China's canned lychee prices increase by 50% year-on-year
Although there are sufficient raw materials for processing, the price of canned lychee in China has increased by 50% year-on-year this year.
Although there are enough raw materials for processing, the price of canned lychee has increased by 50% year-on-year, which astonished international markets, rise could be predict but a huge growth.
Almost 99% of fresh lychees are consumed domestically, while Chinese canned lychees are mainly exported. However, there are two reasons behind the 50% year-on-year increase in the price of canned lychees in China: 1) After the outbreak of the new epidemic, the consumption concept has changed, and the domestic demand for canned fruits in China is stronger than in previous years; 2) The domestic fresh fruit demand is also rising.
