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Vietnam: Export cashew nut prices continue to recover

Cashew Nut Kernel
Vietnam
Published Apr 26, 2022

Tridge summary

In the first quarter of 2022, Vietnam's cashew exports decreased by 7.2% in volume compared to the same period in 2021. According to the International Trade Center, in the first half of April 2022, the export prices of raw cashew nuts fluctuated. heterogeneous in some producing countries compared to the end of March 2022. Specifically, on April 15, 2022, the export price of raw cashew nuts from the Ivory Coast and Nigeria was stable at $1,275 per tonne compared to March 25, 2022. In contrast, Gana's export price of raw cashew nuts decreased by US$50/ton compared to March 25, 2022, to US$1,275/ton.

Original content

In the first quarter of 2022, Vietnam's cashew exports decreased by 7.2% in volume compared to the same period in 2021. According to the International Trade Center, in the first half of April 2022, export prices of raw cashew nuts fluctuated. heterogeneous in some producing countries compared to the end of March 2022. Specifically, on April 15, 2022, the export price of raw cashew nuts from Ivory Coast and Nigeria was stable at $1,275 per tonne compared to March 25, 2022. In contrast, Gana's export price of raw cashew nuts decreased by US$50/ton compared to March 25, 2022, to US$1,275/ton. According to statistics from the General Department of Customs, in March 2022, Vietnam's cashew exports reached approximately 40,000 tons, worth US$239 million, up 57.8% in volume and 58.6% in terms of volume. value compared to February 2022, compared to March 2021, down 10.4% in volume and 7.9% in value. In the first quarter of 2022, Vietnam's cashew exports reached 104.9 thousand tons, worth ...
Source: Vinacas
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