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8%
.
Mangosteen is known as the "Queen of Thai Fruits", with good export growth, and it is Thailand's third largest export economic fruit variety
.
Although Thailand has been affected by the epidemic since July , domestic mangosteen prices have fallen sharply, with the highest drop reaching 50%
.
Coupled with the supply disruption caused by the epidemic, exports have shrunk
.
However, due to the promotion of overseas market demand, the average export price of Thai mangosteen in the first half of the year was at a high level
.
Entering September, Thailand's Kaitai Research Center believes that from September to December, Thailand's mangosteen export volume will slow down due to the decrease in supply
.
The supply disruption caused by the epidemic will only have a short-term impact, and it will get better thereafter
.
Overseas market demand may be able to drive up the export price of mangosteen, but it still cannot make up for the loss caused by the decrease in supply due to seasonal factors
.
The Kaitai Research Center predicts that the total export value of Thailand's mangosteen in 2021 will be approximately US$540-560 million (approximately RMB 3.
485-3.
614 billion), a year-on-year increase of 14.
6-18.
8%
.
.
The supply disruption caused by the epidemic will only have a short-term impact, and it will get better thereafter
.
Overseas market demand may be able to drive up the export price of mangosteen, but it still cannot make up for the loss caused by the decrease in supply due to seasonal factors
.
The Kaitai Research Center predicts that the total export value of Thailand's mangosteen in 2021 will be approximately US$540-560 million (approximately RMB 3.
485-3.
614 billion), a year-on-year increase of 14.
6-18.
8%
.
The Kaitai Research Center believes that the most urgent need to solve is the supply interruption problem
.
Although its impact is only short-term, if it is solved well, these experiences will help solve the problem of labor shortages for harvesting other vegetables/fruits in the next season, so as not to repeat the same mistakes
.
Officials should play an important role in promoting and systematically deploying labor resources, including providing labor cost support and developing agricultural harvesting skills suitable for each region
.
.
Although its impact is only short-term, if it is solved well, these experiences will help solve the problem of labor shortages for harvesting other vegetables/fruits in the next season, so as not to repeat the same mistakes
.
Officials should play an important role in promoting and systematically deploying labor resources, including providing labor cost support and developing agricultural harvesting skills suitable for each region
.
As for the medium-term issue, the Kaitai Research Center believes that Thailand’s sustainable competitiveness in the international market should be actively improved
.
While accelerating the research and development of high-quality mangosteen varieties that can maintain high yields, apply new age agricultural technology to help increase the yield and quality of mangosteen, including improving the efficiency of planting, maintenance and preservation
.
At the same time, mangosteen processing also plays an important role in adding value to products, increasing product diversification, and upgrading products to high-quality health foods
.
In addition, Thailand should expand exports to other potential markets such as the United States and stimulate domestic demand to ensure that Thai mangosteen can continue to grow
.
.
While accelerating the research and development of high-quality mangosteen varieties that can maintain high yields, apply new age agricultural technology to help increase the yield and quality of mangosteen, including improving the efficiency of planting, maintenance and preservation
.
At the same time, mangosteen processing also plays an important role in adding value to products, increasing product diversification, and upgrading products to high-quality health foods
.
In addition, Thailand should expand exports to other potential markets such as the United States and stimulate domestic demand to ensure that Thai mangosteen can continue to grow
.
In terms of market competition, Indonesia's main competitor participates in the competition for market share in China, which is a greater challenge facing Thailand
.
In terms of planting scale and production in Thailand and Indonesia, both are large mangosteen countries in Southeast Asia
.
However, Thailand can still occupy the largest share of the Chinese market because of the unique flavor of Thai mangosteen and Thailand is very familiar with the Chinese fruit market
.
Coupled with its geographical location close to China and convenient transportation, the Thai mangosteen can maintain its freshness and quality
.
It is reported that in the past three years (2018-2020), the production of mangosteen in Indonesia has been supported by official policies and has grown rapidly
.
In 2020, Indonesia's mangosteen production is close to Thailand's 320,000 tons, but it is mainly supplied for domestic sales
.
Thailand’s mangosteen export volume is currently 6 times higher than that of Indonesia.
If Indonesia can rapidly increase its export volume in the future, it may still affect Thailand’s future competitiveness
.
.
In terms of planting scale and production in Thailand and Indonesia, both are large mangosteen countries in Southeast Asia
.
However, Thailand can still occupy the largest share of the Chinese market because of the unique flavor of Thai mangosteen and Thailand is very familiar with the Chinese fruit market
.
Coupled with its geographical location close to China and convenient transportation, the Thai mangosteen can maintain its freshness and quality
.
It is reported that in the past three years (2018-2020), the production of mangosteen in Indonesia has been supported by official policies and has grown rapidly
.
In 2020, Indonesia's mangosteen production is close to Thailand's 320,000 tons, but it is mainly supplied for domestic sales
.
Thailand’s mangosteen export volume is currently 6 times higher than that of Indonesia.
If Indonesia can rapidly increase its export volume in the future, it may still affect Thailand’s future competitiveness
.