Colombia: Mushroom And Truffle Market Overview 2021

Mushroom And Truffle Market Size in Colombia

The Colombian mushroom and truffle market soared to $X in 2019, surging by X% against the previous year. Over the period under review, consumption saw buoyant growth. The pace of growth was the most pronounced in 2012 when the market value increased by X% year-to-year. Mushroom and truffle consumption peaked in 2019 and is expected to retain growth in the immediate term.

Mushroom And Truffle Production in Colombia

In value terms, mushroom and truffle production shrank significantly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X% year-to-year. Mushroom and truffle production peaked at $X in 2018, and then contracted significantly in the following year.

In 2019, the average yield of mushrooms and truffles in Colombia was estimated at X kg per ha, standing approx. at the previous year. Overall, 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 2019, the total area harvested in terms of mushrooms and truffles production in Colombia totaled X ha, remaining constant against the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Colombia

Mushroom and truffle exports from Colombia declined sharply to X tonnes in 2019, with a decrease of -X% compared with the year before. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, mushroom and truffle exports fell sharply to $X in 2019. Over the period under review, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X tonnes) was the main destination for mushroom and truffle exports from Colombia, with a X% share of total exports. Moreover, mushroom and truffle exports to Costa Rica exceeded the volume sent to the second major destination, Guatemala (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Costa Rica was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-X% per year) and the U.S. (+X% per year).

In value terms, the largest markets for mushroom and truffle exported from Colombia were Costa Rica ($X), the U.S. ($X) and Guatemala ($X), together comprising X% of total exports. Panama and Canada lagged somewhat behind, together accounting for a further X the main countries of destination, Canada recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2019, the average mushroom and truffle export price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to Guatemala ($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 Canada, while the prices for the other major destinations experienced a decline.

Mushroom And Truffle Imports

Imports into Colombia

In 2019, imports of mushrooms and truffles into Colombia skyrocketed to X tonnes, picking up by X% compared with the previous year. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, mushroom and truffle imports surged to $X in 2019. In general, imports saw buoyant growth. The pace of growth appeared the most rapid in 2012 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports remained at a lower figure.

Imports by Country

The U.S. (X tonnes) and Italy (X kg) were the main suppliers of mushroom and truffle imports to Colombia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by 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 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%.

Import Prices by Country

The average mushroom and truffle import price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Italy stood at $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

+

China (8.8M tonnes) constituted the country with the largest volume of mushroom and truffle consumption, comprising approx. 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?

+

China (8.9M tonnes) constituted the country with the largest volume of mushroom and truffle production, 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 Colombia?

+

In value terms, the U.S. ($6.4K) constituted the largest supplier of mushroom and truffle to Colombia, comprising 66% of total imports. The second position in the ranking was occupied by Italy ($1.1K), with a 11% share of total imports.

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

+

In value terms, Costa Rica ($484K), the U.S. ($299K) and Guatemala ($155K) appeared to be the largest markets for mushroom and truffle exported from Colombia worldwide, with a combined 74% share of total exports. These countries were followed by Panama and Canada, which together accounted for a further 20%.

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

+

In 2019, the average mushroom and truffle export price amounted to $3,114 per tonne, shrinking by -19.4% against the previous year.

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

+

The average mushroom and truffle import price stood at $4,985 per tonne in 2019, surging by 18% against the previous year.