China’s durian market ripens as Thailand loses ground, Vietnam and Philippines get a taste

Published Jan 22, 2024

Tridge summary

China's imports of durians surged by 69% in 2023, with Vietnam and the Philippines gaining market share from Thailand, the primary supplier. Vietnamese durian exports to China rose to a 31.8% share, valued at US$2.1 billion, while the Philippines also gained a small market share. China has also successfully grown its first domestic crop of durians. Meanwhile, Malaysia is in talks with China to explore fresh fruit exports, following Thailand's example. Despite the pandemic, Thailand's durian shipments to China increased last year due to growing consumer market in China's mid-sized cities.

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

Original content

China’s imports of durians soared last year, but its main supplier, Thailand, has been losing market share as the world’s chief buyer of the pungent tropical fruit lets in exports from Vietnam and the Philippines. China imported 1.4 million tonnes of durian in 2023, up 69 per cent from the previous year according to data from China’s General Administration of Customs. Thailand’s share of those imports, in US dollar terms, dropped from almost 100 per cent in 2021 to 95.36 per cent a year later and 67.98 per cent last year. Vietnam has cut in on Thailand’s stake after China began letting Vietnamese exporters ship fresh durians in 2021. Vietnamese durian exports to China went from near zero to a 4.6 per cent share at US$188.1 million in 2022, and soared to 31.8 per cent last year for a total value of US$2.1 billion. The United Nations Food and Agriculture Organization said Vietnamese exports of the fruit worldwide reached 4.9 per cent of the total by volume in 2022 at 40.88 million ...

Source: Channelnewsasia