Colombia: Mushroom And Truffle Market Overview 2021

Mushroom And Truffle Market Size in Colombia

The Colombian mushroom and truffle market expanded significantly to $X in 2020, growing by X% against the previous year. In general, consumption posted resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Mushroom And Truffle Production in Colombia

In value terms, mushroom and truffle production expanded slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Mushroom and truffle production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

In 2020, the average mushroom and truffle yield in Colombia stood at X kg per ha, remaining stable against the previous year's figure. Overall, the yield continues to indicate 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 2020, the total area harvested in terms of mushrooms and truffles production in Colombia totaled X ha, leveling off at the year before. In general, the harvested area saw a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Colombia

For the third consecutive year, Colombia recorded decline in overseas shipments of mushrooms and truffles, which decreased by -X% to X tonnes in 2020. In general, exports showed a perceptible setback. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, mushroom and truffle exports reduced modestly to $X in 2020. Overall, exports recorded a mild reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Costa Rica (X tonnes), the U.S. (X tonnes) and Panama (X tonnes) were the main destinations of mushroom and truffle exports from Colombia, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in the U.S., while shipments for the other leaders experienced a decline.

In value terms, the U.S. ($X), Costa Rica ($X) and Guatemala ($X) appeared to be the largest markets for mushroom and truffle exported from Colombia worldwide, together comprising X% of total exports.

The U.S. recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average mushroom and truffle export price amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Aruba ($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 Guatemala, while the prices for the other major destinations experienced a decline.

Mushroom And Truffle Imports

Imports into Colombia

In 2020, imports of mushrooms and truffles into Colombia soared to X tonnes, jumping by X% on the previous year's figure. Over the period under review, imports showed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are likely to continue growth in years to come.

In value terms, mushroom and truffle imports rose remarkably to $X in 2020. Overall, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are likely to see gradual growth in the near future.

Imports by Country

The U.S. (X tonnes) and Italy (X tonnes) were the main suppliers of mushroom and truffle imports to Colombia.

From 2007 to 2020, the biggest increases were in the U.S..

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

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. amounted to +X%.

Import Prices by Country

The average mushroom and truffle import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Italy totaled $X per tonne.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

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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?

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China (9.5M tonnes) constituted the country with the largest volume of mushroom and truffle production, 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 third position in this ranking was occupied by the U.S. (386K tonnes), with a 3% share.

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

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In value terms, the U.S. ($45K) constituted the largest supplier of mushroom and truffle to Colombia, comprising 86% of total imports. The second position in the ranking was occupied by Italy ($7.1K), with a 14% share of total imports.

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

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In value terms, the largest markets for mushroom and truffle exported from Colombia were the U.S. ($499K), Costa Rica ($369K) and Guatemala ($117K), together accounting for 82% of total exports.

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

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In 2020, the average mushroom and truffle export price amounted to $3,302 per tonne, flattening at the previous year.

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

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The average mushroom and truffle import price stood at $2,224 per tonne in 2020, dropping by -24.9% against the previous year.