News

Vietnamese cashews account for 90% of the market share in the UK

Cashew Nut Kernel
United Kingdom
Vietnam
Published Apr 26, 2022

Tridge summary

Vietnam's cashew nut imports into the UK market increased sharply in the first months of this year and occupied an overwhelming market share in this market. Vietnamese cashews accounted for 90% of the market share in the UK in the first months of this year. Photo: TL. According to the Import-Export Department (Ministry of Industry and Trade), in the first two months of 2022, the UK imported 3.41 thousand tons of cashews from Vietnam, worth 22.53 million USD, up 14.3% in volume and 38. % in value over the same period in 2021.

Original content

Vietnam's cashew nut imports into the UK market increased sharply in the first months of this year and occupied an overwhelming market share in this market. Vietnamese cashews accounted for 90% of the market share in the UK in the first months of this year. Photo: TL. According to the Import-Export Department (Ministry of Industry and Trade), in the first two months of 2022, the UK imported 3.41 thousand tons of cashew nuts from Vietnam, worth 22.53 million USD, up 14.3% in volume and 38 % in value over the same period in 2021. Vietnam's cashew nut market share in total UK imports increased from 78.72% in the first 2 months of 2021 to 90.95% in the first 2 months of 2022. The market share of Vietnam's cashew nuts in the UK is very far away from the following suppliers such as India (accounting for 2.83%), the Netherlands (2.12%), Ivory Coast (156%) ... According to the International Trade Commission, in February 2022, the UK imported 2 thousand tons of cashew nuts, worth 13.17 ...
Source: Vinacas
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