Australia: Canned Mushroom Market 2024

Canned Mushroom Market Size in Australia

The Australian canned mushroom market rose rapidly to $X in 2022, picking up by 12% 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). In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Canned Mushroom Exports

Exports from Australia

In 2022, overseas shipments of canned mushrooms decreased by -49.1% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2015 with an increase of 235%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, canned mushroom exports dropped sharply to $X in 2022. Over the period under review, exports recorded a slight setback. The most prominent rate of growth was recorded in 2017 with an increase of 115% against the previous year. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

New Zealand (X tons) was the main destination for canned mushroom exports from Australia, with a 58% share of total exports. Moreover, canned mushroom exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-3.1% per year) and South Korea (+223.2% per year).

In value terms, the largest markets for canned mushroom exported from Australia were New Zealand ($X), South Korea ($X) and Japan ($X), together accounting for 57% of total exports.

South Korea, with a CAGR of +157.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average canned mushroom export price stood at $X per ton in 2022, shrinking by -66.5% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 231%. The export price peaked at $X per ton in 2021, and then contracted notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to New Zealand ($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 China (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Mushroom Imports

Imports into Australia

In 2022, approx. X tons of canned mushrooms were imported into Australia; increasing by 1.9% compared with 2021 figures. Overall, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 9.6% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, canned mushroom imports amounted to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 58%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest canned mushroom supplier to Australia, with a 88% share of total imports. It was followed by Italy (X tons), with a 2.8% share of total imports. The third position in this ranking was held by the Netherlands (X tons), with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.0% per year) and the Netherlands (+40.0% per year).

In value terms, China ($X) constituted the largest supplier of canned mushrooms to Australia, comprising 72% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by the United States, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.5% per year) and the United States (+5.8% per year).

Import Prices by Country

The average canned mushroom import price stood at $X per ton in 2022, with an increase of 11% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned mushroom import price increased by +91.8% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 44%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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