Italy: Canned Mushroom Market 2024

Canned Mushroom Market Size in Italy

After two years of decline, the Italian canned mushroom market increased by 1.3% to $X in 2022. Overall, consumption, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2017 when the market value increased by 7.1%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Canned Mushroom Exports

Exports from Italy

In 2022, exports of canned mushrooms from Italy was estimated at X tons, surging by 5.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, canned mushroom exports soared to $X in 2022. Over the period under review, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for canned mushroom exports from Italy, with a 20% share of total exports. Moreover, canned mushroom exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), twofold. Spain (X tons) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+2.7% per year) and Spain (-0.0% per year).

In value terms, the largest markets for canned mushroom exported from Italy were the United States ($X), France ($X) and Germany ($X), with a combined 34% share of total exports. The UK, Spain, China, the Netherlands, Switzerland, Canada, Australia, Singapore, Japan and the United Arab Emirates lagged somewhat behind, together comprising a further 42%.

China, with a CAGR of +47.5%, recorded the highest growth rate of the value of exports, in terms of 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 2022, the average canned mushroom export price amounted to $X per ton, surging by 12% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canned mushroom export price increased by +68.1% against 2016 indices. The pace of growth appeared the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 Germany (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Mushroom Imports

Imports into Italy

In 2022, purchases abroad of canned mushrooms increased by 7.6% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 17%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, canned mushroom imports declined modestly to $X in 2022. The total import value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 21%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Spain (X tons) were the main suppliers of canned mushroom imports to Italy, with a combined 87% share of total imports. Belgium and France lagged somewhat behind, together accounting for a further 8.5%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +91.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest canned mushroom suppliers to Italy were Poland ($X), Spain ($X) and the Netherlands ($X), together accounting for 81% of total imports. Belgium and France lagged somewhat behind, together comprising a further 7.3%.

Among the main suppliers, Belgium, with a CAGR of +96.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average canned mushroom import price stood at $X per ton in 2022, declining by -10.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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