Price for Mushrooms and Truffles of the Genus "Agaricus" in Malaysia - 2024
Contents:
- Price for Mushrooms and Truffles of the Genus "Agaricus" in Malaysia (CIF) - 2022
- Price for Mushrooms and Truffles of the Genus "Agaricus" in Malaysia (FOB) - 2022
- Imports of Mushrooms and Truffles of the Genus "Agaricus" in Malaysia
- Exports of Mushrooms and Truffles of the Genus "Agaricus" in Malaysia
Price for Mushrooms and Truffles of the Genus "Agaricus" in Malaysia (CIF) - 2022
In 2022, the average import price for mushrooms and truffles of the genus "agaricus" amounted to $1,461 per ton, falling by -17.4% against the previous year. Overall, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $2,744 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,343 per ton), while the price for Thailand ($269 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.5%), while the prices for the other major suppliers experienced a decline.
Price for Mushrooms and Truffles of the Genus "Agaricus" in Malaysia (FOB) - 2022
In 2022, the average export price for mushrooms and truffles of the genus "agaricus" amounted to $2,341 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 9.8% against the previous year. As a result, the export price reached the peak level of $5,483 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,841 per ton), while the average price for exports to the Philippines ($1,587 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 Hong Kong SAR (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Mushrooms and Truffles of the Genus "Agaricus" in Malaysia
For the fourth year in a row, Malaysia recorded growth in overseas purchases of mushrooms and truffles of the genus "agaricus", which increased by 2.3% to 14K tons in 2022. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. Over the period under review, imports of mushrooms and truffles of genus "agaricus" hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mushrooms and truffles of the genus "agaricus" dropped notably to $21M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $25M, and then fell remarkably in the following year.
| Import of Mushrooms and Truffles of the Genus "Agaricus" in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.3 | 17.8 | 22.3 | 18.4 | 4.1% |
| Netherlands | 0.8 | 1.2 | 1.4 | 1.4 | 20.5% |
| Thailand | 0.3 | 0.3 | 0.5 | 0.9 | 44.2% |
| Others | 0.9 | 0.8 | 0.6 | 0.3 | -30.7% |
| Total | 18.3 | 20.0 | 24.9 | 21.0 | 4.7% |
Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to Malaysia in 2022:
- China (8.1K tons)
- Thailand (3.4K tons)
- Netherlands (2.9K tons)
Exports of Mushrooms and Truffles of the Genus "Agaricus" in Malaysia
For the fourth year in a row, Malaysia recorded growth in shipments abroad of mushrooms and truffles of the genus "agaricus", which increased by less than 0.1% to 4.8K tons in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 47%. Over the period under review, the exports of mushrooms and truffles of genus "agaricus" attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of mushrooms and truffles of the genus "agaricus" totaled $11M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Mushrooms and Truffles of the Genus "Agaricus" in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 8.7 | 12.8 | 9.5 | 9.5 | 3.0% |
| Thailand | 0.7 | 0.7 | 1.1 | 1.3 | 22.9% |
| Others | 0.8 | 0.9 | 0.5 | 0.4 | -20.6% |
| Total | 10.2 | 14.4 | 11.0 | 11.2 | 3.2% |
Top Export Markets for Mushrooms and Truffles of the Genus "Agaricus" from Malaysia in 2022:
- Singapore (4.1K tons)
- Thailand (0.6K tons)
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