China - Domestic apple volumes severely reduced

28.09.2022 742 views

After the Mid-Autumn Festival this year, the price of early-ripening apples in the market has dropped significantly. The decline in high-quality fruit is about 2RMB/kg. The main reason for the price decline is the early Mid-Autumn Festival this year. In order to catch up with the Mid-Autumn Festival market, the sales rhythm was disrupted, and the supply was concentrated in the market which exceeded demand. Coupled with the frequent occurrence of typhoon weather some time ago, and after the Mid-Autumn Festival stocking is over, merchants are reluctant to purchase at high prices. It is normal for the market to return, but the price is higher than in the same period last year.

At present, the early-ripening apples are entering the final stage. After the price fell, the number of purchasers in the production area increased. The price bottomed out and rebounded. The price of early-ripening apples in each production area rose slightly. Now, the late-ripening apples in various producing areas have started to order one after another, and it will take more than ten days to wait until a large number of them are listed. It is reported that the price of high-quality products in the producing area has exceeded 12RMB/kg.

Early-ripening apples will go out of the market and there are not many late-ripening apples in the market yet, so it is a foregone conclusion that prices will rise during National Day. If the production area encounters rainy weather or extreme weather after the bags are taken off during this period, it will further affect the good fruit rate. Last year, many apples in the production area were affected by continuous rainy days after the bags were removed, the coloring was not good, and the purchase price of good fruit was pushed up. Whether the market after the National Day can be maintained depends on the actual digestion capacity of the market during the National Day.

This year's apples are in a year of reduced production. It is reported that the reduction in production is around 20%. Although this year's apple market is better than last year, apart from the fact that the cost of bagging has not risen much, the costs of pesticides, fertilizers and labor have all risen. With few remaining profits, the production efficiency of apples has been declining year by year, not only apples but also traditional fruits such as citrus and pears.

Reduced production efficiency, rising prices of production materials, serious aging of fruit farmers, and lack of rural labor force have all led to more and more fruit farmers leaving the industry. Large-scale felling of fruit trees, abandonment of orchards and other phenomena are frequent. This year, fruit trees have been cut down heavily in the northwest region, with an overall cut of about 300,000 hectares. The reduction in yield is also a sure thing. In addition, Shandong, Henan, Hebei and other places have implemented the policy of returning forests to farmland, and the local apple planting area has been greatly reduced.

Source - https://www.freshplaza.com

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