Japanese fruit prices rise in HK

For fresh fruit and vegetable marketing and distribution in Asia
Tom Joyce

BY TOM JOYCE

@tomfruitnet

Japanese fruit prices rise in HK

Shoppers in Hong Kong are likely to see prices of Japanese food imports increase due to soaring demand from mainland Chinese consumers

Japanese fruit prices rise in HK

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Prices of Japanese food imports are rising steadily in Hong Kong due to high demand from bulk-buying mainland Chinese consumers, according to a report from EJ Insight.

The website referenced a story by a local paper which claimed that mainlanders were packing their cross-border vans with goods, especially high-end produce, from Yau Ma Tai fruit market.

The most popular item among such consumers is apparently Japanese white grapes which, at only HK$250 per 500g, are twice as cheap as from mainland online shopping sites.

According to EJ Insight, this spells trouble for local high-end supermarket shoppers who can expect to see a surge in fruit prices in the lead-up to the Mid-Autumn Festival, during which healthier choices like starfruit, strawberries and grapes are growing in popularity.

Last year, Hong Kong accounted for over 24 per cent of Japan's food exports, receiving a total of US$1.48bn, according to the Trade Development Council.

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