Luxembourg: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in Luxembourg

In 2022, after four years of growth, there was significant decline in the Luxembourg mushroom and truffle market, when its value decreased by -33% to $X. Over the period under review, consumption showed a slight reduction. Over the period under review, the market attained the maximum level at $X in 2021, and then plummeted in the following year.

Mushroom And Truffle Production in Luxembourg

In value terms, mushroom and truffle production amounted to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 7.2% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of mushrooms and truffles in Luxembourg stood at less than X kg per ha in 2022, standing approx. at 2021 figures. 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.

The mushroom and truffle harvested area in Luxembourg totaled less than X ha in 2022, flattening at 2021. Overall, the harvested area showed a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Luxembourg

In 2022, exports of mushrooms and truffles from Luxembourg fell markedly to X tons, shrinking by -41.6% against the previous year. In general, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 37%. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, mushroom and truffle exports fell remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate moderate growth. The pace of growth was the most pronounced in 2018 when exports increased by 28%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

France (X tons) was the main destination for mushroom and truffle exports from Luxembourg, accounting for a 63% share of total exports. Moreover, mushroom and truffle exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.8% per year) and Belgium (-10.8% per year).

In value terms, France ($X), Germany ($X) and Belgium ($X) were the largest markets for mushroom and truffle exported from Luxembourg worldwide, together accounting for 94% of total exports.

France, with a CAGR of +7.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average mushroom and truffle export price amounted to $X per ton, dropping by -23.1% against the previous year. Over the period under review, the export price showed a pronounced reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 26%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 Belgium ($X per ton), while the average price for exports to France ($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 Belgium (+3.7%), while the prices for the other major destinations experienced a decline.

Mushroom And Truffle Imports

Imports into Luxembourg

In 2022, supplies from abroad of mushrooms and truffles decreased by -25.7% to X tons, falling for the third consecutive year after six years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 23% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, mushroom and truffle imports contracted markedly to $X in 2022. Overall, imports continue to indicate a mild downturn. The growth pace was the most rapid in 2016 with an increase of 21% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

Belgium (X tons), Poland (X tons) and the Netherlands (X tons) were the main suppliers of mushroom and truffle imports to Luxembourg, with a combined 83% 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 Poland (with a CAGR of +33.9%), while imports for the other leaders experienced a decline.

In value terms, the largest mushroom and truffle suppliers to Luxembourg were Belgium ($X), the Netherlands ($X) and Poland ($X), with a combined 71% share of total imports.

Poland, with a CAGR of +19.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2022, falling by -19.2% against the previous year. Overall, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 an increase of 11%. The import price peaked at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Poland ($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 Netherlands (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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