China’s robust demand drives up lychee prices in Vietnam
May 21, 2024 | Produce Report |
Adverse weather conditions have led to a sharp decline in China's lychee production, causing market prices to rise. Vietnam's lychee season has also been affected, with Bac Giang province experiencing a 50% decrease in output compared to last year. This reduction is attributed to similar weather patterns during the flowering stage as seen in China. Despite the decrease in production, demand remains high, resulting in increased prices. Grade 1 lychees now sell for nearly 60,000 Vietnamese dong per kilogram, up from previous years. Chinese traders have begun arriving in Bac Giang to procure lychees, with over 200 traders visiting in 2023. In Huyen Thanh County, Hai Duong province, lychee production is expected to halve from last year, but improved quality is anticipated to drive prices up by 10-20%. The region's first batch of lychees was exported to Australia, with plans to export to additional markets like France, Thailand, Singapore, and Canada this year.
Read more
Viewed Articles
May 21, 2024 | Produce Report | Adverse weather conditions have led to a sharp decline in China's lychee production, causing market prices to rise. Vietnam's lychee season has also been affect
June 23, 2024 | The Naiton | Thailand's export growth in May was significantly boosted by four key fruits: durian, mangosteen, longan, and mango, as reported by the Commerce Ministry. These fruits
Read More
October 22, 2024 | Krishak Jagat | Global demand for Mangosteen, the “Queen of Fruits,” is surging, surpassing avocados in popularity and fetching premium international prices. Farmers in India, parti
March 10, 2025 | indiacsr | On International Women’s Day, Odisha’s Saptasajya Agro Producer Company exported 1 metric ton of premium green papaya to London, marking a significant achievement for women
March 13, 2025 | Fresh Fruit Portal | The U.S. avocado market faces uncertainty following the announcement of potential tariffs on Mexican avocados. Although Mexican avocados have enjoyed tariff-free
February 11, 2025 | Viet Nam News | Dragon fruit prices in Tiền Giang Province remain high after the Lunar New Year due to strong demand from China and domestic markets. Farmers are harvesting from 4,
March 13, 2025 | The Produce News | California’s avocado market in 2025 looks promising, with an expected crop of 365 to 375 million pounds. This is similar to 2024’s yield but under better-prepared m
