Malaysia and Indonesia are two countries that directly compete with Vietnam in exporting bird's nest

Published 2024년 9월 20일

Tridge summary

The article highlights the dynamics of the bird's nest export market, with a focus on Thailand, Malaysia, Indonesia, and Vietnam. It points out that Thailand's bird's nest industry targets the Chinese market marginally, resulting in low exports, while Malaysia and Indonesia, known for their large output, face challenges due to price competition, leading to a decrease in global prices. In contrast, Vietnam's bird's nest industry benefits from a stable domestic market and a strong presence in the Chinese market, despite higher prices due to quality and the fishy aroma preferred by connoisseurs. However, the article also brings attention to the need for improving the quality of raw bird's nests for export from Vietnam and introduces the Vietnam Bird's Nest Association's efforts to establish criteria for recognizing quality bird' nest houses to ensure a sustainable and quality supply chain for export.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Currently, there are 4 countries that are allowed to export bird's nests to China: Vietnam, Thailand, Malaysia and Indonesia. Mr. Hong Dinh Khoa, Chairman of the Board of Directors and General Director of Vietnam Quoc Yen Joint Stock Company, said that among these 4 countries, Thailand does not focus much on the Chinese market. The evidence is that in the whole year of 2023, the Thai bird's nest industry only exported less than 500kg of bird's nests to this market. Meanwhile, Malaysia and Indonesia pay great attention to the Chinese market. These two countries have long-standing bird's nest farming industries, so they currently account for the largest output in the world. The output is large but there is almost no domestic market, so all the harvested bird's nests are exported abroad by the Malaysian and Indonesian bird's nest industries. Due to great export pressure, in recent times, the Malaysian and Indonesian bird's nest industries have been focusing on competing on price. ...

Source: Agriculture