Price for Fruit, Edible; Durians, Fresh in China - 2023

Contents:

  1. Price for Fruit, Edible; Durians, Fresh in China (CIF) - 2023
  2. Price for Fruit, Edible; Durians, Fresh in China (FOB) - 2022
  3. Imports of Fruit, Edible; Durians, Fresh in China
  4. Exports of Fruit, Edible; Durians, Fresh in China

Price for Fruit, Edible; Durians, Fresh in China (CIF) - 2023

The average fruit, edible; durians, fresh import price stood at $4,647 per ton in June 2023, dropping by -1.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 10% m-o-m. Over the period under review, average import prices reached the maximum at $5,784 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Thailand ($4,884 per ton), while the price for Vietnam totaled $4,270 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (+0.5%).

Price for Fruit, Edible; Durians, Fresh in China (FOB) - 2022

In 2022, the average fruit, edible; durians, fresh export price amounted to $883 per ton, with an increase of 3.7% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 23% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,890 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +9.8% per year.

Imports of Fruit, Edible; Durians, Fresh in China

Fruit, edible; durians, fresh imports into China totaled 825K tons in 2022, therefore, remained relatively stable against 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, fruit, edible; durians, fresh imports fell to $4B in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 82% against the previous year. As a result, imports attained the peak of $4.2B, and then shrank in the following year.

Import of Fruit, Edible; Durians, Fresh in China (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1.62.34.23.833.4%
VietnamN/AN/AN/A0.20%
OthersN/AN/AN/AN/A0%
Total1.62.34.24.035.7%

Top Suppliers of Fruit, Edible; Durians, Fresh to China in 2022:

  1. Thailand (784.0K tons)
  2. Vietnam (40.9K tons)

Exports of Fruit, Edible; Durians, Fresh in China

In 2022, after three years of growth, there was decline in overseas shipments of fruit, edible; durians, freshes, when their volume decreased by -4.1% to 7.9 tons. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 9.7%.

In value terms, fruit, edible; durians, fresh exports dropped slightly to $6.9K in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 1.2%. As a result, the exports attained the peak of $7K, leveling off in the following year.

Export of Fruit, Edible; Durians, Fresh in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR6.65.56.96.81.0%
MalaysiaN/A0.9N/AN/A0%
Others0.20.50.10.1-20.6%
Total6.86.97.06.90.5%

Top Export Markets for Fruit, Edible; Durians, Fresh from China in 2022:

  1. Hong Kong SAR (7.7 tons)

Source: IndexBox Market Intelligence Platform

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