Algeria: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in Algeria

In 2023, after five years of growth, there was decline in the Algerian mushroom and truffle market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate prominent growth. Mushroom and truffle consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Mushroom And Truffle Production in Algeria

In value terms, mushroom and truffle production totaled $X in 2023 estimated in export price. Overall, production, however, posted a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. Mushroom and truffle production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

In 2023, the average mushroom and truffle yield in Algeria stood at less than X kg per ha, almost unchanged from 2022 figures. Overall, the yield recorded 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 2023, the total area harvested in terms of mushrooms and truffles production in Algeria totaled less than X ha, therefore, remained relatively stable against the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.

Mushroom And Truffle Exports

Exports from Algeria

In 2023, after three years of growth, there was significant decline in shipments abroad of mushrooms and truffles, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed a temperate increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, mushroom and truffle exports reduced to $X in 2023. Overall, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Syrian Arab Republic (X tons) and Kuwait (X tons) were the main destinations of mushroom and truffle exports from Algeria, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mushroom and truffle exported from Algeria were Saudi Arabia ($X), Qatar ($X) and Syrian Arab Republic ($X), with a combined X% share of total exports.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average mushroom and truffle export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, mushroom and truffle export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mushroom And Truffle Imports

Imports into Algeria

After four years of growth, supplies from abroad of mushrooms and truffles decreased by X% to X tons in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, mushroom and truffle imports declined to $X in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2022, and then fell in the following year.

Imports by Country

China (X tons), Spain (X tons) and Belgium (X tons) were the main suppliers of mushroom and truffle imports to Algeria, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of mushrooms and truffles to Algeria, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Belgium (X% per year).

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform