Italy: White truffle, weak offer due to drought

Published Oct 21, 2021

Tridge summary

The white truffle season is expected to be challenging due to drought and unstable prices, with a limited supply primarily from Piedmont, Tuscany, Marche, and Umbria. The market value of the industry is over 500 million euros with over 200,000 collectors, with 70% of the product being exported. The prices have soared due to the scarcity, with the quotations ranging from 4,500 to 2,000 euros per kg. The sector is considering promotion through chefs and tourism, and investing in a great sensory academy for organoleptic recognition of all types of edible truffles.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The deleterious effects of drought also affect the white truffle, one of the excellences of the made in Italy agri-food sector, for which a complex season is announced. Supply still scarce due to the weather and unstable prices: we need to wait for November when the boom is expected. This was said by the leading experts in the sector gathered in Rome, guests of Cia-Agricoltori Italiani, on the initiative of the Academy of Truffles in the world and with the participation of Undersecretary Mipaaf, Gianmarco Centinaio. The appointment, which represents the world premiere of the 2021 white truffle season, took stock of the sector after the uncertain year of the pandemic. The sector is now worth over 500 million euros and has more than 200,000 collectors in the field. 70% of the product is destined for the foreign market, driven by China, Japan, Dubai and the USA. Adverse atmospheric phenomena, such as the long drought, have resulted in a shortage of product that comes mainly from ...

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