(VAN) In 2024, China significantly increased its import of Vietnamese durian while reducing imports from Thailand, helping Vietnamese durian gain market share in this market.
Vietnamese durian accounts for nearly half of the durian imported into China.
According to China’s Customs, in the first 11 months of 2024, the country imported a total of 1.53 million tons of durian, worth 6.83 billion USD, reflecting a 9.4% increase in volume and a 3.9% increase in value compared to the same period in 2023. During this period, China notably increased its durian imports from Vietnam, the Philippines and Malaysia, while reducing its imports from Thailand.
Specifically, Vietnamese durian accounted for 47% of China’s total durian imports in the first 11 months of 2024, marking a significant rise compared to just 35% in 2023. On the other hand, Thailand’s market share saw a decline, dropping from 65% in 2023 to 52% in the same period of 2024. Durian from the Philippines took the third spot in market share in China, with a total of 13.000 tons valued at 32 million USD.
In addition, China also imported a small quantity of Malaysian durian – 245 tons, valued at 4 million USD – during the same period. The average price of Malaysian durian was exceptionally high, at over 17.000 USD per ton, significantly surpassing the prices of durian from Thailand, Vietnam and the Philippines, which ranged from slightly over 2.400 USD to just under 5.000 USD per ton.
Agriculture News | Agri Products Price