Turkey: Dried Mushroom Market 2024

Dried Mushroom Market Size in Turkey

In 2022, the Turkish dried mushroom market decreased by -30.8% to $X, falling for the sixth year in a row after three years of growth. Overall, consumption continues to indicate a deep contraction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Dried Mushroom Production in Turkey

In value terms, dried mushroom production dropped modestly to $X in 2022 estimated in export price. In general, production, however, saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 89% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Dried Mushroom Exports

Exports from Turkey

For the third consecutive year, Turkey recorded growth in overseas shipments of dried mushrooms and truffles, which increased by 2.8% to X tons in 2022. In general, exports saw a resilient increase. The growth pace was the most rapid in 2013 with an increase of 271%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried mushroom exports contracted remarkably to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 323% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for dried mushroom exports from Turkey, with a 59% share of total exports. Moreover, dried mushroom exports to France exceeded the volume sent to the second major destination, Romania (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+121.0% per year) and Italy (+34.4% per year).

In value terms, France ($X) remains the key foreign market for dried mushrooms and truffles exports from Turkey, comprising 46% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 17% share of total exports. It was followed by Romania, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-7.6% per year) and Romania (+62.2% per year).

Export Prices by Country

The average dried mushroom export price stood at $X per ton in 2022, shrinking by -34.6% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the UK ($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 the United States (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Dried Mushroom Imports

Imports into Turkey

In 2022, imports of dried mushrooms and truffles into Turkey fell remarkably to X tons, which is down by -16.2% on the year before. In general, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 27%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, dried mushroom imports amounted to $X in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of 51% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of dried mushroom to Turkey, accounting for a 72% share of total imports. Moreover, dried mushroom imports from India exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by China (X tons), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+29.7% per year) and China (-27.4% per year).

In value terms, India ($X) constituted the largest supplier of dried mushrooms and truffles to Turkey, comprising 83% of total imports. The second position in the ranking was held by Poland ($X), with a 13% share of total imports. It was followed by China, with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+20.4% per year) and China (-33.1% per year).

Import Prices by Country

In 2022, the average dried mushroom import price amounted to $X per ton, surging by 21% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried mushroom import price decreased by -3.4% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 34%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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