India: Mushroom And Truffle Market 2025

Mushroom And Truffle Market Size in India

The Indian mushroom and truffle market totaled $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, showed significant growth. Mushroom and truffle consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Mushroom And Truffle Production in India

In value terms, mushroom and truffle production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 185%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of mushrooms and truffles in India totaled less than X kg per ha, therefore, remained relatively stable against the previous year. In general, the yield showed 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 India was estimated at less than X ha, flattening at the previous year. In general, the harvested area showed a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from India

In 2022, the amount of mushrooms and truffles exported from India surged to X tons, picking up by 18% on 2021. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 791%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, mushroom and truffle exports soared to $X in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 900% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nepal (X tons) was the main destination for mushroom and truffle exports from India, with a 58% share of total exports. Moreover, mushroom and truffle exports to Nepal exceeded the volume sent to the second major destination, Bhutan (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Nepal totaled +83.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (+792.8% per year) and the United Arab Emirates (+121.3% per year).

In value terms, Nepal ($X) remains the key foreign market for mushrooms and truffles exports from India, comprising 60% of total exports. The second position in the ranking was taken by Bhutan ($X), with a 27% share of total exports. It was followed by the United Arab Emirates, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nepal amounted to +96.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (+1,065.0% per year) and the United Arab Emirates (+96.1% per year).

Export Prices by Country

In 2022, the average mushroom and truffle export price amounted to $X per ton, with an increase of 23% against the previous year. In general, the export price, however, showed a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 51% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Singapore ($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 Bhutan (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mushroom And Truffle Imports

Imports into India

After two years of growth, overseas purchases of mushrooms and truffles decreased by -39.1% to X tons in 2022. Overall, imports, however, saw moderate growth. The pace of growth appeared the most rapid in 2021 when imports increased by 128%. As a result, imports reached the peak of X tons, and then reduced notably in the following year.

In value terms, mushroom and truffle imports contracted to $X in 2022. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 321%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Thailand (X tons) was the main supplier of mushroom and truffle to India, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Thailand stood at +40.4%.

In value terms, Thailand ($X) constituted the largest supplier of mushrooms and truffles to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at +50.6%.

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2022, rising by 43% against the previous year. In general, the import price posted a noticeable expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 85%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +7.2% per year.

Source: IndexBox Platform

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