Record-breaking Truffle: Up to 5,000 Euros per Kilo, a Rush Resembling the Gold Rush The shortage of the product does not slow down the boom of the Fair
by Marcello Pasquero , Oct 12, 2026
The Alba Fair kicks off the season for the highly prized tuber. This year sees record prices due to climate change. Reaching its 96th edition in 2026, the event, which opened on Saturday, runs until December 6.
The paradox of Alba's autumn lies entirely here: the white truffle is scarce, but its economy is not backing down. On Friday, October 9, the ceremony at the Teatro Sociale inaugurated the 96th International Fair, open to the public from last Saturday until December 6. On stage, alongside Giovanni Malagò, Valentina Vezzali, Federico Pellegrino, Alessia Maurelli, and Leonardo Bonucci, the theme "Authentic Relationships" linked sport and major events. Outside, in the woods of Langhe, Roero, and Monferrato, the decisive match remains the one against the climate for a product that requires low temperatures and rain to form. The hottest summer ever, three dry months, few thunderstorms, and hard ground have reduced the quantity, size, and quality of the first finds. Scarcity is driving up prices. Initial benchmark figures gathered among foragers and operators indicate the white truffle at around 5,000 euros per kilo, with peaks of 550 euros per 100 grams and an upward trend.
The black truffle is also at historic highs, fluctuating between 700 and 1,000 euros per kilo, and could reach close to 1,500 euros. These prices do not discourage tourists, who have crowded Langhe, Roero, and Monferrato; since last week, it has become nearly impossible to find a room in any lodging facility.
The 42 Million Euro Fair
A study on the impact of the International White Truffle Fair estimated the economic spillover for the province of Cuneo at over 42 million euros. A turnover 141 times higher than the public expenditure for the Fair, which amounts to 299,500 euros. High-spending tourists account for about 20% of the fair's attendees, mostly consisting of international tourists and domestic day-trippers. Minimum daily spending in this case amounts to 185 euros, at least 76 euros of which is spent on food and wine products. Maximum daily spending exceeds 500 euros among domestic tourists, who nevertheless stay on average at least one day less than international tourists—the latter still exceeding 450 euros in daily expenditure.
"The response to the shortage of product," argues Axel Iberti, president of the Fair Board, "cannot be purely commercial: we must work on the foundations, from education in schools to biodiversity, from research to planting new trees. Together with the trifolao (truffle hunters), over a thousand have already been planted. The objective is to combat soil erosion, rebuild woodlands, keep truffle grounds open, and transfer skills to new generations. Only in this way does the event become a great cultural platform, capable of keeping the territory alive year-round and engaging in dialogue with Vinum." "On a Piedmontese scale," Iberti adds, "the autumn supply chain is worth about 250 million euros and involves 11,000 workers. The Fair is therefore economic infrastructure: it attracts international demand, extends the tourist season, and transforms Alba into the gateway to an area that thrives on wine, landscape, and gastronomy."
Mario Aprile, president of the Piedmontese truffle hunters, confirms: "Truffles are scarce and not yet of top quality, but the appeal of this product is not waning—quite the opposite. The number of licensed truffle hunters is stable at 4,800 in the Region. Women are on the rise, now representing nearly 15%, as are young people. However, we all need to understand that fewer vineyards and fewer hazelnut trees are needed in Langa if we don't want truffles to come only from Roero, Monferrato, or the rest of Piedmont."
A Difficult Year
Antonio Degiacomi, president of the National Truffle Study Center, describes a complicated start to the season: "The year has been difficult. Rain has finally arrived, and we hope the situation improves as the season progresses, but there were very few thunderstorms. It is a problem affecting all of Italy."
Prices this high, Degiacomi warns, also impact the dining sector: "Truffles are consumed by the gram, but if the price rises too much, it puts restaurants in difficulty and risks becoming a product reserved solely for an elite. That is why we must ask ourselves what to do." An initial response came from the "Tuber Next Gen" conference, set to be replicated across the provinces: "We want to make regional policies and best practices developed with the IPLA known. Planting trees is not enough: they must be maintained, land must be kept clear, and constant care must be provided. The roughly 300,000 euros collected from license fees go back to landowners as compensation so they keep trees accessible to foragers: 20 euros a year for certain species, 18 for others, and 12 for hazelnut trees. European funds are also available to restore and rebuild tree lines." Alongside maintenance, Degiacomi highlights research: "We are studying soil bacteria and yeasts to understand where favorable production conditions are created. We also guarantee product quality and verify its true origin."