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Vietnam Cashew Market Report – By the end of April 2021, the Vietnam cashew industry imported more than 1.15 million tons of Raw Cashew Nuts (RCN), worth 1.83 billion USD, up 286.9% in volume and 313% in value compared to the first 4 months of 2020. The average import price of Raw Cashew Nuts (RCN) to Vietnam in the first four months of 2021 is estimated at US$1.580/ton. => More Market Report here: Cashew Market Report
The increase in raw cashew nut (RCN) imports is due to the unusual weather causing damage to the cashew nut harvest in Vietnam and heavy rain in cashew growing provinces such as Binh Phuoc, Dong Nai, at the right harvest time people unable to dry, affecting the quality of cashew nuts.
Top 5 Countries Exported Raw Cashew Nuts (RCN) to Vietnam
Top 5 Countries Exported Raw Cashew Nuts (RCN) to Vietnam in the First 4 Months of 2021:
- Cambodia: 836.712 tons of Raw Cashew Nuts (RCN), worth 1.395 billion USD.
- Tanzania: 131.757 tons of Raw Cashew Nuts (RCN), worth 191 million USD.
- Côte d’Ivoire: 76.016 tons of Raw Cashew Nuts (RCN), worth 102,8 million USD.
- Gana: 23.316 tons of Raw Cashew Nuts (RCN), worth 25,6 million USD.
- Indonesia: 17.949 tons of Raw Cashew Nuts (RCN), worth 22,95 million USD.
Top 5 Countries Exported Raw Cashew Nuts (RCN) to Vietnam in the First 4 Months of 2021
Cambodia Exported RCN to Vietnam Increased 420%
Raw Cashew nuts imported from Cambodia to Vietnam are dominant, with the highest growth compared to the same period a year ago. Specifically, the total volume of raw cashew nuts imported from Cambodia into Vietnam in the first 4 months of the year was 836,712 tons, worth 1.395 billion USD. Only in the first 4 months of this year, Cambodia export nearly 840,000 tons of cashew nuts to Vietnam, the highest level in history, and surprised all cashew producing and exporting countries in the world.
- Compared of Volume to First 4 Month 2020: the import volume of Cambodia’s RCN increase 420%
- Compared of Value to First 4 Month 2020: the import worth of Cambodia’s RCN increase: 577%.
Cambodia Exported RCN to Vietnam volume Increase 420%, worth of RCN increase: 577%.
Tanzania Exported RCN to Vietnam Increased 140%
The total volume of raw cashew nuts Tanzania Exported to Vietnam in the first 4 months of the year was 131.757 tons, worth 191 million USD.
- Compared of Volume to First 4 Month 2020: the exported volume of Tanzania’s RCN to Vietnam increase 140%
- Compared of Value to First 4 Month 2020: the exported worth of Tanzania’s RCN to Vietnam increase 112%
Tanzania Exported RCN to Vietnam, volume Increase 140%, worth of RCN increase 112%
Côte d’Ivoire Exported RCN to Vietnam Increased 306%
The total volume of raw cashew nuts Côte d’Ivoire Exported to Vietnam in the first 4 months of the year was 76.016 tons, worth 102,8 million USD.
- Compared of Volume to First 4 Month 2020: the exported volume of Côte d’Ivoire’s RCN to Vietnam increase 306%
- Compared of Value to First 4 Month 2020: the exported worth of Côte d’Ivoire’s RCN to Vietnam increase 155%
Côte D’Ivoire Exported RCN To Vietnam Volume Increase 306% Worth Of RCN Increase 155%
Gana Exported RCN to Vietnam Increased 45.7%
The total volume of raw cashew nuts Tanzania Exported to Vietnam in the first 4 months of the year was 23.316 tons, worth 25,6 million USD.
- Compared of Volume to First 4 Month 2020: the exported volume of Gana’s RCN to Vietnam increase 45.7%
- Compared of Value to First 4 Month 2020: the exported worth of Gana’s RCN to Vietnam increase 12%
Gana Exported RCN to Vietnam volume Increase 45% worth of RCN increase 12%
Indonesia Exported RCN to Vietnam Increased 29%
The total volume of raw cashew nuts Indonesia Exported to Vietnam in the first 4 months of the year was 17.949 tons, worth 22,95 million USD.
- Compared of Volume to First 4 Month 2020: the exported volume of Indonesia’s RCN to Vietnam increase 29%
- Compared of Value to First 4 Month 2020: the exported worth of Indonesia’s RCN to Vietnam increase 39.3%
Indonesia Exported RCN To Vietnam Volume Increase 29% Worth Of RCN Increase 39.3%
The Price of W240 & W320 Cashew From Vietnam Increasing
At the beginning of May 2021, the price of Vietnam cashew nuts kernels increases due to the Price import increased of raw cashew nuts. The price of W320 cashew & W240 cashew nut kernels from Vietnam Rise due to high demand while low supply. In addition, difficulties in logistics activities still heavy impact on cashew nut prices (lack of containers), increased shipping cost prices. W240 & W320 cashew nut kernel is the main product of the Vietnam cashew industry. It has been estimated that about 60 % of cashew nut is consumed in the form of snacks, mostly roasted and salted. The remaining 40 % is instead used in confectionery and bakery products, often as a substitute for peanut and almond. W320 Cashews are the most popular among cashew kernels and the highest in terms of availability in Vietnam.
The Price of W240 cashew & W320 Cashew From Vietnam Increasing
@More Info about How To Import The Cashew Nuts From Vietnam?
@Products Mentioned in Article: Vietnam Cashew Nuts!
A brand specializing in the production and export of agricultural products in Vietnam. We have a black soldier fly farm in Tay Ninh and a cashew growing area in Binh Phuoc. The main export products of the company are: cashew nuts, cashew nut kernels, black soldier fly, frozen seafood, shrimp, prawns, catfish… from Vietnam.
