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Fruit and veg gaining value for China

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  • Rebecca Chopin
    By Dominique Patton 11/30/2006 - China, producer of half the world s fruit and vegetables, is set to overtake the Netherlands in the next two to three years to
    Message 1 of 1 , Nov 30, 2006
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      By Dominique Patton

      11/30/2006 - China, producer of half the world's fruit and vegetables,
      is set to overtake the Netherlands in the next two to three years to
      become the world's third biggest fresh produce exporter in value
      terms, predicts a new report from agriculture specialists at Rabobank.

      The country, which exploits low labour costs to become the dominant
      grower of produce like persimmons, pears and asparagus, exported fruit
      and vegetables worth US$7.2 billion last year, according to data from
      Rabobank and the United Nations.

      This amounted to 7.19 per cent of the global trade, behind the
      Netherlands, the US and top exporter Spain.

      Increasing volumes of fruit and vegetable exports, particularly to
      currently small markets like the EU and US, are expected to drive this
      increase in value, in combination with stronger sales of higher
      value-added products.

      "The proportion of added-value processed and prepared products
      compared to fresh has been increasing," said Patrick Vizzone, head of
      the bank's food and agricultural advisory and research unit for Asia.

      FULL STORY:
      http://www.foodnavigator-usa.com/news/ng.asp?n=72418&m=1FNUN30&c=yhpgkjfymtnzesv
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