Price for Mushrooms and Truffles of the Genus "Agaricus" in the Philippines - 2023
Contents:
- Price for Mushrooms and Truffles of the Genus "Agaricus" in the Philippines (CIF) - 2022
- Price for Mushrooms and Truffles of the Genus "Agaricus" in the Philippines (FOB) - 2022
- Imports of Mushrooms and Truffles of the Genus "Agaricus" in the Philippines
- Exports of Mushrooms and Truffles of the Genus "Agaricus" in the Philippines
Price for Mushrooms and Truffles of the Genus "Agaricus" in the Philippines (CIF) - 2022
In 2022, the average import price for mushrooms and truffles of the genus "agaricus" amounted to $2,552 per ton, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2018 an increase of 29%. The import price peaked at $3,249 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($2,539 per ton), while the price for South Korea ($1,462 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced a decline.
Price for Mushrooms and Truffles of the Genus "Agaricus" in the Philippines (FOB) - 2022
The average export price for mushrooms and truffles of the genus "agaricus" stood at $4,320 per ton in 2021, increasing by 71% against the previous year. Overall, the export price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 80% against the previous year. The export price peaked at $6,000 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.9% per year.
Imports of Mushrooms and Truffles of the Genus "Agaricus" in the Philippines
In 2022, the amount of mushrooms and truffles of the genus "agaricus" imported into the Philippines soared to 1.8K tons, jumping by 29% against 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mushrooms and truffles of the genus "agaricus" soared to $4.6M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Mushrooms and Truffles of the Genus "Agaricus" in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.5 | 2.8 | 3.5 | 4.5 | 21.6% |
Malaysia | 0.1 | N/A | N/A | 0.1 | 0.0% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 2.6 | 2.9 | 3.6 | 4.6 | 20.9% |
Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to the Philippines in 2022:
- China (1781.9 tons)
- Malaysia (22.4 tons)
Exports of Mushrooms and Truffles of the Genus "Agaricus" in the Philippines
Exports of mushrooms and truffles of the genus "agaricus" from the Philippines surged to 500 kg in 2021, jumping by 541% on 2020. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mushrooms and truffles of the genus "agaricus" surged to $2.2K in 2021. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Mushrooms and Truffles of the Genus "Agaricus" in the Philippines (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United Arab Emirates | 93.0 | 184 | 2,160 | 381.9% | |
Papua New Guinea | 3.0 | N/A | N/A | 0% | |
Timor-Leste | N/A | 1.0 | N/A | 0% | |
Others | N/A | 12.0 | N/A | 0% | |
Total | 96.0 | 197 | 2,160 | 374.3% |
Top Export Markets for Mushrooms and Truffles of the Genus "Agaricus" from the Philippines in 2022:
- United Arab Emirates (500.0 kg)
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