Bulgaria: Mushroom And Truffle Market Overview 2021

Mushroom And Truffle Market Size in Bulgaria

The Bulgarian mushroom and truffle market rose sharply to $X in 2019, growing by X% against the previous year. Over the period under review, consumption saw resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Mushroom And Truffle Production in Bulgaria

In value terms, mushroom and truffle production dropped dramatically to $X in 2019 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

In 2019, the average yield of mushrooms and truffles in Bulgaria contracted rapidly to X kg per ha, falling by -X% compared with the previous year. In general, the yield showed a relatively flat trend pattern. The mushroom and truffle yield peaked at X tonnes per ha in 2018, and then reduced markedly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of mushrooms and truffles were harvested in Bulgaria; declining by -X% against the previous year. Overall, the harvested area continues to indicate a relatively flat trend pattern. Over the period under review, the harvested area dedicated to mushroom and truffle production attained the peak figure at X ha in 2018, and then declined remarkably in the following year.

Mushroom And Truffle Exports

Exports from Bulgaria

In 2019, the amount of mushrooms and truffles exported from Bulgaria declined notably to X tonnes, shrinking by -X% against the previous year's figure. In general, exports, however, enjoyed slight growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, mushroom and truffle exports shrank markedly to $X in 2019. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2018, and then dropped significantly in the following year.

Exports by Country

Italy (X tonnes), Austria (X tonnes) and Germany (X tonnes) were the main destinations of mushroom and truffle exports from Bulgaria, together accounting for X% of total exports. France, Romania, the Netherlands and Belgium lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in the Netherlands, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for mushroom and truffle exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average mushroom and truffle export price stood at $X per tonne in 2019, approximately equating the previous year. In general, the export price, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne, leveling off in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Mushroom And Truffle Imports

Imports into Bulgaria

In 2019, approx. X tonnes of mushrooms and truffles were imported into Bulgaria; falling by -X% on the year before. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, mushroom and truffle imports stood at $X in 2019. Over the period under review, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Poland (X tonnes) was the main supplier of mushroom and truffle to Bulgaria, with a X% share of total imports. Moreover, mushroom and truffle imports from Poland exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Poland stood at +X%.

In value terms, Poland ($X) constituted the largest supplier of mushroom and truffle to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Poland totaled +X%.

Import Prices by Country

The average mushroom and truffle import price stood at $X per tonne in 2019, surging by X% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($X per tonne), while the price for Poland amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mushrooms and truffles in the world?

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China (8.8M tonnes) remains the largest mushroom and truffle consuming country worldwide, accounting for 74% of total volume. Moreover, mushroom and truffle consumption in China exceeded the figures recorded by the second-largest consumer, Japan (478K tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (456K tonnes), with a 3.8% share.

What are the largest producers of mushrooms and truffles in the world?

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China (8.9M tonnes) remains the largest mushroom and truffle producing country worldwide, comprising approx. 75% of total volume. Moreover, mushroom and truffle production in China exceeded the figures recorded by the second-largest producer, Japan (470K tonnes), more than tenfold. The third position in this ranking was occupied by the U.S. (384K tonnes), with a 3.2% share.

What are the leading suppliers of mushrooms and truffles to Bulgaria?

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In value terms, Poland ($6.9M) constituted the largest supplier of mushroom and truffle to Bulgaria, comprising 84% of total imports. The second position in the ranking was occupied by Turkey ($635K), with a 7.8% share of total imports.

What are the leading importers of mushrooms and truffles from Bulgaria?

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In value terms, Italy ($14M) remains the key foreign market for mushroom and truffle exports from Bulgaria, comprising 53% of total exports. The second position in the ranking was occupied by Austria ($2.6M), with a 9.9% share of total exports. It was followed by Germany, with a 7.9% share.

What is the average export price for mushrooms and truffles in Bulgaria?

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The average mushroom and truffle export price stood at $15,479 per tonne in 2019, remaining constant against the previous year.

What is the average import price for mushrooms and truffles in Bulgaria?

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In 2019, the average mushroom and truffle import price amounted to $1,432 per tonne, surging by 13% against the previous year.