Price for Mushrooms and Truffles of the Genus "Agaricus" in South Korea - 2022

Contents:

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

Price for Mushrooms and Truffles of the Genus "Agaricus" in South Korea (FOB) - 2022

The average export price for mushrooms and truffles of the genus "agaricus" stood at $3,469 per ton in 2022, rising by 12% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mushrooms and truffles of the genus "agaricus" increased by +41.3% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of 22%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($26,966 per ton), while the average price for exports to Australia ($1,853 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 Singapore (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for mushrooms and truffles of the genus "agaricus" amounted to $1,287 per ton, which is down by -12.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 33% against the previous year. As a result, import price reached the peak level of $3,813 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($23,173 per ton), while the price for China amounted to $1,227 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.8%).

Exports of Mushrooms and Truffles of the Genus "Agaricus" in South Korea

In 2022, overseas shipments of mushrooms and truffles of the genus "agaricus" increased by 14% to 772 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic contraction.

In value terms, exports of mushrooms and truffles of the genus "agaricus" skyrocketed to $2.7M in 2022. Over the period under review, exports, however, faced a deep slump.

Export of Mushrooms and Truffles of the Genus "Agaricus" in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,783642169692-27.1%
Australia807567582573-10.8%
Canada840564551518-14.9%
Germany240167116205-5.1%
Spain20.226.952.4186109.6%
United Arab Emirates1151501341201.4%
United States15.122.347.898.386.7%
Malaysia3982751548.5-72.3%
Others345202281278-6.9%
Total4,5642,6162,0872,679-16.3%

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

  1. Australia (309.1 tons)
  2. Canada (173.3 tons)
  3. Indonesia (172.5 tons)
  4. United States (35.5 tons)
  5. Germany (18.3 tons)
  6. Spain (14.8 tons)
  7. United Arab Emirates (12.9 tons)
  8. Malaysia (1.0 tons)

Imports of Mushrooms and Truffles of the Genus "Agaricus" in South Korea

In 2022, imports of mushrooms and truffles of the genus "agaricus" into South Korea soared to 405 tons, rising by 111% on the previous year. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,367%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of mushrooms and truffles of the genus "agaricus" skyrocketed to $522K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 659% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Mushrooms and Truffles of the Genus "Agaricus" in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.743.9264495790.9%
Others6.712.617.927.059.1%
Total7.456.5282522313.2%

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

  1. China (403.1 tons)

Source: IndexBox Market Intelligence Platform

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