Nigeria: Mushroom And Truffle Market 2025

Mushroom And Truffle Market Size in Nigeria

The Nigerien mushroom and truffle market dropped remarkably to $X in 2022, falling by -71.7% against the previous year. Overall, consumption, however, saw a resilient expansion. Mushroom and truffle consumption peaked at $X in 2021, and then reduced remarkably in the following year.

Mushroom And Truffle Production in Nigeria

In value terms, mushroom and truffle production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 27%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of mushrooms and truffles in Nigeria stood at less than X kg per ha in 2022, standing approx. at the previous year. Overall, the yield continues to indicate 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, approx. less than X ha of mushrooms and truffles were harvested in Nigeria; approximately mirroring 2021 figures. In general, the harvested area recorded a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Nigeria

In 2022, overseas shipments of mushrooms and truffles decreased by -63.2% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 642%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mushroom and truffle exports declined remarkably to $X in 2022. Over the period under review, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by 909%. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced notably in the following year.

Exports by Country

Niger (X tons) was the main destination for mushroom and truffle exports from Nigeria, accounting for a 74% share of total exports. Moreover, mushroom and truffle exports to Niger exceeded the volume sent to the second major destination, South Africa (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger totaled +6.0%.

In value terms, the largest markets for mushroom and truffle exported from Nigeria were Niger ($X) and South Africa ($X).

Among the main countries of destination, South Africa, with a CAGR of +25.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average mushroom and truffle export price amounted to $X per ton, declining by -60.7% against the previous year. Over the period under review, the export price showed a mild setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 151% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell markedly in the following year.

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 South Africa ($X per ton), while the average price for exports to Niger stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+2.5%).

Mushroom And Truffle Imports

Imports into Nigeria

In 2022, imports of mushrooms and truffles into Nigeria shrank remarkably to X tons, dropping by -82.2% on the previous year. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 1,307% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, mushroom and truffle imports contracted sharply to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 730% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, South Africa (X tons) constituted the largest mushroom and truffle supplier to Nigeria, with a 46% share of total imports. Moreover, mushroom and truffle imports from South Africa exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+67.9% per year) and China (-4.3% per year).

In value terms, South Africa ($X), the Netherlands ($X) and Italy ($X) constituted the largest mushroom and truffle suppliers to Nigeria, with a combined 53% share of total imports.

In terms of the main suppliers, South Africa, with a CAGR of +31.6%, 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

The average mushroom and truffle import price stood at $X per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 186%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($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 United Arab Emirates (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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