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W21: Durian Update

냉동 두리안
필리핀
게시됨 2023년 5월 30일
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W21: Durian Update

In W21 in the durian landscape, it was reported that the total value of durian imports in Q1 of 2023 in China exceeded USD 1.2M, with 61KT imported through Youyiguan border, an increase of 633.6%, accounting for 66% of total durian imports in China. In April 2023 only, the Youyiguan border imported more than 60KT of durian. The wholesale price of Thai Monthong durian in China stabilized at USD 5.09-6.79/kg, while the wholesale price in Thailand increased by USD 2.87/kg. Durian is the most in-demand fruit in China, with Monthong from Thailand and Kanyao from Vietnam dominating the market. The supply of Thai Monthong dropped, and the price increased from USD 124.47-126.62/carton in W20 to USD 155.59/carton in W21. Although there is a high supply of Vietnamese Kanyao durians and the price has slightly increased compared to W20, more consumers choose to purchase Thai Monthong because of its popularity and unavailability. In addition, China has approved another 293 farming areas and 115 packaging facilities in Vietnam for fresh durian imports eight months after the two countries signed a protocol. Vietnam should improve quality and build brands to compete in the Chinese market. It was reported that Malaysia's high-end frozen durian exports dropped by 38% in 2022, mainly due to a targeted durian diplomacy program to promote the Musang King strain and premium fruit to high-profile persons. Malaysia remains confident despite China's growing durian industry, with Hainan province preparing for its first harvest in 2023. The Philippines and China will discuss agricultural cooperation, with high-level officials from MARA and a business delegation from China visiting the Philippines to discuss projects and to look at investments. As of March 2023, durian exports to China amounted to USD 1.42B, and the Philippines was able to ship more than 200MT of agricultural products.

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