Canned Mushroom Market in Asia - Key Insights

IndexBox has just published a new report, the Asia - Mushrooms (Dried) - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the canned mushroom market in Asia amounted to $X in 2017, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The canned mushroom consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. The level of canned mushroom consumption peaked in 2017, and is expected to retain its growth in the near future.

Production in Asia

The canned mushroom production stood at X tons in 2017, reducing by -X% against the previous year. The canned mushroom production continues to indicate a slight contraction over the last five years.

The country with the largest volume of canned mushroom production was China (X tons), accounting for X% of total production. Moreover, canned mushroom production in China exceeded the figures recorded by the world's second largest producer, Indonesia (X tons), more than tenfold. Vietnam (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume in China stood at -X%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (-X% per year) and Vietnam (+X% per year).

Canned Mushroom Exports

Exports in Asia

In 2017, approx. X tons of canned mushrooms were exported in Asia; falling by -X% against the previous year. This decrease continues the general downward trend pattern being recorded over the last six years.

In value terms, canned mushroom exports totaled $X (IndexBox estimates) in 2017. The canned mushroom exports continue to indicate a slight reduction. Over the period under review, canned mushroom exports reached their peak figure at $X in 2008; however, from 2009 to 2017, exports stood at a somewhat lower figure.

Exports by Country

The exports of the one major exporters of canned mushrooms, namely China, represented more than two-thirds of total export.

China was also the fastest growing in terms of the canned mushroom exports, with a CAGR of -X% from 2007 to 2017. From 2007 to 2017, the share of China increased by X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest canned mushroom supplier in Asia.

Export Prices by Country

The canned mushroom export price in Asia stood at $X per kg in 2017, standing approx. at the previous year. The export price indicated a prominent increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the canned mushroom export price increased by +X% against 2015 indices.

As there is only one major export supplying country, the average price level is determined by export prices for China.

From 2007 to 2017, the rate of growth in terms of export prices for China amounted to +X% per year.

Canned Mushroom ImportsImports in Asia

In 2017, canned mushroom imports in Asia totaled X tons, growing by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2017. In value terms, canned mushroom imports stood at $X (IndexBox estimates) in 2017. The total import value increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Imports by Country

In 2017, Vietnam (X tons), distantly followed by Japan (X tons), Malaysia (X tons), the Philippines (X tons), South Korea (X tons) and Israel (X tons) represented the largest importers of mushrooms (canned), together making up X% of total imports. The following importers - China, Hong Kong SAR (X tons), Singapore (X tons), Saudi Arabia (X tons), Lebanon (X tons), Thailand (X tons) and the United Arab Emirates (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Japan ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Import Prices by Country

The canned mushroom import price in Asia stood at $X per kg in 2017, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per kg), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform