South Africa: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in South Africa

In 2023, the South African mushroom and truffle market decreased by X% to $X for the first time since 2015, thus ending a seven-year rising trend. In general, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2022, and then contracted slightly in the following year.

Mushroom And Truffle Production in South Africa

In value terms, mushroom and truffle production expanded to $X in 2023 estimated in export price. Overall, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Mushroom and truffle production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

In 2023, the average mushroom and truffle yield in South Africa stood at less than X kg per ha, almost unchanged from the previous year's figure. Over the period under review, the yield showed 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 2023, the total area harvested in terms of mushrooms and truffles production in South Africa was estimated at less than X ha, flattening at the previous year. In general, the harvested area saw a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from South Africa

Mushroom and truffle exports from South Africa declined to X tons in 2023, shrinking by X% on the previous year's figure. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, mushroom and truffle exports contracted slightly to $X in 2023. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Botswana (X tons) was the main destination for mushroom and truffle exports from South Africa, accounting for a X% share of total exports. Moreover, mushroom and truffle exports to Botswana exceeded the volume sent to the second major destination, Mozambique (X tons), twofold. The third position in this ranking was taken by Mauritius (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume to Botswana totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Mauritius (X% per year).

In value terms, Botswana ($X) remains the key foreign market for mushrooms and truffles exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Botswana was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Mauritius (X% per year).

Export Prices by Country

The average mushroom and truffle export price stood at $X per ton in 2023, leveling off at the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, mushroom and truffle export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then contracted modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Zambia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mushroom And Truffle Imports

Imports into South Africa

In 2023, supplies from abroad of mushrooms and truffles increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. In general, imports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, mushroom and truffle imports soared to $X in 2023. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of mushroom and truffle to South Africa, with a X% share of total imports. Moreover, mushroom and truffle imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold.

From 2012 to 2023, 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 Nigeria (X% per year).

In value terms, Italy ($X) constituted the largest supplier of mushrooms and truffles to South Africa, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Nigeria (X% per year).

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2022, and then declined remarkably in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform