Kenya: Dried Mushroom Market 2024

Dried Mushroom Market Size in Kenya

The Kenyan dried mushroom market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption saw a resilient expansion. Dried mushroom consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Dried Mushroom Production in Kenya

In value terms, dried mushroom production fell slightly to $X in 2022 estimated in export price. In general, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Dried Mushroom Exports

Exports from Kenya

In 2022, shipments abroad of dried mushrooms and truffles was finally on the rise to reach X tons after three years of decline. In general, exports posted a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried mushroom exports soared to $X in 2022. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X tons), the United States (X tons) and Germany (X kg) were the main destinations of dried mushroom exports from Kenya, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Rwanda (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for dried mushrooms and truffles exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Rwanda (X% per year).

Export Prices by Country

The average dried mushroom export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Dried Mushroom Imports

Imports into Kenya

In 2022, approx. X tons of dried mushrooms and truffles were imported into Kenya; surging by X% against 2021. In general, imports saw a significant increase. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, dried mushroom imports skyrocketed to $X in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest dried mushroom supplier to Kenya, accounting for a X% share of total imports. Moreover, dried mushroom imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Tanzania (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Tanzania (X% per year).

In value terms, China ($X), Tanzania ($X) and Italy ($X) appeared to be the largest dried mushroom suppliers to Kenya, with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dried mushroom import price amounted to $X per ton, falling by X% against the previous year. In general, the import price recorded a mild decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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