China: Dried Mushroom Market Overview 2021

Dried Mushroom Market Size in China

In 2019, the Chinese dried mushroom market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Dried Mushroom Production in China

In value terms, dried mushroom production rose slightly to $X in 2019 estimated in export prices. Overall, the total production indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Dried Mushroom Exports

Exports from China

In 2019, dried mushroom exports from China expanded notably to X tonnes, picking up by X% against 2018 figures. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the near future.

In value terms, dried mushroom exports rose notably to $X in 2019. Over the period under review, exports recorded a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

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

From 2007 to 2019, the average annual rate of growth in terms of volume to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Viet Nam (+X% per year).

In value terms, the largest markets for dried mushroom exported from China were Thailand ($X), Viet Nam ($X) and Hong Kong SAR ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Viet Nam saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average dried mushroom export price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the export price saw a slight shrinkage. The pace of growth was the most pronounced in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Hong Kong SAR ($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 Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Dried Mushroom Imports

Imports into China

In 2019, purchases abroad of mushrooms (dried) decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. In general, imports recorded a perceptible decline. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018, and then reduced markedly in the following year.

In value terms, dried mushroom imports fell notably to $X in 2019. Over the period under review, imports posted a buoyant expansion. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Viet Nam (X tonnes) was the main dried mushroom supplier to China, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Viet Nam totaled +X%.

In value terms, Viet Nam ($X) constituted the largest supplier of dried mushroom to China.

From 2007 to 2019, the average annual rate of growth in terms of value from Viet Nam totaled +X%.

Import Prices by Country

In 2019, the average dried mushroom import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Viet Nam.

From 2007 to 2019, the rate of growth in terms of prices for Viet Nam amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mushrooms (dried) in the world?

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China (747K tonnes) constituted the country with the largest volume of dried mushroom consumption, accounting for 76% of total volume. Moreover, dried mushroom consumption in China exceeded the figures recorded by the second-largest consumer, Zambia (50K tonnes), more than tenfold. Viet Nam (45K tonnes) ranked third in terms of total consumption with a 4.5% share.

What are the largest producers of mushrooms (dried) in the world?

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China (845K tonnes) constituted the country with the largest volume of dried mushroom production, accounting for 90% of total volume. Moreover, dried mushroom production in China exceeded the figures recorded by the second-largest producer, Zambia (50K tonnes), more than tenfold.

What are the leading suppliers of mushrooms (dried) to China?

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In value terms, Viet Nam ($1.5M) constituted the largest supplier of dried mushroom to China.

What are the leading importers of mushrooms (dried) from China?

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In value terms, Thailand ($240M), Viet Nam ($162M) and Hong Kong SAR ($128M) were the largest markets for dried mushroom exported from China worldwide, with a combined 68% share of total exports.

What is the average export price for mushrooms (dried) in China?

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The average dried mushroom export price stood at $7,879 per tonne in 2019, stabilizing at the previous year.

What is the average import price for mushrooms (dried) in China?

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The average dried mushroom import price stood at $5,827 per tonne in 2019, surging by 87% against the previous year.