Vietnam: The price of Chilean cherries drops to 200,000 VND per kg

Published 2023년 3월 17일

Tridge summary

Cherry prices in Vietnam have dropped by 5-20% compared to last year, making them more affordable for consumers. The price drop is attributed to an increase in supply and a decrease in demand due to global inflation. Cherries are imported from countries such as the US, Australia, Canada, and Chile, with Chile being the largest exporter. The price reduction has led to an increase in sales, particularly for Chilean cherries. The Vietnam Fruit and Vegetable Association reports a significant increase in fruit and vegetable exports from Chile and Canada to Vietnam in the first month of the year.

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

Original content

VnExpress's records at traditional and online stores show that cherries are imported from many countries such as the US, Australia, Canada, and Chile. The selling price is now down 5-20% compared to the same period last year. At a fruit shop on Pham Van Dong Street (Thu Duc City), each box of Chilean cherries 500 grams costs 125,000 VND, while buying a 5 kg box wholesale is 1.1 million VND. Ms. Hoa, the owner of a fruit shop in Tan Binh also confirmed that last year, a 5 kg box of Chilean cherries (small fruit size) cost 1.4 million VND, now reduced to 1 million VND. Particularly for cherries of Canada and Australia, the decrease is less, currently ranging from 400,000 to 700,000 VND per kg. The price goes down, the purchasing power of this item also increases. According to Ms. Lan, the owner of a fruit shop on Nguyen Chi Thanh Street (District 5), 10 boxes of Chilean cherries were sold out in two days. "The price of cherry this year is 20% lower, so it is quite attractive," Lan ...

Source: VNExpress