In 2024, durian exports will reach 2 - 2.5 billion USD

According to records in the Southwest region, beautiful Ri6 durian today, September 5, 2023, costs about 55,000 - 59,000 VND/kg; Ri6 durian in bucket costs about 45,000 - 52,000 VND/kg, unchanged from the previous day.

In the Southeast and Central Highlands regions, beautiful Ri6 durian on September 5, 2023 cost about 55,000 - 58,000 VND/kg; Ri6 durian in bucket cost about 45,000 - 50,000 VND/kg, unchanged from the previous session.

It is forecasted that durian exports in 2024 will reach 2 - 2.5 billion USD.

On September 5, 2023, the price of beautiful Thai durian decreased by VND 5,000/kg compared to September 4, dropping to VND 80,000 - 85,000/kg. At the same time, the price of Thai durian bought in bulk also decreased by VND 5,000/kg, currently being purchased by traders at VND 70,000 - 78,000/kg. This is also the price of Thai durian (two beautiful types, selected and bought in bulk) recorded in the Southeast and Central Highlands provinces.

Meanwhile, in Dak Lak, durian harvest season has begun. Durian traders and brokers spread out to all gardens to close deals at high prices. According to gardeners, Ri6 products have increased to 60,000 - 62,000 VND/kg at times, while Thai products cost 90,000 VND/kg.

In Dak Nong, some areas have entered the end of the harvest season but prices are still increasing. Currently, the price of Thai durian has "jumped" to 90,000 - 100,000 VND/kg depending on the type.

Previously, in early August 2023, Thai durian was purchased in the garden at a price of 70,000 - 80,000 VND/kg.

Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, informed that durian prices in the Central Highlands region have reached a record high. The reason is that, currently, only our country still has durian to harvest, other countries such as Thailand and Malaysia have finished their durian season.

"This is the advantage of Vietnamese durian when officially exporting to the Chinese market. Other countries only have a certain durian season in the year, but in Vietnam, the durian season is spread out, yielding harvests all year round," said Mr. Dang Phuc Nguyen.

Specifically, the durian season in Vietnam starts in March, the Southwest region is in the main season and lasts until May; April - July is the main durian season in the Southeast region; from July - October is the main season in the Central Highlands region; from November to March of the following year, the off-season durian in the West is harvested.

According to the General Department of Customs, in the first 8 months of 2023, durian exports earned nearly 1.3 billion USD, leading the export turnover of fruits and vegetables. With this export momentum, Mr. Dang Phuc Nguyen predicted that durian exports are likely to bring in 1.6 - 1.7 billion USD.

China is the world's largest consumer of durian, importing several billion dollars worth of it each year. China has also experimented with growing durian in Hainan. There are currently many different opinions surrounding this fruit.

Regarding this, Mr. Dang Phuc Nguyen assessed that China's durian cultivation does not necessarily produce fruit, and the fruit does not necessarily taste good. Because durian trees are picky about soil and climate, too much sun or too much rain is not good. Durian cultivation in areas without water will be very difficult. China grows durian in Hainan, an area that suffers from many storms, and the shaking trees will have difficulty setting and keeping fruit. It will take 10 years to be successful.

“Durian from the Philippines and Thailand is only available seasonally, while Malaysia is only allowed to export frozen durian to the Chinese market. If we do a good job in growing and packaging, in the next 10 years our country will not have to worry about the market for durian,” said the leader of the Vietnam Fruit and Vegetable Association.

If by 2024, Vietnamese durian has more growing area codes granted by Chinese authorities, the potential for durian exports to reach 2 - 2.5 billion USD.

According to Mr. Dang Phuc Nguyen, Thailand is currently cutting down many mangosteen trees to switch to growing durian. Cambodia also grows durian. If Vietnam does not grow durian, it will lose its opportunity.

The advantage of Vietnamese durian is that it is available all year round. In addition, we have the advantage of transportation time. “First is distance, second is speed”, the transportation distance is short so the logistics cost of bringing durian to China from our country is much cheaper than that of our competitors in Thailand and Malaysia.

Vietnamese durian products not only compete in quality but also compete with Thai durian in price.

The global durian market is worth tens of billions of USD. In the Chinese market alone, a few years ago they imported 4 billion USD/year, this number has increased because before that they mainly imported goods from Thailand (Thailand supplied 90% of the Chinese market).

The market absorption of durian in this market is still large, because the amount of durian they previously imported from Thailand only served the needs of about 200 - 300 million people. In other words, only a part of consumers in China can eat durian because the price of this fruit is expensive.

With a Chinese market of 1.4 billion people, quality Vietnamese durian at affordable prices will serve a large number of Chinese consumers.

Source link: https://congthuong.vn/nam-2024-xuat-khau-sau-rieng-se-dat-2-25-ty-usd-270499.html