MENA: Dried Mushroom Market 2024

Dried Mushroom Market Size in MENA

The MENA's dried mushroom market declined modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a notable 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, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Dried Mushroom Production in MENA

In value terms, dried mushroom production reduced to $X in 2022 estimated in export price. The total production indicated a perceptible 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 was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Dried Mushroom Exports

Exports in MENA

In 2022, shipments abroad of dried mushrooms and truffles increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried mushroom exports fell remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the major exporter of dried mushrooms and truffles, mixing up X% of total exports. Turkey (X tons) ranks second in terms of the total exports with a X% share, followed by Iran (X%). Lebanon (X tons), Syrian Arab Republic (X tons) and Israel (X tons) took a relatively small share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Lebanon (X%), Iran (X%), Turkey (X%) and Syrian Arab Republic (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Iran (X p.p.), Turkey (X p.p.) and Lebanon (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest dried mushroom supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, dried mushroom exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iran (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, dropping by X% against the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Dried Mushroom Imports

Imports in MENA

In 2022, the amount of dried mushrooms and truffles imported in MENA shrank to X tons, with a decrease of X% on the previous year. Overall, imports saw a noticeable decrease. The growth pace was the most rapid in 2019 with an increase of X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, dried mushroom imports declined to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia was the key importer of dried mushrooms and truffles in MENA, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%), Bahrain (X%) and Israel (X%). Kuwait (X tons), Turkey (X tons), Qatar (X tons), Iraq (X tons), Oman (X tons) and Jordan (X tons) followed a long way behind the leaders.

Imports into Saudi Arabia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Bahrain (X%), Iraq (X%), Jordan (X%), the United Arab Emirates (X%) and Oman (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Qatar (X%), Israel (X%), Turkey (X%) and Kuwait (X%) illustrated a downward trend over the same period. Morocco (X p.p.), the United Arab Emirates (X p.p.), Bahrain (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey, Saudi Arabia and Kuwait saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Israel ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Morocco, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then fell in the following year.

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

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

Source: IndexBox Platform

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