Vietnam's mangosteen production has dropped significantly, while Thailand's mangosteen has become the dominant player

Published Jul 10, 2024

Tridge summary

Vietnam is experiencing a significant decrease in mangosteen production, with prices dropping by half compared to three months ago due to poor harvests and increased importation of Thai mangosteens. The price drop is especially severe in Binh Duong Province, where production reductions have reached 60%. The quality of Vietnamese mangosteens has been affected by hot weather and a lack of irrigation, making them less competitive in price and quality against Thai mangosteens. As a result, the retail price of Vietnamese mangosteens is about half the price of Thai mangosteens in Ho Chi Minh City's wholesale markets.

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

Original content

July is the season when Vietnamese mangosteen is on the market in large quantities. This year, the harvest of mangosteen in Vietnam is poor, but the price has dropped by half compared with three months ago. According to local farmers, the mangosteen production in Hau Giang Province and Can Tho City in the north of Vietnam has dropped by 30-50% compared with the same period last year. Binh Duong Province in the southeast is one of the largest mangosteen producing areas in Vietnam, with a planting area of more than 1,000 hectares. Data from the Department of Agriculture and Rural Development of Binh Duong Province and Can Tho City show that the production reduction of many local farmers has even reached 60%. July is the season when Vietnamese mangosteen is on the market in large quantities. This year, the harvest of mangosteen in Vietnam is poor. , the price has been halved compared to three months ago. According to local farmers, the production of mangosteen in Hau Giang Province ...

Source: Foodmate