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Mushroom And Truffle Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the mushroom and truffle market in the U.S. amounted to $2B in 2017, lowering by -2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.6% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011, when the market value increased by 15% against the previous year. Mushroom and truffle consumption peaked at $2.1B in 2016, and then declined slightly in the following year.

Mushroom And Truffle Production in the USA

In 2017, approx. 421K tonnes of mushrooms and truffles were produced in the U.S.; reducing by -1.6% against the previous year. The total output volume increased at an average annual rate of +1.6% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review.

Mushroom And Truffle Exports

Exports from the USA

Mushroom and truffle exports from the U.S. stood at 5.9K tonnes in 2017, going up by 12% against the previous year. Overall, mushroom and truffle exports continue to indicate a temperate decrease. In value terms, mushroom and truffle exports amounted to $27M (IndexBox estimates) in 2017.

Exports by Country

Canada (4.5K tonnes) was the main destination for mushroom and truffle exports from the U.S., with a 76% share of total exports. Moreover, mushroom and truffle exports to Canada exceeded the volume sent to the second major destination, Aruba (239 tonnes), more than tenfold. Japan (191 tonnes) ranked third in terms of total exports with a 3.2% share.

From 2007 to 2017, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (+19.6% per year) and Japan (-15.4% per year).

In value terms, Canada ($20M) remains the key foreign market for mushroom and truffle exports from the U.S., comprising 74% of total mushroom and truffle exports. The second position in the ranking was occupied by Japan ($1.8M), with a 6.5% share of total exports. It was followed by Aruba, with a 2.6% share.

Export Prices by Country

The average mushroom and truffle export price stood at $4.6 per kg in 2017, coming down by -6.8% against the previous year. In general, the mushroom and truffle export price continues to indicate a mild contraction.

Export prices varied noticeably by the country of origin; the country with the highest export price was Japan ($9.4 per kg), while the average price for exports to Bermuda ($2.8 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Bahamas (+2.3% per year), while the export prices for the other major destinations experienced mixed trend patterns.

Mushroom And Truffle Imports

Imports into the USA

In 2017, approx. 60K tonnes of mushrooms and truffles were imported into the U.S.; growing by 7.7% against the previous year. In value terms, mushroom and truffle imports stood at $232M (IndexBox estimates) in 2017. 

Imports by Country

In 2017, Canada (32K tonnes) constituted the largest mushroom and truffle supplier to the U.S., accounting for a 53% share of total imports. Moreover, mushroom and truffle imports from Canada exceeded the figures recorded by the second largest supplier, Mexico (8.2K tonnes), fourfold. The third position in this ranking was occupied by China (5.7K tonnes), with a 9.4% share.

From 2007 to 2017, the average annual growth rate of volume from Canada amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+18.0% per year) and China (+4.6% per year).

Import Prices by Country

The average mushroom and truffle import price stood at $3.8 per kg in 2017, rising by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%.

Import prices varied noticeably by the country of origin; the country with the highest import price was Canada ($4.8 per kg), while the price for China ($1.8 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+5.2% per year), while the import prices for the other major suppliers experienced more modest paces of growth.


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