Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria - 2022

Contents:

  1. Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria (CIF) - 2022
  2. Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria (FOB) - 2022
  3. Imports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria
  4. Exports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria

Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria (CIF) - 2022

In June 2022, the average import price for mushrooms and truffles, other than of the genus "agaricus" amounted to $1,504 per ton, surging by 11% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 61% m-o-m. As a result, import price reached the peak level of $1,658 per ton. From September 2021 to June 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was Malaysia ($2,926 per ton), while the price for South Africa ($874 per ton) was amongst the lowest.

From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria (FOB) - 2022

In 2022, the average export price for mushrooms and truffles, other than of the genus "agaricus" amounted to $1,265 per ton, falling by -15.6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 99% against the previous year. As a result, the export price reached the peak level of $1,499 per ton, and then declined sharply in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,423 per ton), while the average price for exports to the Netherlands stood at $962 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-3.7%).

Imports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria

In 2022, imports of mushrooms and truffles, other than of the genus "agaricus" into Nigeria soared to 3.3K tons, jumping by 139% compared with 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 639%. Over the period under review, imports of mushrooms and truffles, other than of genus "agaricus" reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of mushrooms and truffles, other than of the genus "agaricus" soared to $4.3M in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 486% against the previous year. Over the period under review, imports of mushrooms and truffles, other than of genus "agaricus" attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.81.98572,315838.6%
China4.91504621,500574.0%
South Africa25.260.913818995.7%
Netherlands44.53.211.039.7-3.7%
Others24452.11002946.4%
Total3212681,5694,338138.2%

Top Suppliers of Mushrooms and Truffles, Other than of the Genus "Agaricus" to Nigeria in 2022:

  1. United Kingdom (1773.9 tons)
  2. China (1246.5 tons)
  3. South Africa (140.4 tons)
  4. Netherlands (38.1 tons)

Exports of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria

In 2022, overseas shipments of mushrooms and truffles, other than of the genus "agaricus" decreased by -16.4% to 22 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 269% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of mushrooms and truffles, other than of the genus "agaricus" contracted rapidly to $28K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 426%.

Export of Mushrooms and Truffles, Other than of the Genus "Agaricus" in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A20.90%
NetherlandsN/AN/AN/A7.30%
SpainN/AN/A30.7N/A0%
Niger2.312.80.1N/A-79.1%
United KingdomN/AN/A9.0N/A0%
South Africa1.99.30.1N/A-77.1%
OthersN/AN/AN/AN/A0%
Total4.222.139.928.288.7%

Top Export Markets for Mushrooms and Truffles, Other than of the Genus "Agaricus" from Nigeria in 2022:

  1. United States (14.7 tons)
  2. Netherlands (7.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables; mushrooms other than of the genus Agaricus, fresh or chilled - Nigeria