In the Chinese market, domestic pomelo is on the market from September to December, and the main varieties are Shatian pomelo, Juhong, Wendan, and Pingshan pomelo. At present, the main planting areas of pomelo in China include Guangdong and Guangxi, Fujian, Hunan, Zhejiang and other provinces. In particular, Guangdong, Guangxi, and Fujian are the main producing areas of pomelo in China. Since 2003, China's pomelo production has grown rapidly.
However, with the continuous growth of pomelo production, the industry has experienced a situation of partial overcapacity, and the market price has almost collapsed, resulting in a significant decline in the income of pomelo-producing areas. In the past few years, the price of pomelo has been rising all the time. However, recently, the pomelo market has gradually declined and, especially this year, prices are extremely low. At this stage, the price of pomelo has dropped to 0.8 RMB/kg, and the market sales have also dropped suddenly. The market price of pomelo fruit from different origins is quite different, and the market price of pomelo fruit from the same origin is affected by market supply and demand.
Insufficient exports of pomelos is also one of the main factors leading to the decline of its market price. As of 2020, the annual export volume of pomelo in China is only 170,000 tons, while the number of imported pomelos has increased significantly. China’s pomelo imports have increased from 30,000 tons in 2015 to about 80,000 tons in 2020, and the import quota has increased from $36.66 million in 2015 to $78.68 million in 2020. The number has doubled.
In addition to the pulp, the peel and seeds of pomelo also have great development value. If these components are fully utilized and processed, the utilization rate of pomelo products will be further improved, thereby adjusting the structure of China's pomelo industry. Moreover, in recent years, domestic pomelo product consumption is no longer limited to fresh fruit consumption, and deep processing has been strengthened. Various high value-added products are favored by the market, and the products are diversified. It can be seen that the deep processing of pomelo products may become an important factor for the industry to break the market downturn.
Looking forward to the future, China's pomelo production will continue to grow steadily, consumption will be dominated by the domestic market, import and export will grow steadily, and market competition will become more intense. Deep processing of pomelo products may become a major cause of industry breakthroughs.
Source: chinabaogao.com
