China: Hangzhou Tangqi loquat production halved, price expected to rise by 20%

Published 2023년 4월 19일

Tridge summary

The article highlights the anticipated price increase of Tangqi loquats in China, with the first batch expected to hit the market in early May. The early, famous variety from Yuhang, Zhejiang Province, is expected to see a significant price hike due to a drastic decrease in production, estimated to be less than half of the previous year. This reduction is largely due to the impact of cold weather conditions last winter, which damaged loquat trees and flowers, leading to lower yields. The article also mentions the cyclical nature of reduced production in loquat trees and the potential benefits such as improved fruit quality and reduced manual labor needs for thinning. Tangqi, known for its high-quality loquat varieties, is the largest producer among China's three major regions, with a total area of 17,177 mu and a variety of 18 types, including the best 'Ruantiaobaisha' and 'Dahongpao' varieties.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tangqi loquat is a famous traditional characteristic fruit in Yuhang, Zhejiang Province and even the whole country. The local loquat matures early, and the quality and flavor of the fine varieties Ruantiaobaisha and Dahongpao are all leading in the country. It is expected that the first batch of Tangqi loquats will be released in early May this year. It is on the market, and the sales season lasts for more than a month, but the price is much higher than in previous years. The fruit growers in the production area said that they speculate that the wholesale price of red loquats on the market this year is 10 yuan/catties, and white loquats are 15 yuan/catties, which is a bit more expensive than last year. Times, the retail price may be higher. The main reason for the price increase is the sharp decrease in output. Tangqi Village has a characteristic loquat industrial park of 1,000 mu. Tang Guobiao, secretary of the village party committee, said that this year’s output is expected to ...
Source: Guojiguoshu

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.