Australian fruit and nut exports to China up 500% in last four years
ANZ Future of Fresh reports that fruit and nut exports from Australia to China have increased by 500% in the last four years.
This report, which appeared in China this week, shows that the development of horticulture already shows great improvement. It has turned into an industry that is worth 10 billion Australian dollar [7.7 billion USD]. Furthermore, it is the fourth largest category of agricultural export products. The industry was only worth 3 billion Australian dollar [2.3 billion USD] in 2016.
Trends and figures show that the middle class has become a strong supporting community for the Australian fruit and nut industry. The consumers particularly favour almonds, macadamia, tropical fruit and stone fruit, and traditional apples and fresh grapes - and they are willing to pay for quality.
Publication date: 3/19/2018
Author: SanderM Molenaar