Belgium: Dried Mushroom Market 2024

Dried Mushroom Market Size in Belgium

The Belgian dried mushroom market surged to $X in 2022, jumping by 34% against the previous year. In general, consumption showed a perceptible increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Dried Mushroom Production in Belgium

In value terms, dried mushroom production totaled $X in 2022 estimated in export price. Over the period under review, production showed a precipitous decline. The pace of growth appeared the most rapid in 2018 with a decrease of 99.9%. Dried mushroom production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Dried Mushroom Exports

Exports from Belgium

After four years of growth, overseas shipments of dried mushrooms and truffles decreased by -80.1% to X tons in 2022. In general, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 327%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, dried mushroom exports declined notably to $X in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 141%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Spain (X tons) and Estonia (X tons) were the main destinations of dried mushroom exports from Belgium, with a combined 73% share of total exports. Portugal, France, Greece, Luxembourg, Germany, Denmark, Italy and the UK lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +93.7%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Portugal ($X) were the largest markets for dried mushroom exported from Belgium worldwide, together accounting for 82% of total exports. Greece, Germany, Estonia, Denmark, Luxembourg, France, Italy and the UK lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, Italy, with a CAGR of +61.5%, recorded the highest rates of growth with regard to 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 dried mushroom export price amounted to $X per ton, rising by 149% against the previous year. In general, the export price showed a perceptible increase. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the UK ($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 Greece (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Mushroom Imports

Imports into Belgium

After four years of growth, purchases abroad of dried mushrooms and truffles decreased by -11.2% to X tons in 2022. Over the period under review, imports, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2014 when imports increased by 171%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried mushroom imports reduced to $X in 2022. In general, imports showed a mild descent. The most prominent rate of growth was recorded in 2014 with an increase of 41% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of dried mushroom to Belgium, with a 69% share of total imports. Moreover, dried mushroom imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.1% per year) and Germany (+5.6% per year).

In value terms, the Netherlands ($X), France ($X) and Bulgaria ($X) constituted the largest dried mushroom suppliers to Belgium, with a combined 73% share of total imports.

Bulgaria, with a CAGR of +100.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dried mushroom import price amounted to $X per ton, with a decrease of -2.3% against the previous year. Over the period under review, the import price showed a perceptible decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Bulgaria ($X per ton), while the price for the Netherlands ($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 (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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