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INTERNATIONAL MARKET REPORT

01/24/2025

VIETNAM

MARKET PULSE

CURRENT EXCHANGE RATE: 25,180
CHANGE FROM LAST MONTH: -0.97%
VOLUME TO DATE: 225 BOXES
CHANGE FROM LAST YEAR: %

(SOURCE: WSTFA)

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

Importers said they are still interested in USA Pears, but they are having difficulty finding sources of supply. This season, the selling price is high, so it is a difficult decision to import large volumes, especially sea freight, when the risk is high while the profit is low.

Expectations for Any Freight or Logistics Challenges:

The US dollar continues to be strong. In addition, decree 168 has just been issued with driving time limits and increased administrative fines for illegal driving, which puts pressure on the transportation and delivery process, making it difficult for importers at the end of the year.

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

In January, there was a small amount of Green Anjou pears in the market. USA Pears are distributed mainly in high-end fruit stores due to the small volume and the high price. The Vietnam market continues to be interested in pear varieties such as Green Anjou and Bosc with sizes 90 and 100 because they have high crispness and long shelf life suitable for the market.

Update on the Competition in the Market:

Currently, Chinese pears are completely dominating the Vietnamese pear market in terms of volume. The quality of Chinese pears is also reported to be good from color to quality, crispness and sweetness. Importers report that Chinese pears are selling well due to cheap prices and high demand for year-end worship. Meanwhile, Korean pears are mainly distributed to high-end fruit stores and supermarkets. South African pears are distributed to both traditional markets and supermarkets and are also selling well.

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

Vietnam's economy continues to grow steadily, with GDP growth reaching 7.09% for the whole year. In 2025, the government continues to set a growth target of 6.5 to 7%. Right now, retail systems, shopping malls, and supermarkets, will continue to expand their scale to second-tier cities and rural areas, expanding opportunities for USA Pears to continue their growth momentum in the Vietnam market in the coming years.

Other Brief Comments:

None at this time.

USA PEARS: RETAIL PRICING, SIZES, AND GRADES

PRICE RANGE (per lb)
SIZE RANGE
anjou
$0 $5.89 $7.07 $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
SHINGO
$0 $3.14 $3.93 $4.50
150 120 100 80 60
CHINA
SWEET PEAR
$0 $1.96 $2.55 $4.50
150 120 100 80 60
CHINA
FORELLE
$0 $3.73 $4.71 $4.50
150 120 100 80 60
SOUTH AFRICA
SHINGO
$0 $6.35 $7.93 $4.50
150 120 100 80 60
SOUTH KOREA
HOSUI PEAR
$0 $9.04 $11.44 $4.50
150 120 100 80 60
JAPAN