Estonia: Dried Mushroom Market 2025

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