The Chinese Fruit Distributors Association held the 2020 Annual Pear Summit on August 7-8, 2020. The strategy briefing of the Xinji Yellow Crown Pear brand took place at the same time. The summit and the briefing took place in Xinji, Hebei. The global pear industry was watching China, and all of China was watching Hebei. 7 out of every 10 pears in the global pear market come from China, and 1 out of every 2 pears in China comes from Hebei.
Pear processing factory
"Pear production areas suffered from frost in April and from hailstorm sin May. The overall production volume of Hebei pears significantly declined as a result of these extreme weather conditions. The production volume of Imperial Crown pears, the most popular pear variety in the overseas market, declined by more than 50%. And the production volume of the Ya pears declined by around 20%. The peak period of pear sales has already begun. August falls right in the middle of the Imperial Crown pear sales season. This is the time of year when the flavor and color are both at their best.
"The most striking feature of this season is the simultaneous sales of old pears and new pears, which does not normally happen. The main markets for new pears are in the USA, Canada, the Netherlands, Spain, Thailand, Indonesia, Israel, and Mexico. The old pears are mainly sold in Malaysia, the Philippines, and Indonesia." This is according to Mr. Bian Qinggang of Tianbo Fruit Industry Co., Ltd.
Tianbo pears
"The price of Yellow Crown pears is extremely high and has been right from the start of the sales season because the overall production volume significantly declined this year and the volume of commercially viable pears was even smaller. The price jumped to 7 yuan [1.01 USD] per kg at the start of the season and then dropped to 4.5 yuan [0.65 USD] per kg in August. There was a slight price rise in the middle of August, when the price climbed to 4.8 yuan [0.69 USD] per kg. The price of old pears is much lower because they are sold simultaneously with new pears.
"However, the product quality of old pears is still quite good. That is why the export volume of new pears is much smaller than in previous years. Take the Imperial Crown pears for example. The massive decline in production volume makes competition fierce, and this pear variety is already the most popular one in overseas markets because the pear survives storage well. The price therefore increased by more than 50% in comparison with the same period last year.
"Furthermore, unlike Hebei, Shandong, and Shanxi, the pear production areas in Xinjiang, Shaanxi, Anhui, and Liaoning enjoyed an abundant harvest this year. The high price of Hebei pears makes it difficult for the market to absorb them all. Traders who purchase Yellow Crown pears rarely bring them to the market. They store these pears in refrigerated warehouses. Of course, this carries a risk for the traders who deal in Yellow Crown pears.
"At the same time, the selling price of old Imperial Crown pears dropped below the cost price. For example, traders lose more than 20% when selling a 13.5 kg bag of 48# pears. The old pears have been in refrigerated storage for more than 400 days. There are still more than 20 thousand tons of old Yellow Crown pears in storage in Hebei."
Tianbo pears
"The outbreak of Covid-19 also had a significant impact on the global pear market this year. Global pear sales suffered from this pandemic. The impact is felt in several areas. First, wholesale fruit markets in some countries were closed for some time. The purchasing power of consumers declined. And the market was in chaos. Second, there was a lot of pressure on importers to continue working during the pandemic.
"For Chinese exporters, the financial risk was significant, because there was a great risk that products would spoil. Third, the outbreak of Covid-19 disrupted both plantation and processing. Xinjiang more recently suffered from another outbreak and the pear industry immediately suffered. This is particularly difficult now that old pears are sold at a loss and new pears enjoy a record harvest."
2020 Annual Pear Summit of the Chinese Fruit Distributors Association
Tianbo Fruit Industry has just been elected as one of the 10 largest pear export brands by the Chinese Fruit Distributors Association. The company relies on more than 20 years of experience in the purchasing, processing, and sales of fresh pears. Tianbo Fruit Industry has reliable long-term clients in the domestic market and in overseas markets. While the company continues to maintain good relationships with loyal clients, the company team also works hard to develop a system of outstanding sales channels.
"The company has significant influence in the international pear market. Although the overall production volume of pears declined this year and the extreme weather conditions had quite the impact on product quality, but still, Tianbo Fruit Industry does not ignore the issue of product quality. The company relies on strict control of product quality, an international reputation, and excellent services to win over new clients and open up new markets.
"On the 7th of August, Mr. Bian Qinggang, chairman of the board of Tianbo Fruit Industry was elected as the vice-president in charge of daily affairs and the secretary-general of the Chinese Fruit Distributors Association Annual Pear Summit. In his acceptance speech, Mr. Bian Qinggang stated that this has been an immensely difficult year so far and Tianbo Fruit Industry is one the companies eager to take responsibility in society. The company team works hard to contribute to the continued improvement of the Chinese pear industry."
For more information:
Mr. Gavin Bian - Chairman of the board
Hebei Tianbo Trade and Commerce Co., Ltd.
Website: www.tianbofruit.com.cn
Tel.: +86 135 8219 8678
E-mail: gavinbian@tianbofruit.com.cn