Durians from Thailand may lose market share in 5 to 10 years

Currently, about 80% of the fresh durians marketed in China are imported from Thailand. According to statistics released by the Ministry of Commerce of Thailand, Thailand exported, during the period between January and April this year, a total of 668 million US dollars worth of fresh fruit to China, an increase of 152.7%. Among them, the total export value of durians reached 418 million US dollars, accounting for 62.57% of the country's fruit exports to China. However, it is believed by some that within the next 5-10 years, Thai durians will no longer monopolize the Chinese market.

The most expensive variety in the market is the golden pillow durian, one of the best durians from Thailand, usually sold at 30 yuan for half a kilo but prices vary with quality. The demand for durians in China is so great that even Class B and Class C durians are marketed and very sought after. As a result, durian prices have been spiraling.

Malaysian durians targeting the Chinese market
As early as 2011, Malay hoped to export processed frozen durian products such as puree and pulp to China, but whole shelled durians were not allowed to be imported as the durian shell may host pests. Following active trade negotiations between China and Malaysia, whole frozen Malaysian durians gained access to China on May 30 this year.

The Deputy Minister of Agriculture and Agricultural Machinery of Malaysia pointed out that despite the huge demand in the Chinese market, due to the large number of durians planted in Malaysia, sales and production are expected to expand, and prices are expected to remain stable in the future.

Source: iFreshFair


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