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China - Mushrooms and Truffles - Market Analysis, Forecast, Size, Trends and Insights
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China: Mushroom and Truffle Market Overview 2021

Mushroom and Truffle Market Size in China

In 2020, the Chinese mushroom and truffle market was finally on the rise to reach $X after four years of decline. Over the period under review, the total consumption indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Mushroom and truffle consumption peaked at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Mushroom and Truffle Production in China

In value terms, mushroom and truffle production stood at $X in 2020 estimated in export prices. Over the period under review, the total production indicated noticeable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2014 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Mushroom and truffle production peaked at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

In 2020, the average yield of mushrooms and truffles in China rose modestly to X tonnes per ha, picking up by X% compared with 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the average mushroom and truffle yield hit record highs in 2020 and is likely to see gradual growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of mushrooms and truffles production in China expanded slightly to X ha, with an increase of X% compared with the previous year's figure. in general, the total harvested area indicated a temperate expansion from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, mushroom and truffle harvested area increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2012 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to mushroom and truffle production reached the peak figure in 2020 and is likely to see steady growth in years to come.

Mushroom and Truffle Exports

Exports from China

In 2020, shipments abroad of mushrooms and truffles decreased by -X% to X tonnes for the first time since 2009, thus ending a ten-year rising trend. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then declined in the following year.

In value terms, mushroom and truffle exports rose remarkably to $X in 2020. in general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

Thailand (X tonnes) was the main destination for mushroom and truffle exports from China, accounting for a X% share of total exports. Moreover, mushroom and truffle exports to Thailand exceeded the volume sent to the second major destination, Viet Nam (X tonnes), threefold. Malaysia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Thailand amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Malaysia (+X% per year).

In value terms, Viet Nam ($X) emerged as the key foreign market for mushroom and truffle exports from China, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Viet Nam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Japan (-X% per year).

Export Prices by Country

In 2020, the average mushroom and truffle export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Mushroom and Truffle Imports

Imports into China

In 2020, overseas purchases of mushrooms and truffles decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. in general, imports recorded a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, mushroom and truffle imports shrank sharply to $X in 2020. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, South Korea (X tonnes) constituted the largest mushroom and truffle supplier to China, with a X% share of total imports. Moreover, mushroom and truffle imports from South Korea exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), sixfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from South Korea was relatively modest.

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

From 2007 to 2020, the average annual growth rate of value from South Korea totaled +X%.

Import Prices by Country

In 2020, the average mushroom and truffle import price amounted to $X per tonne, rising by X% against the previous year. in general, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. in 2020, the country with the highest price was South Korea ($X per tonne), while the price for Belgium stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mushrooms and truffles in the world?
+
The country with the largest volume of mushroom and truffle consumption was China (9.4M tonnes), comprising approx. 74% of total volume. Moreover, mushroom and truffle consumption in China exceeded the figures recorded by the second-largest consumer, Japan (480K tonnes), more than tenfold. The U.S. (458K tonnes) ranked third in terms of total consumption with a 3.6% share.
What are the largest producers of mushrooms and truffles in the world?
+
The country with the largest volume of mushroom and truffle production was China (9.5M tonnes), accounting for 75% of total volume. Moreover, mushroom and truffle production in China exceeded the figures recorded by the second-largest producer, Japan (473K tonnes), more than tenfold. The U.S. (386K tonnes) ranked third in terms of total production with a 3% share.
What are the leading suppliers of mushrooms and truffles to China?
+
In value terms, South Korea ($46K) constituted the largest supplier of mushroom and truffle to China, comprising 96% of total imports. The second position in the ranking was occupied by Belgium ($1.7K), with a 3.6% share of total imports.
What are the leading importers of mushrooms and truffles from China?
+
In value terms, Viet Nam ($94M) emerged as the key foreign market for mushroom and truffle exports from China, comprising 36% of total exports. The second position in the ranking was occupied by Thailand ($42M), with a 16% share of total exports. It was followed by Japan, with a 14% share.
What is the average export price for mushrooms and truffles in China?
+
The average mushroom and truffle export price stood at $2,336 per tonne in 2020, rising by 26% against the previous year.
What is the average import price for mushrooms and truffles in China?
+
In 2020, the average mushroom and truffle import price amounted to $3,515 per tonne, jumping by 84% against the previous year.

Product coverage:
• FCL 449 - Mushrooms

This report provides an in-depth analysis of the mushroom and truffle market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption in 2007–2020
Table 5:
Imports, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Value Terms, by Country, 2007–2020
Table 7:
Import Prices, by Country of Origin, 2007–2020
Table 8:
Exports, in Physical Terms, by Country, 2007–2020
Table 9:
Exports, in Value Terms, by Country, 2007–2020
Table 10:
Export Prices, by Country of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, in Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, in Value Terms, 2007–2020
Figure 5:
Trade Balance, in Physical Terms, 2007–2020
Figure 6:
Trade Balance, in Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast to 2030
Figure 9:
Products: Market Size and Growth, by Type
Figure 10:
Products: Average Per Capita Consumption, by Type
Figure 11:
Products: Exports and Growth, by Type
Figure 12:
Products: Export Prices and Growth, by Type
Figure 13:
Production Volume and Growth
Figure 14:
Yield and Growth
Figure 15:
Exports and Growth
Figure 16:
Export Prices and Growth
Figure 17:
Market Size and Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports and Growth
Figure 20:
Import Prices
Figure 21:
Production, in Physical Terms, 2007–2020
Figure 22:
Production, in Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, in Physical Terms, 2007–2020
Figure 26:
Imports, in Value Terms, 2007–2020
Figure 27:
Imports, in Physical Terms, by Country, 2020
Figure 28:
Imports, in Physical Terms, by Country, 2007–2020
Figure 29:
Imports, in Value Terms, by Country, 2007–2020
Figure 30:
Import Prices, by Country of Origin, 2007–2020
Figure 31:
Exports, in Physical Terms, 2007–2020
Figure 32:
Exports, in Value Terms, 2007–2020
Figure 33:
Exports, in Physical Terms, by Country, 2020
Figure 34:
Exports, in Physical Terms, by Country, 2007–2020
Figure 35:
Exports, in Value Terms, by Country, 2007–2020
Figure 36:
Export Prices, by Country of Destination, 2007–2020
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