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DUBLIN, March 10, 2022–(BUSINESS WIRE)–The “Analysis Report on Vietnam’s Cashew Nut Market, 2016-2030” report has been added to ResearchAndMarkets.com’s providing.
Since 2017, Vietnam has turn into the world’s prime cashew nut processing heart and largest exporter of cashew nuts, accounting for greater than 50% of the worldwide processed cashew nut uncooked supplies. In line with this evaluation, Vietnam is characterised by the tropical monsoon local weather, thus having pure benefits in cashew cultivation.
The overall space planted with cashew nuts in Vietnam in 2020 was 302,500 ha, a rise of 5,300 ha from the 2018-2019 crop yr. In 2020, Vietnam’s whole cashew nut manufacturing was 339,800 tons, a rise of 53,500 tons YOY, with a mean yield of 1,123 kg per hectare, a rise of 180 kg YOY.
Vietnam exported a complete of 521,419 tons of cashew nuts in 2020, up 13.48% YOY. Amongst them, exports to america rose 9.7% to 148,125 metric tons; 62,302 metric tons to China, down 7.3% from 2019; and exports to Europe and different nations rose 20.9% to 310,992 metric tons.
In line with this evaluation, with the entry into pressure of varied FTAs such because the EU-Vietnam Free Commerce Settlement (EVFTA) and the Regional Complete Financial Partnership (RCEP), and the gradual management of the COVID-19 epidemic, Vietnam’s cashew nut exports will proceed to rise. The market dimension will attain USD4 billion.
In line with this evaluation, there are nonetheless some shortcomings in Vietnam’s cashew nut business. For instance, the cultivation of cashew nuts in Vietnam continues to be dominated by small-scale farmers and has not but shaped large-scale manufacturing. And Vietnam is comparatively backward in cultivation expertise, which to a sure extent limits the event of the cashew nut business.
In line with this evaluation, within the world cashew nut worth chain, Vietnam exports cashew nuts at about USD10 per kilogram or much less, whereas cashew nut merchandise are offered at as much as USD20-30 per kilogram ultimately market. Vietnam wants to extend the added worth of cashew merchandise and make the most of trendy processing applied sciences.
The analyst expects that Vietnam’s cashew manufacturing and exports will proceed to rise in 2022-2030, and for traders, there are various funding alternatives in Vietnam’s cashew business, from cultivation to processing and buying and selling.
Subjects lined:
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Overview of Vietnam’s Cashew Trade
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Financial and Coverage Setting of Vietnam’s Cashew Nut Trade
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What’s the Impression of COVID-19 on Vietnam’s Cashew Nut Trade?
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Vietnam Cashew Nut Market Dimension, 2016-2021
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Forecast on Vietnam Cashew Nut Market, 2022-2030
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Evaluation of Main Cashew Nut Firms in Vietnam
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Key Drivers and Market Alternatives in Vietnam’s Cashew Nut Trade
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What are the important thing drivers, challenges, and alternatives for the cashew nut business in Vietnam throughout 2022-2030?
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What’s the anticipated income of the Vietnam cashew nuts market throughout 2022-2030?
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What are the methods adopted by the important thing gamers available in the market to extend their market share within the business?
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Which phase of Vietnam’s cashew nuts market is predicted to dominate the market in 2030?
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What are the main opposed components going through the cashew nuts business in Vietnam?
Key Subjects Lined:
1 Overview of Vietnam
1.1 Geographical State of affairs
1.2 Demographic Construction of Vietnam
1.3 Economic system of Vietnam
1.4 Minimal Wage in Vietnam, 2011-2021
1.5 Impression of COVID-19 on Vietnam’s Cashew Nut Trade
2 Growth Setting of Cashew Nut business in Vietnam
2.1 Temporary historical past of Cashew Nuts Growth in Vietnam
2.2 Kinds of Cashew Nuts in Vietnam
2.3 Coverage Setting of Vietnam’s Cashew Nut Trade
3 Provide and Demand State of affairs of Vietnam’s Cashew Nut Trade
3.1 Provide State of affairs
3.2 Demand State of affairs
4 Import and Export Standing of Vietnam’s Cashew Nut Trade
4.1 Import Standing
4.1.1 Import Quantity and Import Worth
4.1.2 Fundamental Import Sources
4.2 Export Standing
4.2.1 Export Quantity and Export Worth
4.2.2 Fundamental Export Locations
5 Market Competitors of Vietnam’s Cashew Nut Trade
5.1 Boundaries to Entry in Vietnam’s Cashew Nut Trade
5.1.1 Model Boundaries
5.1.2 High quality Boundaries
5.1.3 Capital Boundaries
5.2 Competitors Construction of Vietnam’s Cashew Nut Trade
5.2.1 Bargaining Energy of Cashew Nut Suppliers
5.2.2 Bargaining Energy of Shoppers
5.2.3 Competitors in Vietnam’s Cashew Nut Trade
5.2.4 Potential Entrants within the Cashew Nut Trade
5.2.5 Options to Cashew Nuts
6 Evaluation of Main Cashew Nut Model Firms in Vietnam
6.1 Organics Extra
6.1.1 Growth Historical past of Organics Extra
6.1.2 Fundamental Merchandise of Organics Extra
6.1.3 Operation Mannequin of Organics Extra
6.2 Cao Phat Firm
6.2.1 Growth Historical past of Cao Phat Firm
6.2.2 Fundamental Merchandise of Cao Phat Firm
6.2.3 Operation Mannequin of Cao Phat Firm
6.3 Thanh Dat Nguyen Gia Firm
6.3.1 Growth Historical past of Thanh Dat Nguyen Gia Firm
6.3.2 Fundamental Merchandise of Thanh Dat Nguyen Gia Firm
6.3.3 Working Mannequin of Thanh Dat Nguyen Gia Firm
6.4 KM Inexperienced Firm
6.4.1 Growth Historical past of KM Inexperienced Firm
6.4.2 Fundamental Merchandise of KM Inexperienced Firm
6.4.3 Operation Mannequin of KM Inexperienced Firm
6.5 My An Co
6.5.1 Growth historical past of My An Co
6.5.2 Fundamental Merchandise of My An Co
6.5.3 Operation Mannequin of My An Co
6.6 Son Thanh Firm
6.7 Macy Vietnam
6.8 Lafooco
7 Outlook on Vietnam’s Cashew Nut Trade, 2021-2030
7.1 Evaluation of Vietnam’s Cashew Nut Trade Growth Elements
7.1.1 Drivers and Growth Alternatives for Vietnam’s Cashew Nut Trade
7.1.2 Threats and Challenges to Vietnam’s Cashew Nut Trade
7.2 Forecast on Vietnam’s Cashew Nut Trade Provide
7.3 Forecast on Vietnam’s Cashew Nut Market Demand
7.4 Forecast on Vietnam’s Cashew Nut Import and Export
For extra details about this report go to https://www.researchandmarkets.com/r/2rmuhf
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20220310005782/en/
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