Analysis of the first half of the imported fruit market in Jiaxing in 2022

From January to June, the transaction volume and value of the Jiaxing Haiguangxing Fine Fruit Trading Center decreased by 21.19% and 20.95% respectively year-on-year. In terms of varieties, Southeast Asian fruits accounted for more than 70% of the total. Due to the impact of the pandemic, the entry of Southeast Asian fruits into the Chinese market is not smooth, the purchase volume is small, and the price naturally rises. All in all, due to the pandemic, the inspection and testing of imported fruits at various ports have become more stringent, so that the overall logistics speed is not as good as before. Therefore, the imported fruit trading market is limited by the sources, and the overall transaction scale has been affected.

This year's durian market is also up-and-downs. April to September is the main selling season. The sales in these months are normally more than 10,000 tons. From April to June, durians from eastern Thailand are basically on the market, while from July to September, they are mainly from southern Thailand. Therefore, there will generally be a peak in trading volume in May and August. Prices also naturally fall as supply increases. This year's peak was delayed due to the impact of the pandemic.

The Chinese market has a limited source of durian imports with huge market demand. At least so far, it has not reached a saturated state. Thailand has also caused the purchase price to rise due to the shortage of supply. Secondly, the high cost of transportation and logistics is also one of the main reasons for the high price of durian. But in the same way, Thailand's exporting countries are also not diverse, and in recent years, the production of durian in Thailand has been rising, and the planting area is also expanding rapidly. In fact, the growth rate of durian imports in China is not as fast as the growth rate of production. In addition, the import volume of durians from neighboring countries such as Malaysia and Vietnam is increasing, and the competition is more and more fierce. Therefore, if there are no major surprises, the future of durians is generally bearish.

Since the pandemic situation in China has basically stabilized in May this year, the logistics are slowly flowing, and the market is gradually opening up. In addition, there is no competition from Vietnamese mangosteen this year and Thailand’s mangosteen has ushered in a bumper harvest. Compared with last year, production has increased by about 38%. The reason is that the production was influenced due to bad weather and quality problems last year. In addition, this year, mangosteen has increased the amount of land transportation, accelerated the supply, and the market has sufficient supply. Thailand's mangosteen has ushered in a wave of a good market. According to statistics, in the first half of the year, the transaction volume of mangosteen increased by 86.12% year-on-year; the transaction value increased by 29.62% year-on-year; the average price was 28.68 RMB/kg, down 30.36% year-on-year.

In addition, cherries and blueberries among imported fruits are undoubtedly leading products. Consumer demand for Chilean cherries is strong every year. According to statistics, in the first half of the year, the transaction volume and value of imported cherries increased by 20.37% and 30.26% year-on-year, and the average price was 74.66RMB/kg, an increase of 8.22% year-on-year. As China has become the world's largest importer of cherries, imports of cherries are growing at an annual rate of 20%.

In January, as the cherries shipped from Chile gradually arrived in the Chinese market, the price gradually dropped from more than 1,000RMB/box (5kg) to 500-600RMB. The main varieties are Santina, Lapins, Rainer, Kordia, and Bing, which have become the first choice of high-end fine fruits for many buyers. It is precise because imported cherries have uniform standard quality, complete and fast cold chain transportation, and reasonable and safe packaging that they have won the favor of the majority of merchants and consumers. However, due to the postponement of the harvest this year and the impact of the pandemic, the arrival of Chilean cherries is not large, and the price has continued to remain high.

In the first half of the year, the transaction volume and value of imported blueberries increased by 46.18% and 108.99% respectively year-on-year, and the average price was 43.26 RMB/kg, a year-on-year increase of 42.97%, which is also increasingly favored by consumers.

Source: Jiaxing Fruit Market


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