Risk of disruption in the global cashew industry's supply chain

Mr. Tran Huu Hau, Deputy Secretary General of VINACAS, informed that in recent times, raw cashew output in Africa and Cambodia has increased very rapidly. In Ivory Coast, cashew output was previously only 400,000 - 500,000 tons, but by 2023 it has increased to 1.25 million tons (this year it is expected to increase by 130,000 - 150,000 tons). Cambodia previously had 200,000 tons, but now it has increased to 650,000 tons (expected to reach 1 million tons this year). These areas are continuing to expand cashew growing areas to take advantage of high selling prices. Therefore, raw cashew output will continue to increase. Mr. Hau stated a paradox: Although the supply of raw cashew nuts is increasing rapidly, the price is also increasing, while the price of cashew kernels is decreasing. The reason is that Vietnamese businesses often compete to buy raw cashews at the beginning of the season, pushing up prices, because they believe that cashews at the beginning of the season are of good ...