Algeria: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in Algeria

In 2022, the Algerian mushroom and truffle market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption enjoyed a prominent expansion. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Mushroom And Truffle Production in Algeria

In value terms, mushroom and truffle production amounted to $X in 2022 estimated in export price. Overall, production showed a prominent expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average mushroom and truffle yield in Algeria totaled less than X kg per ha, leveling off at the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of mushrooms and truffles in Algeria stood at less than X ha, approximately equating the previous year's figure. In general, the harvested area showed a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Algeria

In 2022, after two years of growth, there was significant decline in shipments abroad of mushrooms and truffles, when their volume decreased by X% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mushroom and truffle exports reduced to $X in 2022. Over the period under review, exports, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons), Syrian Arab Republic (X tons) and Lebanon (X tons) were the main destinations of mushroom and truffle exports from Algeria, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Qatar ($X) and Lebanon ($X) appeared to be the largest markets for mushroom and truffle exported from Algeria worldwide, together comprising X% of total exports.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mushroom and truffle export price amounted to $X per ton, almost unchanged from the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mushroom and truffle export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Spain ($X 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 Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mushroom And Truffle Imports

Imports into Algeria

In 2022, after three years of growth, there was significant decline in supplies from abroad of mushrooms and truffles, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, mushroom and truffle imports dropped remarkably to $X in 2022. Overall, imports showed a perceptible slump. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons), China (X tons) and Tunisia (X tons) were the main suppliers of mushroom and truffle imports to Algeria, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest mushroom and truffle suppliers to Algeria were China ($X), Spain ($X) and Tunisia ($X), with a combined X% share of total imports.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate modest growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform