A three-day festival promoting Malaysian durians will be held in China from Oct 19 to 21 in Nanning, said Datuk Seri Ahmad Shabery Cheek. The Agriculture and Agro-Industries Minister said on Wednesday [16 August 2017] that the event is aimed to give mainland Chinese a taste of fresh durians…Full Article: The Star Online Aug 2017
- From 2011 2016, Malaysian durian exports to China increased more than 10-fold to MYR 18.02 million [~USD 4.2 million]. As of 2016, a total of 67 Malaysian companies sold 26 distinct durian products to China.
- In June 2017, it was reported that Chinese investors, in partnership with local Malaysians, owned 121 hectares of durian orchards in Malaysia. During the same month, 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.
- From 2014 to 2016, China’s fresh durian imports declined from 674,760 MTs to 611,090 MTs.
- 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 Kong Trends