Consumer demand for edible mushrooms is great in Southeast Asian countries. At the same time, consumers in countries like Singapore have relatively great purchasing power. This provides considerable room for profits in the development of edible mushrooms. The Guangxi Edible Mushroom Investment Cooperation Project Conference will take place in Nanning City, Guangxi. 159 people from Singapore, Malaysia, Guangdong, Anhui, Jiangsu, and Taiwan will come together and discuss investment and cooperation in the edible mushroom industry.
Data from the Guangxi Department for Agriculture shows that the overall production volume of edible mushrooms in the Guangxi production season of 2016-2017 reached 1.29 million tons. Guangxi has become one of China's most important production areas. The export value of Guangxi edible mushrooms reached 14.85 million USD in 2017, which is an increase of 397% or 11.86 million USD in comparison with the export value in 2016.
Guangxi has beneficial export policies and excellent port facilities. This gives Guangxi an advantage in the development of edible mushroom export to Southeast Asian countries. These destination countries have tropical climates that are not suitable for edible mushroom production. Their domestic production volumes are relatively low and the price is therefore relatively high. Guangxi has excellent natural weather conditions and abundant soil, fertilizer etc. Advanced agricultural facilities complete this picture. The cost of growing edible mushrooms in Guangxi is low, the production volume is high. Guangxi neatly complements the "shortcomings" of Southeast Asian markets.
The Guangxi Department for Agriculture presented a plan with 32 focus points for the development of edible mushroom industry in Guangxi. This list includes standardization of edible mushroom growing facilities, industrialization of production, product processing, development of regionally characteristic product varieties, recycling, etc. This plan received an enthusiastic response from the conference participants and resulted in 8 signed contracts with an investment value of 755 million yuan [117 million USD].
Source: gx.chinanews.com