"The overall production volume of Hainan lychees will be much smaller this year as extreme weather conditions affected their development in many production areas. The first predictions suggest that the production volume of Concubine Smile lychee will decline by 50%-60%. They are expected to enter the market around May 10th. The volcanic Lychee King production volume will fall by 60%-70%. They are expected to enter the market around May 20th. The production volume of seedless lychee will be reduced by almost 80%-90%. They are expected to enter the market in early June. This means that overall supply of Hainan lychees will be small and traders will compete to get their hands on the limited production volume." This is according to Wu Bin of Hainan Wushen Ecological Agricultural Development Co., Ltd.
"Kio" lychee plantation
"Kio" lychee
"The trees of the Lychee King variety are currently in bloom. They require a period of relatively low temperatures, but this year the overall temperature in Hainan has been quite high. This affects the ability of lychee trees to produce flowers, which in turn reduces the production volume. Even though the production volume will be smaller, the future production capacity, as well as product quality, flavor, and size all remain unaffected."
"Kio" lychee plantation
"We expect the limited supply volume to result in a relatively high price when the lychee enter the market. If the price does not increase much, then the income of farmers will fall. The price rise is generally unable to completely recover the loss of reduced production volume. However, Hainan lychee are among the first in the season to enter the market, which will further increase the price."
"Kio" lychee
"The price is always higher early in the season, but this year the high price is expected to maintain its position for a longer period than in previous years. The price is expected to remain high for 10 days, and then the price will decline every day until a stable price is reached. Lychee have a relatively short production season. The harvest and retail season only lasts around 1 month. In the middle and toward the end of the supply season of Hainan lychee other production areas in Guangdong, Guangxi, and Vietnam will also begin to supply lychee in large volumes. At that time the price will further decline."
"Kio" lychee
"This year's reduced production volume will not greatly affect the "Kio" lychee brand. Take the Concubine Smile lychee for example. We do not have large volumes of the common Concubine Smile, but we produce the relatively expensive '0 pesticide' Concubine Smile. Our high-quality, exclusive lychee target consumers who are able to afford higher prices. Furthermore, we sell other relatively expensive varieties such as the volcanic Lychee King and seedless lychee through specialized consumer channels as well."
Contact person: Wu Bin
Company name: Hainan Wushen Ecological Agricultural Development Co., Ltd.
Company website: http://www.mykio.net
Telephone number: 400-775-9176
Telephone number: +86 158 2192 1811
E-mail address: holiday.farmer@foxmail.com