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Chinese market fell deeply, Vietnam's cashew exports in the first quarter of 2022 slightly decreased

Thị trường Trung Quốc giảm sâu, xuất khẩu điều quý 1/2022 chỉ giảm nhẹ
This news article has been translated to English.
Raw Cashew Nut
China
COVID-19
Price Trend
Vietnam
Supply Yield / Stock Quantity
Apr 26, 2022
From Vinacas
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According to statistics from the General Department of Customs, in March 2022, cashew nut exports reached approximately 40,000 tons, valued at US$239 million, up 57.8% in volume and 58.6% in value compared to that of the General Department of Customs. with February 2022, compared with March 2021, down 10.4% in volume and 7.9% in value. In the first quarter of 2022, cashew nut exports reached 104.9 thousand tons, worth $624.67 million, down 6.5% in volume and 4.9% in value over the same period in 2021.
In March 2022, the average export price of cashew nuts reached $5,981/ton, up 0.5% compared to February 2022 and 2.8% higher than March 2021. In the first quarter of 2022, the average export price of cashew nuts reached US$5,955/ton, up 1.7% over the same period in 2021. Top 10 export markets in the first quarter of 2022: 06 increase and 04 decrease According to the Import-Export Department - Ministry of Industry and Trade, in March 2022, cashew nut exports to most of the traditional markets decreased compared to March 2021, except for Australia, which increased by 63.6% in volume and increased by 63.6% in volume. 80.8% in value; The United Arab Emirates (TVQ) increased by 71.3% in volume and 101.7% in value. The top 10 cashew export markets in the first quarter of 2022 have 06 increased markets and 04 decreased markets, specifically: Falling markets include the Netherlands, China, Canada, and the United Arab Emirates. In contrast, cashew nut exports to the US, Germany, Australia, ...
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