United Arab Emirates: Mushroom And Truffle Market 2024

Mushroom And Truffle Market Size in the United Arab Emirates

The mushroom and truffle market in the United Arab Emirates declined to $X in 2023, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated modest growth from 2012 to 2023: its value 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, consumption decreased by X% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Mushroom And Truffle Exports

Exports from the United Arab Emirates

In 2023, overseas shipments of mushrooms and truffles were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports saw a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mushroom and truffle exports soared to $X in 2023. Overall, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons) was the main destination for mushroom and truffle exports from the United Arab Emirates, with a X% share of total exports. Moreover, mushroom and truffle exports to Tanzania exceeded the volume sent to the second major destination, Mozambique (X tons), fivefold. The third position in this ranking was held by Nigeria (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Tanzania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Nigeria (X% per year).

In value terms, the largest markets for mushroom and truffle exported from the United Arab Emirates were Tanzania ($X), Nigeria ($X) and Mozambique ($X), with a combined X% share of total exports.

Among the main countries of destination, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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, with a decrease of X% against the previous year. Overall, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Tanzania ($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 Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Mushroom And Truffle Imports

Imports into the United Arab Emirates

In 2023, after two years of growth, there was decline in supplies from abroad of mushrooms and truffles, when their volume decreased by X% to X tons. In general, total imports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, mushroom and truffle imports expanded remarkably to $X in 2023. Overall, total imports indicated a pronounced expansion from 2012 to 2023: its value 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, imports decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons) and the Netherlands (X tons) were the main suppliers of mushroom and truffle imports to the United Arab Emirates.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%).

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

From 2012 to 2023, the average annual growth rate of value from the Netherlands stood at X%.

Import Prices by Country

The average mushroom and truffle import price stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price, however, recorded a mild reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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 the Netherlands ($X per ton), while the price for China stood at $X per ton.

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

Source: IndexBox Platform