106,500 per ton, and then shrank notably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to -8.5% per year.

Imports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines

In 2022, the amount of mushrooms and truffles, other than of the genus "agaricus" imported into the Philippines declined remarkably to 152 tons, with a decrease of -59.4% compared with 2021. In general, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 19%.

In value terms, imports of mushrooms and truffles, other than of the genus "agaricus" reduced sharply to $747K in 2022. Overall, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year.

Import of Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,2361,4852,183696-32.2%
South Korea11313110646.4-25.7%
Others1361021674.6-67.7%
Total2,4841,7182,455747-33.0%

Top Suppliers of Mushrooms and Truffles, Other than of the Genus "Agaricus" to the Philippines in 2022:

  1. China (141.5 tons)
  2. South Korea (9.4 tons)

Exports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines

In 2022, the amount of mushrooms and truffles, other than of the genus "agaricus" exported from the Philippines surged to 95 kg, rising by 4,650% against the previous year's figure. In general, exports, however, showed a sharp contraction.

In value terms, exports of mushrooms and truffles, other than of the genus "agaricus" declined dramatically to $628 in 2022. Over the period under review, exports, however, recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 125%. As a result, the exports attained the peak of $5K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Mushrooms and Truffles, Other than of the Genus "Agaricus" in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A0.60%
United KingdomN/A4.7N/AN/A0%
Kuwait0.30.2N/AN/A-33.3%
SingaporeN/AN/AN/AN/A0%
Bahrain1.9N/AN/AN/A0%
OthersN/A0.12.2N/A2100.0%
Total2.25.02.20.6-35.2%

Top Export Markets for Mushrooms and Truffles, Other than of the Genus "Agaricus" from the Philippines in 2022:

  1. United States (95.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables; mushrooms other than of the genus Agaricus, fresh or chilled - Philippines