Dried mushrooms market in India

Earlier Report Observations

The dried mushroom market in India began a period of strong expansion from 2018, initiated by the standardization of a 5% GST rate which facilitated trade. This growth was simultaneously fueled by rising consumer awareness of health benefits and a shift towards vegan and organic diets, which increased domestic consumption. The COVID-19 pandemic in 2020 accelerated these health-conscious trends, leading to a significant rise in market volume from 12 292 t in 2018 to 19 302 t in 2020.

Market growth continued from 2021 through 2023, driven by the emergence of value-added products like powdered mushrooms and mushroom-fortified foods, which diversified offerings and attracted new consumer segments. A parallel surge in export shipments, supported by improved supply chains and access to markets in the Middle East, EU, and North America, provided an additional demand pillar. This combination of product innovation and export expansion pushed the total market volume to 28 649 t by 2023.

By 2024, the sector's momentum was sustained through the adoption of advanced cultivation techniques like climate-controlled farming, which enhanced quality and yield for international markets. A continued focus on processing and value addition, alongside robust global demand for Indian exports, further solidified the market's competitive position and resilience.

Production dried mushrooms in India

In kind, 2017-2020, t

From 2017 to 2020, India ranked as the world's second-largest producer of dried mushrooms.

Top producers of dried mushrooms, 2017-2020

World map of production of dried mushrooms, 2017-2020

India's dried mushroom production grew for the third year in a row. In 2020, the country produced 19 399 tonnes, a solid 16.9% increase from 2019. Over the 2017-2020 period, production surged by 110.6%, averaging an annual growth rate of 28.2%.

Annual dynamics of production in India in kind, 2017-2020, t

Exports dried mushrooms from India

Exports in kind, t

India's dried mushroom exports fell for the second consecutive year. In 2020, exports totaled 140.7 tonnes, a sharp 18.6% drop from 2019. From 2017 to 2020, exports declined by 4.2%, with a compound annual growth rate of -1.4%. The peak was in 2018 at 203.4 tonnes, which also saw the largest increase of 38.5%.

Annual dynamics of product's exports from India in kind, 2017-2020, t

Between 2017 and 2020, Germany, Nepal, and France were the top destinations for India's dried mushroom exports by volume. Germany accounted for 30.7% of exports, Nepal for 17.3%, and France for 16.3%, together making up 64.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from India in kind, 2017-2020

Exports in value, K $ US

In 2020, India's dried mushroom export value reached 8 191 thousand US dollars, a strong 12.1% rise from the previous year. Over the 2017-2020 period, export value grew by 7.1%, with a compound annual growth rate of 2.3%. The lowest value was in 2019 at 7 308 thousand US dollars, while the highest was in 2018 at 9 705 thousand US dollars. The largest decline occurred in 2019 at 24.7%, and the largest increase was in 2018 at 26.9%.

Annual dynamics of product's exports from India in value, 2017-2020, K $ US

From 2017 to 2020, France, Switzerland, and Germany were the leading destinations for India's dried mushroom exports by value. France represented 41.4% of export value, Switzerland 23.8%, and Germany 21.6%, collectively accounting for 86.9% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from India in value, 2017-2020

Imports dried mushrooms to India

Imports in kind, t

India's dried mushroom imports showed significant fluctuations from 2017 to 2020. Volumes hit their lowest point in 2017 and peaked in 2018, with a sixfold difference between these years. In 2020, imports stood at 43.5 tonnes, a sharp 49.6% decrease from the prior year. The maximum volume was recorded in 2018 at 162.4 tonnes, which also saw the largest increase of 502.9%.

Annual dynamics of product's imports to India in kind, 2017-2020, t

Between 2017 and 2020, Nepal was the primary source for India's dried mushroom imports by volume, making up 71.9% of total imports, while other countries contributed smaller shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to India in kind, 2017-2020

Imports in value, K $ US

India's dried mushroom import value experienced irregular changes, reflecting a volatile market. Values fluctuated twofold between the low in 2017 and the high in 2018. In 2020, imports amounted to approximately 334 thousand US dollars, a 5.8% increase from the previous year. The peak value was in 2018 at 468 thousand US dollars. The largest decline occurred in 2019 at 32.5%, and the largest increase was in 2018 at 99.0%.

Annual dynamics of product's imports to India in value, 2017-2020, K $ US

From 2017 to 2020, Thailand, Nepal, and China were the main sources for India's dried mushroom imports by value. Thailand accounted for 46.7% of import value, Nepal for 25.6%, and China for 12.8%, together representing 85.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to India in value, 2017-2020