Australia: Mushroom And Truffle Market 2025

Mushroom And Truffle Market Size in Australia

The Australian mushroom and truffle market reduced modestly to $X in 2022, dropping by -3.4% against the previous year. In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.6% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Mushroom And Truffle Production in Australia

In value terms, mushroom and truffle production reduced to $X in 2022 estimated in export price. Overall, production recorded resilient growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 88% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of mushrooms and truffles in Australia stood at less than X kg per ha in 2022, remaining stable against the previous year. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of mushrooms and truffles production in Australia amounted to less than X ha, remaining relatively unchanged against 2021. In general, the harvested area continues to indicate a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Australia

In 2022, mushroom and truffle exports from Australia fell markedly to X tons, which is down by -34.1% against 2021 figures. Overall, exports saw a noticeable setback. The pace of growth was the most pronounced in 2014 with an increase of 53% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, mushroom and truffle exports reduced markedly to $X in 2022. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 71% against the previous year. As a result, the exports reached the peak of $X, and then declined notably in the following year.

Exports by Country

Brunei Darussalam (X tons), Fiji (X tons) and Papua New Guinea (X tons) were the main destinations of mushroom and truffle exports from Australia, together accounting for 76% of total exports. The Philippines, Nauru, Malaysia, Vietnam and Japan lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +46.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mushroom and truffle exported from Australia were Fiji ($X), Japan ($X) and Brunei Darussalam ($X), with a combined 50% share of total exports. Papua New Guinea, the Philippines, Vietnam, Nauru and Malaysia lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Vietnam, with a CAGR of +63.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mushroom and truffle export price amounted to $X per ton, shrinking by -85.4% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 55%. The export price peaked at $X per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Brunei Darussalam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mushroom And Truffle Imports

Imports into Australia

In 2022, the amount of mushrooms and truffles imported into Australia reached X tons, approximately equating 2021. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +117.5% against 2012 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mushroom and truffle imports rose rapidly to $X in 2022. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of mushroom and truffle to Australia, with a 80% share of total imports. Moreover, mushroom and truffle imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea stood at +8.3%.

In value terms, South Korea ($X) constituted the largest supplier of mushrooms and truffles to Australia, comprising 81% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to +13.1%.

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2022, with an increase of 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 18%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.4%).

Source: IndexBox Platform

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