Market research

Mushrooms and truffles market in Singapore

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market for fresh mushrooms and truffles in Singapore grew from 10 458 t in 2018 to 13 139 t in 2020. This expansion was primarily driven by the government's promotion of sustainability and plant-based diets, which positioned mushrooms as a lower-emission alternative to meat, alongside increasing consumer awareness of health and freshness that raised demand for fresh produce.

Market volume reached a peak of 13 868 t in 2021 before stabilizing around 13 700 t in 2022. The stabilization in 2022 coincided with improved labor market conditions, which bolstered consumer spending on premium and organic mushroom varieties. Concurrently, escalating vegan and flexitarian trends, supported by ongoing government sustainability incentives, continued to underpin demand for plant-based foods including mushrooms.

By 2023, the market volume settled at 13 489 t, while the market value declined to $35.7 million from $38.2 million in 2022. This shift in value reflected changes in import prices or consumption patterns without significant new market drivers emerging during the year.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Singapore
  1. 5.1.1. Annual dynamics of production in Singapore in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Singapore in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Singapore in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Singapore by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Singapore in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Singapore by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Singapore, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Singapore by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Singapore in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Singapore by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Singapore in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Singapore by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Singapore, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Singapore by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Singapore in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Singapore by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Singapore in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Singapore by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Singapore, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Singapore by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Singapore in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Singapore by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Singapore in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Singapore by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Singapore, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Singapore by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production mushrooms and truffles in Singapore

In kind, 2017-2020, t

Top producers of mushrooms and truffles, 2017-2020

Source: SHEV.io

World map of production of mushrooms and truffles, 2017-2020

Source: SHEV.io

Singapore's production of mushrooms and truffles has grown for the third year in a row. In 2020, the country produced 158.4 t, marking a 21.0% increase from 2019. Looking at the period from 2017 to 2020, production surged by 197.2%, with an average annual growth rate of 43.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	101.8%	21.7%	21.0%	43.8%

Source: SHEV.io

In value, 2017-2020, K $ US

The value of Singapore's mushroom and truffle production has risen for the third consecutive year. In 2020, output was valued at 444.5 K $ US, showing a modest 3.0% increase compared to the previous year. From 2017 to 2020, production value grew by 184.2%, with a compound annual growth rate of 41.6%.

Annual dynamics of production in Singapore in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	150.8%	10.0%	3.0%	41.6%

Source: SHEV.io

Exports mushrooms and truffles from Singapore

Exports in kind, t

Singapore's exports of mushrooms and truffles have increased for the second year running. In 2020, the country exported 203 t, up 22.1% from 2019. The lowest export volume was recorded in 2018 at 151 t, which also saw the largest decline of 24.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(24.7%)	10.2%	22.1%	0.5%

Source: SHEV.io

From 2017 to 2020, Malaysia dominated Singapore's mushroom and truffle exports in kind, accounting for 85.2% of the total. The remaining exports were spread across a diverse group of smaller countries.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After two years of decline, Singapore's mushroom and truffle exports in value terms rebounded in 2020. Exports reached 570 K $ US, a 3.9% increase from 2019. However, over the 2017-2020 period, exports fell by 3%, translating to an annualized decrease of 1.0%. The lowest value was in 2019 at 548 K $ US, while the largest drop occurred in 2018 at 6.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.4%)	(0.4%)	3.9%	(1.0%)

Source: SHEV.io

Between 2017 and 2020, Malaysia was the top buyer of Singapore's mushrooms and truffles in value terms, making up 61.0% of exports. New Zealand followed with 11.7%, and Indonesia with 11.1%. Together, these three countries accounted for 83.8% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports mushrooms and truffles to Singapore

Imports in kind, t

Singapore's imports of mushrooms and truffles in kind have grown for the third consecutive year. In 2020, imports totaled 13 184 t, a significant 16.6% rise from 2019. From 2017 to 2020, imports increased by 32%, with an average annual growth rate of 9.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	7.7%	16.6%	9.7%

Source: SHEV.io

During 2017-2020, China and Malaysia were the leading suppliers of mushrooms and truffles to Singapore in kind, together holding 81.3% of total imports. Other countries each contributed relatively small shares.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The value of Singapore's mushroom and truffle imports has risen for the third year in a row. In 2020, imports amounted to 39 892 K $ US, a strong 13.0% increase from the previous year. Over the 2017-2020 period, import value grew by 28%, equating to an annualized rate of 8.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.8%	5.1%	13.0%	8.6%

Source: SHEV.io

From 2017 to 2020, Malaysia, China, and the Netherlands were the primary suppliers of mushrooms and truffles to Singapore in value terms. Malaysia accounted for 36.2% of imports, China for 34.8%, and the Netherlands for 7.7%. Collectively, they represented 78.7% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io