The import value of prepared or preserved mushrooms to China has exhibited significant fluctuations over the past decade. From 2013 to 2023, values witnessed dramatic changes, from growth surges in 2013 and 2016 to sharp declines in 2014, 2015, and 2017. The import value for 2023 stood at 0.45714 Million US Dollars. Recent trends highlight a consistent decline, with a decrease of 3.86% in 2023 compared to the previous year. Over the past five years, the Compound Annual Growth Rate (CAGR) reflected an average year-on-year decline of 3.74%, suggesting a downward trend in import values.
Future trends to watch for:
- Continued decrease in import volumes due to possible increases in domestic mushroom production.
- Market response to changing consumer preferences towards fresh produce over preserved products.
- Potential impacts of trade policies and import restrictions in the upcoming years.
- Technological advancements in the preservation process that might affect import demand.