Saudi Arabia: Mushroom And Truffle Market Overview 2021

Mushroom And Truffle Market Size in Saudi Arabia

In 2019, the Saudi mushroom and truffle market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a prominent increase. The growth pace was the most rapid in 2015 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the market remained at a lower figure.

Mushroom And Truffle Production in Saudi Arabia

In value terms, mushroom and truffle production soared to $X in 2019 estimated in export prices. Over the period under review, production enjoyed significant growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2019, production growth failed to regain the momentum.

The average yield of mushrooms and truffles in Saudi Arabia was estimated at X kg per ha in 2019, remaining stable against 2018 figures. Over the period under review, 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 harvested area of mushrooms and truffles in Saudi Arabia totaled X ha, flattening at 2018. Overall, the harvested area showed a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Saudi Arabia

In 2019, overseas shipments of mushrooms and truffles increased by X% to X tonnes, rising for the second year in a row after two years of decline. In general, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, mushroom and truffle exports reduced to $X in 2019. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports remained at a lower figure.

Exports by Country

Bahrain (X tonnes) was the main destination for mushroom and truffle exports from Saudi Arabia, with a X% share of total exports. Moreover, mushroom and truffle exports to Bahrain exceeded the volume sent to the second major destination, Qatar (X tonnes), sevenfold.

From 2007 to 2019, the average annual growth rate of volume to Bahrain amounted to +X%.

In value terms, the largest markets for mushroom and truffle exported from Saudi Arabia were Bahrain ($X) and Qatar ($X), together accounting for X% of total exports.

Bahrain saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average mushroom and truffle export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2013 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 Qatar ($X per tonne), while the average price for exports to Bahrain stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Qatar.

Mushroom And Truffle Imports

Imports into Saudi Arabia

In 2019, overseas purchases of mushrooms and truffles increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, mushroom and truffle imports surged to $X in 2019. Over the period under review, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in years to come.

Imports by Country

The Netherlands (X tonnes), Oman (X tonnes) and Syrian Arab Republic (X tonnes) were the main suppliers of mushroom and truffle imports to Saudi Arabia, with a combined X% share of total imports. Morocco, Turkey and Algeria lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mushroom and truffle suppliers to Saudi Arabia were the Netherlands ($X), Oman ($X) and Morocco ($X), with a combined X% share of total imports. Algeria, Syrian Arab Republic and Turkey lagged somewhat behind, together accounting for a further X (+X% per year) saw 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

The average mushroom and truffle import price stood at $X per tonne in 2019, reducing by -X% against the previous year. Overall, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 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 Algeria ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Oman, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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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?

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China (8.9M tonnes) remains the largest mushroom and truffle producing country worldwide, accounting for 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 Saudi Arabia?

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In value terms, the largest mushroom and truffle suppliers to Saudi Arabia were the Netherlands ($5.1M), Oman ($3.1M) and Morocco ($853K), with a combined 70% share of total imports. These countries were followed by Algeria, Syrian Arab Republic and Turkey, which together accounted for a further 11%.

What are the leading importers of mushrooms and truffles from Saudi Arabia?

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In value terms, Bahrain ($506K) and Qatar ($384K) constituted the largest markets for mushroom and truffle exported from Saudi Arabia worldwide, with a combined 98% share of total exports.

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

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In 2019, the average mushroom and truffle export price amounted to $3,440 per tonne, which is down by -13.9% against the previous year.

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

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The average mushroom and truffle import price stood at $5,319 per tonne in 2019, waning by -5% against the previous year.