Dominican Republic: Mushroom And Truffle Market 2025

Mushroom And Truffle Market Size in the Dominican Republic

In 2022, after two years of decline, there was significant growth in the Dominican mushroom and truffle market, when its value increased by 27% to $X. The market value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mushroom And Truffle Production in the Dominican Republic

In value terms, mushroom and truffle production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a sharp slump. Mushroom and truffle production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of mushrooms and truffles in the Dominican Republic totaled less than X kg per ha in 2022, therefore, remained relatively stable against the previous year. Overall, the yield recorded 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 the Dominican Republic was estimated at less than X ha, approximately mirroring 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from the Dominican Republic

In 2022, after two years of growth, there was significant decline in overseas shipments of mushrooms and truffles, when their volume decreased by -6.5% to X tons. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 3,443% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mushroom and truffle exports soared to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 3,313% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Curacao (X tons) and France (X tons) were the main destinations of mushroom and truffle exports from the Dominican Republic, together accounting for 88% of total exports.

From 2012 to 2022, the biggest increases were recorded for Curacao (with a CAGR of +182.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mushroom and truffle exported from the Dominican Republic were Aruba ($X), Curacao ($X) and the United States ($X), together comprising 69% of total exports.

Curacao, with a CAGR of +247.9%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average mushroom and truffle export price amounted to $X per ton, growing by 36% against the previous year. In general, the export price continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2016 an increase of 95%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Aruba ($X per ton), while the average price for exports to the United States ($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 Curacao (+23.1%), while the prices for the other major destinations experienced mixed trend patterns.

Mushroom And Truffle Imports

Imports into the Dominican Republic

In 2022, purchases abroad of mushrooms and truffles increased by 25% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports recorded a mild increase. The most prominent rate of growth was recorded in 2016 with an increase of 67% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mushroom and truffle imports skyrocketed to $X in 2022. Overall, imports saw a strong increase. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), Spain (X tons) and Italy (X kg) were the main suppliers of mushroom and truffle imports to the Dominican Republic, together comprising 100% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +58.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest mushroom and truffle suppliers to the Dominican Republic were the United States ($X), Spain ($X) and Italy ($X), together accounting for 100% of total imports.

Among the main suppliers, Spain, with a CAGR of +78.5%, recorded the highest rates of growth with regard to the value of imports, 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 mushroom and truffle import price amounted to $X per ton, with an increase of 29% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mushroom and truffle import price increased by +51.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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