Price for Mushrooms and Truffles of the Genus "Agaricus" in China - 2024

Contents:

  1. Price for Mushrooms and Truffles of the Genus "Agaricus" in China (FOB) - 2024
  2. Price for Mushrooms and Truffles of the Genus "Agaricus" in China (CIF) - 2022
  3. Exports of Mushrooms and Truffles of the Genus "Agaricus" in China
  4. Imports of Mushrooms and Truffles of the Genus "Agaricus" in China

Price for Mushrooms and Truffles of the Genus "Agaricus" in China (FOB) - 2024

In September 2023, the average export price for mushrooms and truffles of the genus "agaricus" amounted to $1,838 per ton, increasing by 6.3% against the previous month. In general, the export price, however, saw a pronounced descent. The export price peaked at $2,179 per ton in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,427 per ton), while the average price for exports to Thailand ($1,553 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Mushrooms and Truffles of the Genus "Agaricus" in China (CIF) - 2022

The average import price for mushrooms and truffles of the genus "agaricus" stood at $3,600 per ton in 2020, with a decrease of -37.9% against the previous year. Over the period under review, the import price, however, showed modest growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 47% against the previous year. The import price peaked at $5,798 per ton in 2019, and then reduced sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2012 to 2020, the rate of growth in terms of prices for South Korea amounted to +7.2% per year.

Exports of Mushrooms and Truffles of the Genus "Agaricus" in China

In 2022, exports of mushrooms and truffles of the genus "agaricus" from China reached 18K tons, flattening at the year before. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 57%. As a result, the exports reached the peak of 19K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mushrooms and truffles of the genus "agaricus" soared to $35M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Mushrooms and Truffles of the Genus "Agaricus" in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3.013.414.017.780.7%
Malaysia4.64.26.59.226.0%
Singapore1.72.30.81.70.0%
Indonesia0.60.71.21.741.5%
Vietnam5.11.40.41.3-36.6%
United States2.51.92.00.7-34.6%
Others1.21.51.82.934.2%
Total18.625.526.835.323.8%

Top Export Markets for Mushrooms and Truffles of the Genus "Agaricus" from China in 2022:

  1. Thailand (11.1K tons)
  2. Malaysia (3.7K tons)
  3. Vietnam (0.8K tons)
  4. Singapore (0.7K tons)
  5. Indonesia (0.6K tons)
  6. United States (0.4K tons)

Imports of Mushrooms and Truffles of the Genus "Agaricus" in China

In 2020, imports of mushrooms and truffles of the genus "agaricus" into China shrank rapidly to 20 kg, waning by -97.2% against 2019 figures. Overall, imports saw a dramatic shrinkage.

In value terms, imports of mushrooms and truffles of the genus "agaricus" dropped sharply to $72 in 2020. In general, imports continue to indicate a precipitous decrease.

Import of Mushrooms and Truffles of the Genus "Agaricus" in China (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
South Korea2.80.1-96.4%
Hong Kong SAR1.3N/A0%
OthersN/AN/A0%
Total4.10.1-97.6%

Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to China in 2022:

  1. South Korea (20.0 kg)

Source: IndexBox Market Intelligence Platform

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