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INTERNATIONAL MARKET REPORT

12/24/2024

VIETNAM

MARKET PULSE

CURRENT EXCHANGE RATE: 25,383
CHANGE FROM LAST MONTH: +0.01%
VOLUME TO DATE: 225 BOXES
CHANGE FROM LAST YEAR: 0%

(SOURCE: WSTFA)

Feedback from the Trade on Their Plans and Interest in the USA Pear Season:

Importers said that the short crop of USA Pears has kept prices high, making it difficult for them to import. The US Dollar continues to maintain high levels, increasing pressure on importers. During trade visits, USA Green Anjou are available in market with small volumes and were distributed to high-end fruit stores at high prices. A small amount of USA Pears will continue to arrive in the market at the end of January to serve the Lunar New Year season.

Expectations for Any Freight or Logistics Challenges:

None at this time.

Opportunities in Your Market for Specific Varieties, Sizes, and Grades:

Importers continue to be interested in three main pear varieties: Green Anjou, Red Anjou and Bosc because of their high crispness, sweet and long shelf life. Fruit size is usually about 90-100.

Update on the Competition in the Market:

The pear market continues to be dominated by Chinese pear varieties with cheap prices and good quality. In supermarkets, Korean pears and South African pears continue to be available in large volumes but maintain high prices, making it difficult to compete with Chinese pears.

Political or Economic Issues Impacting Imports, Retail, or Consumer Behavior:

Vietnam's economy remains stable and is expected to grow by 7% in 2024, however consumers continue to tighten spending, limiting purchases of high-value products.

Other Brief Comments:

None at this time.

USA PEARS: RETAIL PRICING, SIZES, AND GRADES

PRICE RANGE (per lb)
SIZE RANGE
anjou
$0 $5.10 $5.69 $4.50
150 120 100 80 60
GRADES FOR ALL VARIETIES
  • US1: 100%
  • Fancy: %
  • 3rd Grade: %

COMPETITION: RETAIL PRICING AND SIZES

PRICE RANGE (per lb)
SIZE RANGE
COUNTRY
SWEET PEAR
$0 $1.76 $2.32 $4.50
150 120 100 80 60
CHINA
SHINGO
$0 $2.94 $3.73 $4.50
150 120 100 80 60
CHINA
SHINGO
$0 $5.89 $7.07 $4.50
150 120 100 80 60
SOUTH KOREA
FORELLE
$0 $3.73 $4.24 $4.50
150 120 100 80 60
SOUTH AFRICA
World Pear Day at Tony Fruit
World Pear Day at Tony Fruit