Vietnamese durian causes Thailand to sharply reduce its market share in China

Published 2024년 1월 18일

Tridge summary

In 2022, the market share of Thai durian in China decreased to 95% due to increased imports of Vietnamese durian after the two countries signed a plant quarantine agreement. By the end of 2023, Vietnamese durian accounted for 5% of China's durian imports, and its market share continued to grow, reaching 30% by the first 10 months of 2023. Malaysia is also expected to start exporting fresh durian to China in 2024, with a focus on transporting fully ripe durians and implementing packaging solutions to ensure freshness.

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

Original content

According to international sources, in 2022, the market share of Thai durian in the Chinese market will decrease to 95%. The reason is that after China and Vietnam signed the Protocol on plant quarantine requirements for durian exported from Vietnam to China (July 2022), Chinese traders have stepped up imports. official durian import from Vietnam. By the end of 2023, Vietnamese durian has accounted for 5% of China's durian imports. In 2023, Vietnamese durian imported into China will continue to grow very strongly, thereby sharply reducing the market share of Thai durian. Specifically, in the first 10 months of 2023, in the Chinese market, Thailand's durian market share decreased to 70% and the durian market share from Vietnam increased to 30%. The above information also coincides with the calculations of the Vietnam Fruit and Vegetable Association. According to this Association, the export value of Vietnamese durian to China in 2023 will reach nearly 2.3 billion USD, nearly 50% of ...

Source: Agriculture