Prepared mushrooms and truffles market in Asia

Earlier Report Observations

The market volume for prepared mushrooms and truffles in Asia expanded dramatically from 438 thousand tons in 2018 to 3 510 thousand tons in 2023. This growth was particularly sharp between 2018 and 2019, when the market size increased more than fivefold, and continued steadily through the early 2020s.

Production in the region rose from 702 thousand tons to 3 490 thousand tons over the same period, mirroring the consumption trend. The expansion was supported by rising demand linked to the use of mushrooms in traditional medical systems such as Ayurveda and Traditional Chinese Medicine, which boosted consumer interest. Additionally, strong production capacity in China and other Asian countries provided the supply needed to meet this growing demand.

By 2023, China accounted for the overwhelming majority of both production and consumption in Asia, solidifying its dominant role in the regional market dynamics.

Production prepared mushrooms and truffles in Asia

In kind, 2017-2020, K t

Top producers of prepared mushrooms and truffles, 2017-2020

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

Asia's production of prepared mushrooms and truffles has grown for the third year in a row. In 2020, the region produced 2 910 thousand tonnes, marking a moderate 3.3% increase from 2019. Looking back to 2017, production surged by 336.6% over the four-year period, which translates to an average annual growth rate of 63.4%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of Asia's prepared mushrooms and truffles production has also risen for three consecutive years. In 2020, output was valued at 6 939 million US dollars, up 12.8% from the previous year. From 2017 to 2020, production value jumped by 506.7%, with a compound annual growth rate of 82.4%.

Annual dynamics of production in Asia in value, 2017-2020, M $ US

Exports prepared mushrooms and truffles from Asia

Exports in kind, K t

In 2020, Asia's exports of prepared mushrooms and truffles in volume terms reached 420.3 thousand tonnes, showing a moderate 6.6% decline from 2019. Over the 2017-2020 period, exports grew by 14.4%, averaging 4.6% per year. The lowest volume was recorded in 2018 at 361.4 thousand tonnes, while the peak occurred in 2019 with 450.0 thousand tonnes. The most significant increase happened in 2019, when exports rose by 24.5%.

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

From 2017 to 2020, Asia's export market for prepared mushrooms and truffles in volume terms was highly diversified. Russia accounted for 13.7% of exports, Canada for 3.9%, and Germany for 2.0%, together making up just 19.6% of total flows. The remaining 80.4% was distributed among numerous other countries.

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

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

Exports in value, M $ US

Asia's export value of prepared mushrooms and truffles has increased for the third consecutive year. In 2020, exports totaled 1 002 million US dollars, reflecting a slight 2.0% year-over-year rise. Between 2017 and 2020, export value grew by 59%, with a compound annual growth rate of 16.7%.

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

An analysis of export values from 2017 to 2020 reveals a broad distribution across many markets. Russia represented 8.3% of export value, the United States 1.8%, and Canada 1.7%, together accounting for only 11.9% of total flows. The substantial majority, 88.1%, went to various other partners.

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

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

Imports prepared mushrooms and truffles to Asia

Imports in kind, K t

After two years of growth, Asia's imports of prepared mushrooms and truffles in volume terms declined in 2020. Imports amounted to 71.3 thousand tonnes, down 31.1% from 2019. Over the 2017-2020 period, imports fell by 21.6%, averaging a 7.8% annual decrease. The highest volume was recorded in 2019 at 103.5 thousand tonnes, while the largest increase occurred in 2018 with a 7.5% rise.

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

From 2017 to 2020, the Netherlands, Poland, and Spain were consistently the top sources for Asia's imports of prepared mushrooms and truffles in volume terms. The Netherlands accounted for 5.4% of imports, Poland for 1.6%, and Spain for 1.4%, together representing 8.5% of total import flows.

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

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

Imports in value, M $ US

In 2020, Asia's imports of prepared mushrooms and truffles in value terms reached 238 million US dollars, showing a substantial 11.4% increase from the previous year. Between 2017 and 2020, import value grew by 19.9%, with an average annual rate of 6.2%. The largest decline was recorded in 2019, when imports dropped by 0.4%.

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

From 2017 to 2020, Asia's supplier base for prepared mushrooms and truffles in value terms was broad. The Netherlands contributed 6.6% of import value, Italy 2.3%, and Poland 1.7%, together making up just 10.7% of total imports. Many other countries held smaller but notable shares in the remaining portion.

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

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