The production process of dragon fruit includes planting, harvesting, cleaning, sorting, and packaging. It is widely used in fresh consumption, juices, ice creams, and desserts. Due to its distinct flavor and nutritional value, dragon fruit is favored in global markets. Additionally, its flowers and stems have medicinal properties used in traditional medicine.
In the Asia-Pacific region and globally, Vietnam, Thailand, and Malaysia are major dragon fruit exporters. According to the publisher, Vietnam is the largest producer and exporter of dragon fruit. Dragon fruit has been a major export fruit of Vietnam for many years due to its high quality and competitive prices in international markets. The Vietnamese dragon fruit industry benefits from favorable climatic conditions and experienced cultivation techniques, continually expanding its export market.
Although the cultivation area and export volume of dragon fruit in Vietnam have decreased in recent years, the country remains a global leader. Currently, Vietnam has nearly 55,000 hectares of dragon fruit plantations, producing over 1 million tons annually, with 80-85% of the production intended for export. Favorable soil and climatic conditions enable large-scale year-round production. Major growing areas include Binh Thuan, Long An, and Tien Giang provinces, known for their suitable climate and fertile soil. With advancing agricultural technology and increasing market demand, Vietnam's dragon fruit exports are a crucial pillar of its agricultural exports.
In 2023, Vietnam was one of the world's largest fruit exporters, with dragon fruit being the second highest exported fruit after durian.
According to the publisher, the annual export value of Vietnamese dragon fruit once reached US$ 1 billion. Despite a decline in the past three years, the annual export value still exceeds US$ 600 million, with potential for recovery. In 2023, Vietnam's dragon fruit export volume was nearly 600,000 tons, with an export value of approximately US$ 600 million. In the first five months of 2024, the cumulative export value was around US$ 260 million.
According to the publisher, from 2021 to 2024, major destinations for Vietnamese dragon fruit exports included China and India. Companies importing this product from Vietnam include NONG LE CHAN, CHONGQING HONGJIU FRUIT, and SHANGHAI GOODFARMER BANANA CO., LTD. Many dragon fruit exporters are subsidiaries of international fruit distributors. Major exporters in Vietnam include SONG DAT IMP EXP TRADING CO., LTD., NÔNG THỊ SINH, and CÔNG TY TNHH XUẤT NHẬP KHẨU YUELAIMEI.
Overall, due to numerous free trade agreements, the global recovery in agricultural product demand, and reduced shipping costs, Vietnam's dragon fruit exports still have opportunities and growth potential. The publisher predicts the global demand for Vietnamese dragon fruit will continue to rise in the coming years. The export of Vietnamese dragon fruit is expected to maintain a growth trend, driven by these favorable conditions and the increasing international market demand.
Topics covered:
- The Import and Export of Dragon Fruit in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Dragon Fruit in Vietnam (2021-2024)
- Total Export Value and Percentage Change of Dragon Fruit in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Dragon Fruit in Vietnam (January-May 2024)
- Total Export Value and Percentage Change of Dragon Fruit in Vietnam (January-May 2024)
- Average Export Price of Dragon Fruit in Vietnam (2021-2024)
- Top 10 Export Destinations for Vietnam Dragon Fruit and Their Import Volume
- Top 10 Suppliers in the Export Market of Dragon Fruit in Vietnam and Their Export Volume
- Top 10 Buyers in the Export Market of Dragon Fruit in Vietnam and Their Import Volume
- How to Find International Distributors and End Users of Dragon Fruit in Vietnam
- How Foreign Enterprises Enter the Dragon Fruit Export Market of Vietnam
- Forecast for the Export of Dragon Fruit in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- NONG LE CHAN
- CHONGQING HONGJIU FRUIT
- SHANGHAI GOODFARMER BANANA CO. LTD.
- SONG DAT IMP EXP
- NÔNG THỊ SINH
- CÔNG TY TNHH XUẤT NHẬP KHẨU YUELAIMEI
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | August 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 630 Million |
| Forecasted Market Value ( USD | $ 912 Million |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
