Vietnam's frozen durian exports to China are just waiting for a favorable wind, and the market for fresh durian is booming. Why are exporters generally suffering losses?

Published Jul 8, 2024

Tridge summary

Truong Viet Thang, head of Toan Thang Trade Import and Export Company, discusses Vietnam's preparations to export frozen durian to China, emphasizing the higher investment required for frozen durian factories compared to fresh durian packaging. The Chinese market's high demand for durian and the longer shelf life of frozen durian are expected to stabilize the market. However, Vietnamese durian exporters face challenges such as high prices, fierce competition, and quality control issues. The rapid expansion of durian planting has led to quality management problems, and Vietnamese durian is often seen as inferior to Thai durian. Additionally, the industry struggles with non-compliance with plant quarantine standards, excessive chemical residues, early harvesting, illegal use of planting area codes, and unfair market competition, all of which hinder the development of a reputable brand.

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

Original content

Truong Viet Thang, head of Toan Thang Trade Import and Export Company in Dong Nai Province, Vietnam, said that the company has made preparations to export frozen durian to China. He said that the investment required for a frozen durian factory is five times that of a fresh durian packaging factory, so the number of companies involved in the export of frozen durian is small, and the competition will not be as fierce as that of fresh durian. The Chinese market is developing many products using durian as raw materials, and the market demand is huge. In addition, frozen durian can be stored for up to 2 years. It is expected that the frozen durian market will be more stable than the fresh durian market. It is reported that frozen durian focuses on the quality of the flesh rather than the appearance of the fruit, so the export volume of Vietnamese durian is expected to increase by another 30%. Thang believes that the price of Vietnamese durian has reached its peak now, and it is ...

Source: Foodmate