Prepared mushrooms and truffles market in Thailand

Earlier Report Observations

The market volume for prepared mushrooms and truffles in Thailand expanded rapidly from 23.1 thousand tons in 2018 to 33.9 thousand tons in 2020.

After this peak, the market contracted to 27.8 thousand tons in 2021 and stabilized around 27.0 thousand tons in 2022-2023. During this period, domestic production fell back to 23.1 thousand tons by 2023, while imports grew steadily from 1.0 thousand tons in 2018 to 4.2 thousand tons in 2023.

In 2024, the market landscape included the discovery of truffles in Chiang Mai's Doi Suthep-Pui National Park, highlighting potential for premium segments. Domestic mushroom cultivation showed vitality with spawn sales exceeding 1 million bottles annually. At the same time, imported mushrooms from China held market dominance due to competitive pricing, and evolving consumer behavior coupled with e-commerce expansion reshaped distribution channels.

Production prepared mushrooms and truffles in Thailand

In kind, 2017-2020, t

Thailand was among the world's leading producers of prepared mushrooms and truffles from 2017 to 2020, ranking 6th globally by production volume.

Top producers of prepared mushrooms and truffles, 2017-2020

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

Thailand's production of prepared mushrooms and truffles increased for the third consecutive year. In 2020, the country produced 32 603 tonnes, marking a 22.6% year-over-year growth. Over the 2017-2020 period, production rose by 66.7%, with an average annual growth rate of 18.6%.

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

Exports prepared mushrooms and truffles from Thailand

Exports in kind, t

The export market showed volatility during the observed period. Exports peaked in 2018 at 1 086 tonnes, then dropped to a low of 48 tonnes in 2019, representing a 95.6% decline. In 2020, exports surged dramatically to 966 tonnes, a 1 909.4% increase compared to 2019.

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

From 2017 to 2020, the United States, China, and Laos were the principal buyers of Thailand's prepared mushrooms and truffles, accounting for 33.9%, 28.4%, and 18.7% of exports in kind respectively. Together, they represented 81.0% of total exports.

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

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

Exports in value, K $ US

Export values showed irregular changes, indicating a volatile market. The lowest value was recorded in 2019 at 100 thousand US dollars, while 2020 saw a sharp increase to 11 829 thousand US dollars, representing an 11 687.6% year-over-year growth. The gap between these years was 118-fold.

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

In the 2017-2020 period, the United States was the main destination for Thailand's prepared mushroom and truffle exports in value terms, accounting for 69.3% of total flows. Japan followed with 10.5%, and China with 7.0%. Together, these three markets represented 86.8% of total export value.

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

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

Imports prepared mushrooms and truffles to Thailand

Imports in kind, t

Import volumes demonstrated volatility during this period. The lowest point was recorded in 2019 at 931 tonnes, while 2020 saw imports peak at 2 270 tonnes, representing a 143.9% year-over-year increase. The difference between these years was 2.4-fold.

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

From 2017 to 2020, China was essentially the sole source for Thailand's imports of prepared mushrooms and truffles in kind, accounting for 100.0% of total import volumes.

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

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

Imports in value, K $ US

Import values exhibited an unstable trend throughout the timeframe. The lowest value was recorded in 2019 at 1 519 thousand US dollars, while 2020 saw imports reach 11 405 thousand US dollars, marking a 650.7% year-over-year increase. The gap between these years was 7.5-fold.

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

During the 2017-2020 period, 100.0% of Thailand's prepared mushroom and truffle imports in value terms came from China, making this market overwhelmingly dominant.

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

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