Masses of hundreds of thousands of Chinese language individuals are loopy about durian, spending a number of billion bucks every yr to shop for it. Vietnam additionally gained giant because of exports, the proceeds from promoting the “king fruit” in 9 months had been estimated at 2.5 billion USD – an extraordinary report in historical past.
In 2023, durian export turnover will succeed in 2.24 billion USD. Accordingly, durian turned into a brand new billion-dollar fruit (in the past dragon fruit), and in addition ranked some of the best vegetables and fruit with the perfect export turnover of the yr.
China is the primary export marketplace, accounting for 96.8% of the full export turnover of Vietnam’s durian business final yr.
At the afternoon of September 27, proportion with VietNamNetMr. Dang Phuc Nguyen – Basic Secretary of the Vietnam Fruit and Vegetable Affiliation, reported that durian exports earned 2.5 billion USD in simply 9 months this yr in line with initial estimates of the affiliation. This is, the export turnover of the “king fruit” has damaged the report of two.24 billion USD for the entire yr of 2023.
Durian exports to China proceed to extend sharply in comparison to final yr. Picture: Manh Khuong
“It is only been 9 months, however 2.5 billion USD is already a ancient report quantity for the durian business, and in addition a report quantity for an exported fruit and vegetable,” he emphasised. Of which, export turnover to the Chinese language marketplace on my own is estimated at 2.3 billion USD.
Consistent with Mr. Nguyen, Vietnam’s durian exports this yr will no doubt exceed the three billion USD mark. As a result of October is the time to reap this fruit in rising spaces with massive yields comparable to Gia Lai and Lam Dong. The low season durian within the Western provinces can also be harvested within the final months of this yr.
This may be the time when competition comparable to Thailand and Malaysia have completed their harvest season, so the cost of Vietnamese durian can be very top.
Lately, the cost of durian in rising spaces bought on the lawn levels from 42,000-95,000 VND/kg relying at the sort. This value is helping farmers earn very top income from the billion-dollar fruit.
The director of a durian export industry in Dak Lak stated that this yr’s durian value isn’t as top as final yr however is extra strong. This makes it a lot more straightforward for companies to buy durian to pay for export orders.
This yr, this industry plans to export about 500 packing containers of unpolluted durian to the Chinese language marketplace. Lately, companies focal point on buying items to satisfy the desires of companions.
Vietnamese durian is extremely preferred for its high quality in comparison to Thai merchandise, and the cost may be extra aggressive. Because of that, the volume of durian exports has greater and there may be nonetheless a lot room for building within the Chinese language marketplace, the above director stated.
Durian export turnover is predicted to exceed 3 billion USD this yr. Picture: Manh Khuong
In regards to the export of frozen durian, the chief of the Vietnam Fruit and Vegetable Affiliation stated: “Companies are finishing procedures for approval of rising space codes and packaging amenities to export this product to the Chinese language marketplace.” ”.
With the present growth, Mr. Nguyen expects that subsequent November he’ll be capable to export the primary batches of frozen durian to the billion-dollar marketplace.
Vietnam ranks 3rd on this planet in durian space and output (just about 1.2 million lots) after Indonesia (1.8 million lots) and Thailand (greater than 2.32 million lots) via 2023.
Mr. Nguyen Quang Hieu – Deputy Director of the Plant Coverage Division (Ministry of Agriculture and Rural Construction) – stated that every yr China imports recent durian value 7 billion USD and is predicted to exceed 10 billion USD within the subsequent yr. following few years.
As well as, China additionally spends 1 billion USD on frozen durian and is predicted to extend swiftly over time.
Particularly, our nation has formally exported recent durian to China since mid-2022. Ultimate August, Vietnam and China signed a Protocol to export frozen durian to markets of greater than 1.4 million. This billion other folks.
The Ministry of Agriculture and Rural Construction additionally calculated that frozen durian exports may just succeed in a turnover of 400-500 million USD in 2024 – the primary yr after signing the protocol and can seem within the checklist of agricultural merchandise. exports value billion USD in 2025.