Vietnam's mangosteen production has dropped sharply, while Thailand's mangosteen has become the dominant player

Published 2024년 7월 9일

Tridge summary

Vietnam is experiencing a significant decrease in mangosteen production, with prices dropping by half compared to three months ago due to hot weather and insufficient irrigation. The harvest has decreased by 30-50% in Hau Giang Province and Can Tho City, and by up to 60% in Binh Duong Province. This, coupled with the early harvest of Thai mangosteens, has led to a supply surplus and a significant price drop. As a result, the retail price of Vietnamese mangosteens is twice that of Thai mangosteens, despite their lower quality.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

July is the season when Vietnamese mangosteen is on the market in large quantities. This year, the harvest of mangosteen in Vietnam is poor, but the price has dropped by half compared with three months ago. According to local farmers, the production of mangosteen in Hau Giang Province and Can Tho City in the north of Vietnam has dropped by 30-50% compared with the same period last year. Binh Duong Province in the southeast is one of the largest mangosteen producing areas in Vietnam, with a planting area of more than 1,000 hectares. Data from the Department of Agriculture and Rural Development of Binh Duong Province and Can Tho City show that the production reduction of many local farmers has even reached 60%. Hot weather and lack of irrigation are the main reasons affecting the quality and yield of mangosteen. The supply of mangosteen has decreased and the quality is poor. The purchase price of orchards is only 25,000-40,000 Vietnamese dong/kg (7.15-11.4 yuan/kg), which is half of ...
Source: Guojiguoshu

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