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Cashew nut export market of Vietnam in 8 months of 2022

Cashew Nut Kernel
Vietnam
Price
Supply
Updated Oct 4, 2022
According to calculations from statistics of the General Department of Customs, in the first eight months of 2022, the whole country exported 343,292 tons of cashew nuts, earning nearly $2.05 billion, the average price of $5,975/ton, down over 9% in volume and decreased by 11.9% in turnover compared to the same period in 2021 and the price also decreased slightly by 3%.
Particularly in August 2022, cashew exports increased by 2.8% in volume, up 2.3% in turnover, but the price decreased by 0.4% compared to the previous month, reaching 46,829 tons, equivalent to 273.7 million USD. , price 5,844.7 USD/ton. The top 3 biggest markets for Vietnam's cashew nut consumption are the US, China, and the Netherlands; in which exported to the US 98,416 tons, equivalent to 569.91 million USD, priced at 5,791 USD/ton, down 16.3% in volume, down 15.7% in turnover but up 0.6% in price over the same period. period 2021; accounting for 28.8% of the total volume and 27.9% of the total cashew export turnover of the country. Exports to China decreased by 13.2% in volume, 29.7% in turnover and 19% in price over the same period in 2021, reaching 44,774 tons, equivalent to 269.63 million USD, priced at 6,022 USD/ ton; accounting for over 13% of the total cashew nut export volume and turnover of the country. Exports to the Netherlands market decreased by 19.7% in volume ...
Source

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