Chile: Dried Mushroom Market 2024

Dried Mushroom Market Size in Chile

The Chilean dried mushroom market rose modestly to $X in 2022, surging by 2.7% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Dried Mushroom Production in Chile

In value terms, dried mushroom production rose markedly to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 41%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Dried Mushroom Exports

Exports from Chile

Dried mushroom exports from Chile dropped to X tons in 2022, which is down by -7.2% compared with the year before. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2016 when exports increased by 54%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried mushroom exports skyrocketed to $X in 2022. Over the period under review, exports showed a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 63% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main destinations of dried mushroom exports from Chile, with a combined 61% share of total exports. Italy, Ecuador, Peru, Brazil and Argentina lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +32.1%), while the other leaders experienced a decline.

In value terms, France ($X) emerged as the key foreign market for dried mushrooms and truffles exports from Chile, comprising 57% of total exports. The second position in the ranking was held by the United States ($X), with a 15% share of total exports. It was followed by Italy, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to France totaled -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.2% per year) and Italy (-5.5% per year).

Export Prices by Country

The average dried mushroom export price stood at $X per ton in 2022, picking up by 46% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Brazil ($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 France (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Mushroom Imports

Imports into Chile

In 2022, supplies from abroad of dried mushrooms and truffles decreased by -27.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 85% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped sharply in the following year.

In value terms, dried mushroom imports reduced to $X in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of 51%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

China (X tons), Peru (X tons) and Poland (X tons) were the main suppliers of dried mushroom imports to Chile, with a combined 90% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of +60.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Italy ($X) constituted the largest dried mushroom suppliers to Chile, with a combined 86% share of total imports. Germany, Peru, Thailand and the United States lagged somewhat behind, together accounting for a further 14%.

Peru, with a CAGR of +28.6%, saw the highest growth rate of 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, picking up by 22% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 40%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :