Latin America and the Caribbean: Dried Mushroom Market 2024

Dried Mushroom Market Size in Latin America and the Caribbean

After two years of growth, the Latin American dried mushroom market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Dried Mushroom Production in Latin America and the Caribbean

In value terms, dried mushroom production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Dried Mushroom Exports

Exports in Latin America and the Caribbean

In 2022, the amount of dried mushrooms and truffles exported in Latin America and the Caribbean shrank to X tons, dropping by X% compared with the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried mushroom exports reduced to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Peru prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Chile (X tons), achieving a X% share of total exports. Ecuador (X tons) took a little share of total exports.

Peru was also the fastest-growing in terms of the dried mushrooms and truffles exports, with a CAGR of X% from 2012 to 2022. At the same time, Ecuador (X%) displayed positive paces of growth. By contrast, Chile (X%) illustrated a downward trend over the same period. Peru (X p.p.) and Ecuador (X p.p.) significantly strengthened its position in terms of the total exports, while Chile saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Peru ($X) remains the largest dried mushroom supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Peru amounted to X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

Dried Mushroom Imports

Imports in Latin America and the Caribbean

In 2022, the amount of dried mushrooms and truffles imported in Latin America and the Caribbean contracted sharply to X tons, which is down by X% on the year before. In general, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, dried mushroom imports dropped rapidly to $X in 2022. Overall, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Argentina (X tons), Peru (X tons), Chile (X tons) and Panama (X tons) were the key importers of dried mushrooms and truffles, together creating X% of total imports. The following importers - Guatemala (X tons), Colombia (X tons), Belize (X tons), Barbados (X tons), Mexico (X tons), the Dominican Republic (X tons), Aruba (X tons) and Uruguay (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dried mushroom importing markets in Latin America and the Caribbean were Brazil ($X), Argentina ($X) and Peru ($X), with a combined X% share of total imports. Chile, Colombia, the Dominican Republic, Mexico, Guatemala, Panama, Uruguay, Barbados, Aruba and Belize lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Barbados, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while Belize ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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