Report Update Nov 1, 2024

Estonia - Mushrooms (Dried) - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Dried Mushroom Market 2024

Dried Mushroom Market Size in Estonia

In 2022, the Estonian dried mushroom market decreased by -19.7% to $X, falling for the sixth year in a row after two years of growth. Overall, consumption showed a abrupt curtailment. Dried mushroom consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Dried Mushroom Exports

Exports from Estonia

In 2022, overseas shipments of dried mushrooms and truffles increased by 51% to X tons, rising for the second year in a row after two years of decline. Overall, exports posted a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 787%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dried mushroom exports surged to $X in 2022. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 1,043% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Finland (X tons) was the main destination for dried mushroom exports from Estonia, accounting for a 62% share of total exports. Moreover, dried mushroom exports to Finland exceeded the volume sent to the second major destination, the UK (X kg), fivefold. The third position in this ranking was held by the United States (X kg), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume to Finland amounted to +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+376.1% per year) and the United States (+7,550.0% per year).

In value terms, Finland ($X) remains the key foreign market for dried mushrooms and truffles exports from Estonia, comprising 83% of total exports. The second position in the ranking was taken by Sweden ($X), with a 3.5% share of total exports. It was followed by the UK, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value to Finland amounted to +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+3.6% per year) and the UK (+164.5% per year).

Export Prices by Country

The average dried mushroom export price stood at $X per ton in 2022, with an increase of 59% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the United States ($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 Norway (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Mushroom Imports

Imports into Estonia

In 2022, overseas purchases of dried mushrooms and truffles decreased by -9.7% to X tons, falling for the sixth year in a row after two years of growth. In general, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by 57%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, dried mushroom imports rose remarkably to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 39%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Belgium (X tons) and Lithuania (X kg) were the main suppliers of dried mushroom imports to Estonia, with a combined 77% 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 China (with a CAGR of +57.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of dried mushrooms and truffles to Estonia, comprising 37% of total imports. The second position in the ranking was held by Ukraine ($X), with an 18% share of total imports. It was followed by Belgium, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +54.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+121.5% per year) and Belgium (+22.4% per year).

Import Prices by Country

The average dried mushroom import price stood at $X per ton in 2022, rising by 18% against the previous year. In general, the import price saw resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 134%. The import price peaked 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 Latvia ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+72.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the dried mushroom market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 450 - Dried Mushrooms

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023