Dried Mushroom Market in Russia
Market Overview
After three years of decline, the Russian dried mushroom market increased by 
% to $ in . Overall, consumption enjoyed a modest increase. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.
% to $ in . Overall, consumption enjoyed a modest increase. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.Consumption
In , consumption of mushrooms (dried) increased by % to tons for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate a notable expansion. Dried mushroom consumption peaked at tons in 2018; however, from 2019 to , consumption remained at a lower figure.
The revenue of the dried mushroom market in Russia skyrocketed to $ in , picking up by % 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). Over the period under review, consumption continues to indicate a modest increase. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.
, consumption of mushrooms (dried) increased by % to tons for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate a notable expansion. Dried mushroom consumption peaked at tons in 2018; however, from 2019 to , consumption remained at a lower figure.The revenue of the dried mushroom market in Russia skyrocketed to $
in , picking up by % 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). Over the period under review, consumption continues to indicate a modest increase. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market remained at a somewhat lower figure.Market Forecast
Driven by increasing demand for mushrooms (dried) in Russia, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Dried mushroom market in Russia consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.Trade Balance
Russia remains a net importer of dried mushroom; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report