Dried Mushroom Market in Eastern Europe - Poland Emerges as the Largest and Fastest-Growing Market

IndexBox has just published a new report: 'Eastern Europe - Dried Mushroom - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

In 2018, the dried mushroom market in Eastern Europe amounted to $X. 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 total market indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Consumption By Country in Eastern Europe

Poland (X tons) constituted the country with the largest volume of dried mushroom consumption, comprising approx. X% of total consumption. Moreover, dried mushroom consumption in Poland exceeded the figures recorded by the region's second-largest consumer, Bulgaria (X tons), threefold. Romania (X tons) ranked third in terms of total consumption with a X% share.

From 2007 to 2018, the average annual growth rate of volume in Poland totaled +X%. In the other countries, the average annual rates were as follows: Bulgaria (-X% per year) and Romania (-X% per year).

In value terms, Poland ($X) led the market, alone. The second position in the ranking was occupied by Ukraine ($X). It was followed by Belarus.

The countries with the highest levels of dried mushroom per capita consumption in 2018 were Bulgaria (X kg per X persons), Latvia (X kg per X persons) and Poland (X kg per X persons).

From 2007 to 2018, the most notable rate of growth in terms of dried mushroom per capita consumption, amongst the main consuming countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

Production in Eastern Europe

In 2018, the production of mushrooms (dried) in Eastern Europe totaled X tons, shrinking by -X% against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2012 when production volume increased by X% y-o-y. In that year, dried mushroom production reached its peak volume of X tons. From 2013 to 2018, dried mushroom production growth failed to regain its momentum.

In value terms, dried mushroom production stood at $X in 2018 estimated in export prices. Over the period under review, dried mushroom production, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when production volume increased by X% y-o-y. Over the period under review, dried mushroom production reached its peak figure level at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Production By Country in Eastern Europe

The countries with the highest volumes of dried mushroom production in 2018 were Poland (X tons), Bulgaria (X tons) and Romania (X tons), together accounting for X% of total production.

From 2007 to 2018, the most notable rate of growth in terms of dried mushroom production, amongst the main producing countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

Exports in Eastern Europe

In 2018, the dried mushroom exports in Eastern Europe totaled X tons, shrinking by -X% against the previous year. In general, dried mushroom exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. The volume of exports peaked at X tons in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, dried mushroom exports amounted to $X (IndexBox estimates) in 2018. The total exports indicated a significant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, dried mushroom exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. The level of exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Romania (X tons), Russia (X tons), Poland (X tons) and Bulgaria (X tons) represented roughly X% of total exports of mushrooms (dried) in 2018. Hungary (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Romania ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

Poland experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the dried mushroom export price in Eastern Europe amounted to $X per kg, growing by X% against the previous year. In general, the dried mushroom export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% year-to-year. The level of export price peaked at $X per kg in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Bulgaria ($X per kg), while Russia ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Hungary, while the other leaders experienced more modest paces of growth.

Imports in Eastern Europe

The imports amounted to X tons in 2018, falling by -X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, dried mushroom imports reached their peak figure at X tons in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, dried mushroom imports totaled $X (IndexBox estimates) in 2018. The total imports indicated a moderate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, dried mushroom imports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, dried mushroom imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

Poland was the main importing country with an import of around X tons, which finished at X% of total imports. Russia (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Bulgaria (X%) and the Czech Republic (X%). Latvia (X tons), Slovakia (X tons) and Romania (X tons) took a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported mushrooms (dried) in Eastern Europe, comprising X% of total dried mushroom imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Poland totaled +X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The dried mushroom import price in Eastern Europe stood at $X per kg in 2018, leveling off at the previous year. Over the period under review, the dried mushroom import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. In that year, the import prices for mushrooms (dried) attained their peak level of $X per kg. From 2015 to 2018, the growth in terms of the import prices for mushrooms (dried) failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per kg), while Russia ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Latvia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform