Companies and businessmen from China are hankering for one of Malaysia’s most famous exports – the Musang King. China Press reported that many Chinese nationals are keen to acquire orchards in Malaysia, to ride on the durian craze in their country. They want to handle every aspect of the business, from planting to harvesting to exporting the king of fruits…Full Article: The Star Online June 2017
- Chinese investors, in partnership with local Malaysians, reportedly own 121 hectares of durian orchards in Malaysia.
- In June 2017, the Chinese price of frozen Musang King durian (300 gram packet) ranged from CNY 93 to CNY 105 [USD 13.85 to USD 15.63].
- In March 2017, Thailand’s ThaiFarmFresh (TFF) and China’s Harvest Season Group signed a MoU on suppling fresh-cut (packaged, extended shelf-life of 15 days) durian fruit at the Thai consulate in Shanghai. Thailand primarily supplies ‘Golden Pillow’ (aka Monthong) durian to the Chinese market.
- Grown throughout Southeast Asia where it is known as the “king of fruits”, durian was the number one re-exported fruit in terms of total volumes. In 2014, Hong Kong imported ~358,200 MTs of durian and exported ~332,500 MTs, meaning roughly 93% of all imports were shipped to mainland China. When considering all shipment volumes from 2010 to 2014, Hong Kong re-exported 89% of all imports on average. Equally as impressive is that Thailand had a near monopoly on the Hong Kong durian trade. Thai supply has steadily increased over time, denoting healthy market growth. In 2014, Hong Kong’s durian imports totaled just under US$280 million.
Hong King Trends