MENA: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in MENA

In 2023, the MENA's mushroom and truffle market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption saw a mild contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Mushroom And Truffle Production in MENA

In value terms, mushroom and truffle production declined modestly to $X in 2023 estimated in export price. In general, production showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Turkey (X tons) constituted the country with the largest volume of mushroom and truffle production, comprising approx. X% of total volume. Moreover, mushroom and truffle production in Turkey exceeded the figures recorded by the second-largest producer, Iran (X tons), twofold. The third position in this ranking was held by Israel (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in Turkey stood at X%. In the other countries, the average annual rates were as follows: Iran (X% per year) and Israel (X% per year).

Mushroom And Truffle Exports

Exports in MENA

Mushroom and truffle exports surged to X tons in 2023, jumping by X% on 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, mushroom and truffle exports surged to $X in 2023. In general, exports, however, saw a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

Oman represented the major exporting country with an export of about X tons, which reached X% of total exports. Iran (X tons) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%) and Turkey (X%). The following exporters - Syrian Arab Republic (X tons) and Saudi Arabia (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Syrian Arab Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the largest mushroom and truffle supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In Oman, mushroom and truffle exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Iran (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced a decline in the export price figures.

Mushroom And Truffle Imports

Imports in MENA

Mushroom and truffle imports expanded notably to X tons in 2023, increasing by X% compared with 2022 figures. Total imports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, mushroom and truffle imports soared to $X in 2023. Total imports indicated a modest increase from 2012 to 2023: its value 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, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, the United Arab Emirates (X tons) and Iraq (X tons) were the main importers of mushrooms and truffles in MENA, together amounting to near X% of total imports. It was distantly followed by Kuwait (X tons), Morocco (X tons), Saudi Arabia (X tons) and Bahrain (X tons), together mixing up a X% share of total imports. Qatar (X tons) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mushroom and truffle importing markets in MENA were the United Arab Emirates ($X), Kuwait ($X) and Saudi Arabia ($X), together comprising X% of total imports. Iraq, Qatar, Morocco and Bahrain lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Qatar ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform