Keeping the position of Vietnamese cashew nuts by quality

Published 2023년 3월 2일

Tridge summary

Ivory Coast is the largest exporter of raw cashew nuts, with production over 1 million tons and exports reaching 719,900 tons in 2022. The country is also starting to process and export cashew kernels, with a volume much lower than Vietnam's. However, as more countries shift from raw cashew nut exports to cashew kernel processing, competitive pressure is increasing. Global cashew production has surpassed 5 million tons, and other nuts like almonds and walnuts are preferred by international roasters and retailers due to their lower price despite being more expensive. Vietnamese cashew businesses need to focus on improving the quality and food safety of their cashew kernels to maintain their market position, particularly in the US, where they are popular but face food safety concerns.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Competition For a long time, Ivory Coast has always been the largest exporter of raw cashew nuts in the world. Dr. Adama Coulibaly, General Director of the Cotton and Cashew Council of Ivory Coast, said that the country's raw cashew production is now over 1 million tons and raw cashew exports in 2022 are 719,900 tons. Besides raw cashew, Ivory Coast is also promoting processing of cashew kernels for export. In 2022, this country has exported 36,807 tons of cashew kernels to many markets such as the US, EU, Australia... Compared to the export volume of Vietnam's cashew kernels (519 thousand tons in 2022), it is clear that the export volume of Ivory Coast is still quite modest, but this is also a sign that competitive pressure is increasing. increasing with Vietnam's cashew kernel in the world market when many countries that only export raw cashew nuts have begun to focus on processing and exporting cashew kernels. For example, in the US market, statistics from the US International ...
Source: Agriculture

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