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 out to be the world’s prime cashew nut processing middle 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 full space planted with cashew nuts in Vietnam in 2020 was 302,500 ha, a rise of 5,300 ha from the 2018-2019 crop 12 months. In 2020, Vietnam’s complete cashew nut manufacturing was 339,800 tons, a rise of 53,500 tons YOY, with a median 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 international locations rose 20.9% to 310,992 metric tons.
In line with this evaluation, with the entry into pressure of assorted 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 trade. For instance, the cultivation of cashew nuts in Vietnam continues to be dominated by small-scale farmers and has not but fashioned large-scale manufacturing. And Vietnam is comparatively backward in cultivation know-how, which to a sure extent limits the event of the cashew nut trade.
In line with this evaluation, within the international cashew nut worth chain, Vietnam exports cashew nuts at about USD10 per kilogram or much less, whereas cashew nut merchandise are bought at as much as USD20-30 per kilogram in the long run market. Vietnam wants to extend the added worth of cashew merchandise and benefit from fashionable processing applied sciences.
The analyst expects that Vietnam’s cashew manufacturing and exports will proceed to rise in 2022-2030, and for buyers, there are various funding alternatives in Vietnam’s cashew trade, from cultivation to processing and buying and selling.
Overview of Vietnam’s Cashew Trade
Financial and Coverage Surroundings of Vietnam’s Cashew Nut Trade
What’s the Impression of COVID-19 on Vietnam’s Cashew Nut Trade?
Vietnam Cashew Nut Market Dimension, 2016-2021
Forecast on Vietnam Cashew Nut Market, 2022-2030
Evaluation of Main Cashew Nut Firms in Vietnam
Key Drivers and Market Alternatives in Vietnam’s Cashew Nut Trade
What are the important thing drivers, challenges, and alternatives for the cashew nut trade in Vietnam throughout 2022-2030?
What’s the anticipated income of the Vietnam cashew nuts market throughout 2022-2030?
What are the methods adopted by the important thing gamers available in the market to extend their market share within the trade?
Which section of Vietnam’s cashew nuts market is anticipated to dominate the market in 2030?
What are the key antagonistic components dealing with the cashew nuts trade in Vietnam?
Key Subjects Coated:
1 Overview of Vietnam
1.1 Geographical Scenario
1.2 Demographic Construction of Vietnam
1.3 Financial system of Vietnam
1.4 Minimal Wage in Vietnam, 2011-2021
1.5 Impression of COVID-19 on Vietnam’s Cashew Nut Trade
2 Improvement Surroundings of Cashew Nut trade in Vietnam
2.1 Temporary historical past of Cashew Nuts Improvement in Vietnam
2.2 Forms of Cashew Nuts in Vietnam
2.3 Coverage Surroundings of Vietnam’s Cashew Nut Trade
3 Provide and Demand Scenario of Vietnam’s Cashew Nut Trade
3.1 Provide Scenario
3.2 Demand Scenario
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 Predominant Import Sources
4.2 Export Standing
4.2.1 Export Quantity and Export Worth
4.2.2 Predominant Export Locations
5 Market Competitors of Vietnam’s Cashew Nut Trade
5.1 Limitations to Entry in Vietnam’s Cashew Nut Trade
5.1.1 Model Limitations
5.1.2 High quality Limitations
5.1.3 Capital Limitations
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 Customers
5.2.3 Competitors in Vietnam’s Cashew Nut Trade
5.2.4 Potential Entrants within the Cashew Nut Trade
5.2.5 Alternate options to Cashew Nuts
6 Evaluation of Main Cashew Nut Model Firms in Vietnam
6.1 Organics Extra
6.1.1 Improvement Historical past of Organics Extra
6.1.2 Predominant Merchandise of Organics Extra
6.1.3 Operation Mannequin of Organics Extra
6.2 Cao Phat Firm
6.2.1 Improvement Historical past of Cao Phat Firm
6.2.2 Predominant Merchandise of Cao Phat Firm
6.2.3 Operation Mannequin of Cao Phat Firm
6.3 Thanh Dat Nguyen Gia Firm
6.3.1 Improvement Historical past of Thanh Dat Nguyen Gia Firm
6.3.2 Predominant 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 Improvement Historical past of KM Inexperienced Firm
6.4.2 Predominant Merchandise of KM Inexperienced Firm
6.4.3 Operation Mannequin of KM Inexperienced Firm
6.5 My An Co
6.5.1 Improvement historical past of My An Co
6.5.2 Predominant Merchandise of My An Co
6.5.3 Operation Mannequin of My An Co
6.6 Son Thanh Firm
6.7 Macy Vietnam
7 Outlook on Vietnam’s Cashew Nut Trade, 2021-2030
7.1 Evaluation of Vietnam’s Cashew Nut Trade Improvement Elements
7.1.1 Drivers and Improvement 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
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