Price for Mushrooms and Truffles of the Genus "Agaricus" in Singapore - 2023
Contents:
- Price for Mushrooms and Truffles of the Genus "Agaricus" in Singapore (CIF) - 2023
- Price for Mushrooms and Truffles of the Genus "Agaricus" in Singapore (FOB) - 2022
- Imports of Mushrooms and Truffles of the Genus "Agaricus" in Singapore
- Exports of Mushrooms and Truffles of the Genus "Agaricus" in Singapore
Price for Mushrooms and Truffles of the Genus "Agaricus" in Singapore (CIF) - 2023
In September 2022, the average import price for mushrooms and truffles of the genus "agaricus" amounted to $4,719 per ton, with an increase of 2.3% against the previous month. Over the period from June 2022 to September 2022, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was the Netherlands ($8,428 per ton), while the price for Malaysia ($3,625 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mushrooms and Truffles of the Genus "Agaricus" in Singapore (FOB) - 2022
The average export price for mushrooms and truffles of the genus "agaricus" stood at $3,579 per ton in 2022, increasing by 27% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 33% against the previous year. Over the period under review, the average export prices reached the maximum at $6,703 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($11,541 per ton), while the average price for exports to Malaysia ($2,456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mushrooms and Truffles of the Genus "Agaricus" in Singapore
In 2022, purchases abroad of mushrooms and truffles of the genus "agaricus" decreased by -6% to 2.8K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 45% against the previous year.
In value terms, imports of mushrooms and truffles of the genus "agaricus" shrank modestly to $9.4M in 2022. In general, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Mushrooms and Truffles of the Genus "Agaricus" in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.8 | 8.8 | 5.6 | 5.2 | -8.6% |
| Netherlands | 1.8 | 2.1 | 3.0 | 2.3 | 8.5% |
| China | N/A | 0.1 | 0.2 | 1.2 | 246.4% |
| Indonesia | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
| Others | 1.4 | 0.6 | 0.4 | 0.3 | -40.2% |
| Total | 10.5 | 12.0 | 9.8 | 9.4 | -3.6% |
Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to Singapore in 2022:
- Malaysia (1988.8 tons)
- Netherlands (365.4 tons)
- China (309.9 tons)
- Indonesia (81.6 tons)
Exports of Mushrooms and Truffles of the Genus "Agaricus" in Singapore
In 2022, shipments abroad of mushrooms and truffles of the genus "agaricus" decreased by -58.9% to 9.3 tons, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 147 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of mushrooms and truffles of the genus "agaricus" dropped rapidly to $33K in 2022. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, the exports attained the peak of $377K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Mushrooms and Truffles of the Genus "Agaricus" in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 227 | 306 | 52.7 | 16.5 | -58.3% |
| Brunei Darussalam | 5.2 | 53.6 | 9.3 | 8.1 | 15.9% |
| Cambodia | 12.5 | 11.3 | 0.4 | 6.3 | -20.4% |
| Timor-Leste | 4.1 | 0.2 | 0.2 | 1.2 | -33.6% |
| Indonesia | 8.3 | 1.5 | 1.4 | 1.0 | -50.6% |
| Others | 42.5 | 4.4 | N/A | 0.3 | -80.8% |
| Total | 299 | 377 | 64.0 | 33.3 | -51.9% |
Top Export Markets for Mushrooms and Truffles of the Genus "Agaricus" from Singapore in 2022:
- Malaysia (6.7 tons)
- Brunei Darussalam (1.5 tons)
- Cambodia (0.5 tons)
- Indonesia (0.2 tons)
- Timor-Leste (0.2 tons)
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