China: The average price of domestically produced apples rose by 18% to a record high, while imported apples may fall by 20%

Published 2023년 11월 17일

Tridge summary

The United States Department of Agriculture (USDA) predicts that China's apple production will increase to 45 million tons in the 2023/24 season, while apple imports may drop by 20% due to reduced supply and rising prices from major exporting countries. Despite encountering adverse weather conditions during the growing period, the overall apple production is estimated to be the same as the previous year, with good harvests in other major producing areas offsetting the production reduction in some regions. Apple prices have remained high since the beginning of the 2022/23 season due to reduced domestic supply and increased production costs, leading to slower circulation of apples.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The "China Deciduous Fruit Annual Report" recently released by the United States Department of Agriculture (USDA) shows that my country's apple production will increase to 45 million tons in the 2023/24 season. Apple imports may drop by 20% due to reduced supply and rising prices from major exporting countries. . Shaanxi is China's largest apple producing area and production area. Some local areas experienced low temperature and hail weather in late April. However, industry insiders estimate that the overall apple production will be the same as the previous year. Shandong, the second largest producing area, has pollinated apples in the spring. After experiencing frost in the first half of the year and high temperatures in June and July, the output may be lower than the previous year. The frost in Gansu, the third largest producing area, seriously affected apple fruit setting in April, and the output may drop by 30%. However, other major producing areas The growing conditions are ...
Source: Guojiguoshu

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.