Jun. 3 – Fruit prices continue to rise in China, the wholesale prices of apples and pears has recently doubled, according to Chinese media reporting recently. Chinese consumers increase demand for top-quality imported fruit, some Chinese fruit importers, fruit importing firms busier than ever with import and export, sales and distribution, and end-stage retail.
More fruit imports to China than exports for the first time
Recently, a China report “ China’s Rural development, analysis and predictions” revealed that, for the first time, China experienced a rare trade deficit in the import and export of fruit in 2018, there are more fruit imports to China than exports. China fruit imports/exports data shown that in 2018 China imported 5.5 million tons of fruit and valued $8.42 billion, a growth of 34.5% in contrast with 2017. China fruit export valued $7.16 billion in 2018, a growth of 1.2% in contrast with 2017. China fruit imports/exports deficit stretched to $1.26 billion in 2018. For the first time, even not forever, China fruit imports surpassed exports. Products origins mainly were Asian countries, such as Vietnam, the Philippines, Thailand, and Chile is the only country that recent years occupied an increasing position in China fruit market. Among others, cherries, durian, bananas, grapes, and oranges contributed the most in total value of China fruit import in 2018, according to data from China’s General Administration of Customs. Fruit imports to China beat exports that something has never happened before.
Chilean fruit catches Chinese consumers’ eye
China market demand drives fruit import high, a good example came from Chile’s fruit in China, Chinese consumers have a lot experiences with Chile’s fruits, as a market insider described. With China as its leading trade partner and one of its top markets for Chile’s fresh fruits, the country earns about 1 billion dollars from exports to China alone. Chile exported a record 2,781,092 tons of fruit in the 2017-2018 seasons, driven by brisk sales to China. According to a report from Chile’s ASOEX, the record marked a 6.7% increase over the previous season; a major reason for the record figure is booming exports to Asia, especially China. Chilean cherry and cranberry exports have been “exceptional” year thanks to the demand from the Chinese market. Sales of cherries and cranberries to Asia led the rise in export volume, with cherry sales jumping 96 percent, making cherry Chile’s third-leading export fruit. More than 90% of the cherry exports were shipped to China; related authority believes that China will be the leading market for Chilean fruit exports.”
Fruit prices continue rise, 78% climbed, consumers shocked & authority concerned
In May this month, Chinese consumers shocked by 78% fruit price soar. A market insider revealed to Beijing media that “currently, the average price of fruits at local Wholesale Center is 6.15 yuan ($0.89) per kilogram, an increase of approximately 78% from the same period last year. According to information shared from Chinese netizens, lychee is now 60 yuan ($8.72) per pound in Chengdu City, Sichuan Province. In many places, consumers pay 10 yuan ($1.45) for one kiwi fruit. Two bunches of grapes would cost over 80 yuan ($11.60). A salesperson at the wholesale center stated that compared with last year, 80% of the fruits have had a price increase. The price climb affects apples, citrus, kiwi and pears, shocked public, concerned consumers, awaken even local authorities in Beijing. Chinese statistics bureau stated high fruit prices will not last on 15 May, 2019, further explained that the fruit price continued to rise mainly as a result of extreme weather conditions combined with the regular, seasonal price increase. The seasonal price increase, however, is only temporary. The price of fresh fruit will not maintain its high position. The overall price will not increase much as a result of inflation. The average price is stable and strong.
China fruit market for growers/imports/exports trades
Looking at China fruit market, certainly, there are some challenges, but also chances. Obviously with almost 1.4 billion populations, the amount of fruit consumption can’t be undervalued. Today, with government mobilize its citizen to live a healthy life style, and fruit consumption continue rise in China, Chinese consumers have become more “selective” as a result of their rising income levels. China’s agricultural industry is in the process of upgrading itself, but many agricultural products do not meet the new standards of Chinese consumers who can afford to purchase imported fruit instead. With the rising demand of Chinese consumers for various fruits, the Chinese fruit industry is working towards stronger brands and a higher product quality in response, at the same time, the volume of imported fruit is still growing, domestic fruit strives with imported fruit in the Chinese market, the changing situation of demand and supply of fruit products in China creates opportunities for fruit traders, growers, fruit imports/exports businesses, there will be more fruit import to China. For the List of Chinese Importers for Fruits Products is available upon request, please contact with DCCC – the organization assists foreign companies to connect with reliable Chinese importers, distributors for consumers Goods, food-Beverages. Email to: email@example.com