Search
2024-10-07
With Chinese merchants controlling export prices, Thailand’s longan industry faces uncertain future

September 12, 2024 | Benar News |

Longan, a prized Thai tropical fruit, faces challenges due to over-reliance on the Chinese market, which accounts for 95% of its exports. In 2023, longan exports to China were valued at $400 million. Farmers like Niwat Kantawong express concern about Chinese merchants controlling prices and market conditions, often leading to significant financial instability for growers.

While the Thai longan industry is the largest in the world, the increasing influence of Chinese middlemen has diminished local farmers' bargaining power. Research indicates that since around 2017, farmers have become increasingly dependent on these middlemen, who can dictate prices and quality standards, leaving farmers with little recourse.

Farmers are also burdened by debt and unpredictable income, which discourages younger generations from entering the industry. As Thailand’s main competitor, Cambodia, gains market share, the Thai government is encouraged to seek new markets and improve product quality to maintain competitiveness.

To address these challenges, proposals have been made for diversifying markets and exploring innovative processing methods. Research suggests that expanding into value-added products, such as longan-based spirits or beverages, could safeguard the future of the industry. As the market landscape shifts, the longan sector must adapt to ensure its sustainability and profitability.

Read more

Viewed Articles
With Chinese merchants controlling export prices, Thailand’s longan industry faces uncertain future
September 12, 2024 | Benar News | Longan, a prized Thai tropical fruit, faces challenges due to over-reliance on the Chinese market, which accounts for 95% of its exports. In 2023, longan exports to C
Oct 07, 2024
Read More
Laos to expand durian farming to support commercial fruit industry
April 13, 2025 | The Star | Laos is launching a large-scale durian cultivation project in Attapeu province, aiming to become a key supplier to the Chinese market. The initiative will cover more than 2
DA sees robust pineapple industry in PH; output to hit 3.12M MT
March 19, 2025 | Philippine News Agency | The Philippines’ pineapple industry is set to become more robust in 2024, with projected production expected to surpass 3.12 million metric tons, up from 2.9
Disseminate lychee import regulations of countries to production facilities
April 15, 2025 | HAI DUONG | Hai Duong province is preparing for the 2025 lychee season with a conference in Thanh Ha commune to connect producers and exporters. Attended by five businesses, 48 growin
Philippines’ first frozen durian shipment reaches China
February 20, 2025 | Department of Agriculture | Maylong Enterprises Corp., a Davao-based company, became the first in the Philippines approved to export frozen durian meat and paste to China. On Febru
2025.03.27
Beltangady: Coconut crunch in despite soaring market rates
April 14, 2025 | Daijiworld | Coconuts and tender coconuts have become scarce in coastal Karnataka, despite strong market demand and rising prices. Daily essentials for rituals and summer hydration, c
TOP