Vietnam: Kumquat prices increase, gardeners receive early deposits, Bonsai kumquat has type 25-30 million VND

Published 2024년 12월 18일

Tridge summary

The kumquat market is experiencing price fluctuations, with an increase of 20% compared to last year due to storm damage and increased care costs. Prices range from 500-600 thousand VND for damaged trees to 25-30 million VND for bonsai trees. Most customers are wholesalers, with some gardens almost sold out and some heavily affected by the recent storm, leading to higher prices and switching to flower cultivation.

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Original content

The kumquat market this year is expected to have many fluctuations, especially in terms of prices. At kumquat gardens in Tu Lien ward (Tay Ho, Hanoi), most of the customers are wholesale kumquat buyers. Low prices also fluctuate from 500-600 thousand VND/tree. Bonsai kumquats are priced at 25-30 million VND. According to VietNamNet reporters, currently, kumquat growing villages in Tu Lien ward have begun to have many wholesalers coming to consult wholesale prices and buy in large quantities. Mr. Hung (a trader in Tu Son, Bac Ninh) said that every year he goes to consult wholesale prices at the gardens early to grasp the market price. This year, after walking around the kumquat growing village in Tu Lien ward, he noted that this year's price level is 20% higher than last year for common trees. “My family expects the wholesale price to fluctuate between VND300,000 - 400,000/tree to buy about 150 trees to sell for profit. We live far away so transporting kumquat trees is also ...

Source: 24h newspaper