Vietnam: Cashew exports in 2022 forecast to be positive, thanks to the macrobiotic trend
Raw Cashew Nut
Vietnam
Published Feb 3, 2022
Tridge summary
The Import-Export Department (Ministry of Industry and Trade) said that 2021 is a successful year for Vietnam's cashew exports, with exports reaching 580 thousand tons, worth $3.6 billion, up 13% in volume. and value compared to 2020. The Bureau predicts that in 2022, cashew nut exports will continue to grow positively thanks to global consumer tastes increasingly preferring healthy products, long preservation time.
Original content
The Import-Export Department (Ministry of Industry and Trade) said that 2021 is a successful year for Vietnam's cashew exports, with exports reaching 580 thousand tons, worth $3.6 billion, up 13% in volume. and value compared to 2020. The Department predicts that in 2022, cashew nut exports will continue to grow positively thanks to global consumer tastes increasingly favoring products with health benefits and long storage times. Statistics show that cashew imports from the US, China, UK, France and Japan markets all have positive growth in the first 11 months of 2021 compared to the same period in 2020. In which, Vietnam plays the role of the world's leading cashew nut export market. Vietnam's cashew nut market share in the total import value of the US and China accounted for 88.9% and 89.1% respectively in the 11 months of 2021. In addition, the Department also cited information from the Coversation website showing that the world cashew industry has developed rapidly in the past ...
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