Vietnam Cashew Comprehensive Report Q4/2019
VIETNAM CASHEW MARKET
Cashew is grown mainly in India, Ivory Coast, Brazil and Vietnam. The raw cashew production volume continued to increase with a CARG of 3% during the crop 2009/2010 – 2018/2019. In the 2018/2019 crop , India was the world’s largest raw cashew producer , accounting for 22.32% of the world raw cashew production.
Vietnam is currently the largest exporter of cashew nuts in the world with the export volume accounting for 55% of the global production in 2018. Despite being the world’s largest cashew exporter, Vietnam Cashew industry is still facing many challenges, the domestic production only meets about one-third of the demand of export processing enterprises.
In the first 9 months of 2019, the processing enterprises exported about xx.xx thousand tons of cashew of all kinds, the export turnover reached xxx.x million USD. Vietnam cashew exports continued to hold the leading position in the world, accounting for 50% of the processed raw cashew volume and over 60% of the cashew nuts exported globally.
The prospect of Vietnam’s cashew industry still has many growth opportunities in the coming years due to the increasing demand for nuts and dried fruits to protect the health of consumers in the world. Many businesses are actively researching to bring to the market many traditional dishes and cakes that use raw materials as cashew kernels.
In 2018, most businesses in the industry had positive growth in net revenue and the average net revenue growth rate of the whole industry reached 0.57% due to the remarkable growth of cashew exports in 2018, the record cashew processing production as well as the stability of the market and the rise of export prices.
Cashew is grown mainly in India, Ivory Coast, Brazil and Vietnam. The raw cashew production volume continued to increase with a CARG of 3% during the crop 2009/2010 – 2018/2019. In the 2018/2019 crop , India was the world’s largest raw cashew producer , accounting for 22.32% of the world raw cashew production.
Vietnam is currently the largest exporter of cashew nuts in the world with the export volume accounting for 55% of the global production in 2018. Despite being the world’s largest cashew exporter, Vietnam Cashew industry is still facing many challenges, the domestic production only meets about one-third of the demand of export processing enterprises.
In the first 9 months of 2019, the processing enterprises exported about xx.xx thousand tons of cashew of all kinds, the export turnover reached xxx.x million USD. Vietnam cashew exports continued to hold the leading position in the world, accounting for 50% of the processed raw cashew volume and over 60% of the cashew nuts exported globally.
The prospect of Vietnam’s cashew industry still has many growth opportunities in the coming years due to the increasing demand for nuts and dried fruits to protect the health of consumers in the world. Many businesses are actively researching to bring to the market many traditional dishes and cakes that use raw materials as cashew kernels.
In 2018, most businesses in the industry had positive growth in net revenue and the average net revenue growth rate of the whole industry reached 0.57% due to the remarkable growth of cashew exports in 2018, the record cashew processing production as well as the stability of the market and the rise of export prices.
Abbreviations
Report Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal Framework
1.3 Impact of Trade Agreements
2. GLOBAL CASHEW INDUSTRY
2.1 Value Chain
2.2 Production
2.3 Consumption
2.4 Export – Import
2.5 Price
2.6 Situation in typical countries
3. VIETNAM MARKET
3.1 Definitions and Classification
3.2 Producing procedures and technology
3.3 Production
3.4 Consumption
3.5 Export – Import
3.6 Price
3.7 Payment method
4. INDUSTRY RISK
5. PLANNING
6. PROSPECTS AND FORECASTS
7. ENTERPRISE ANALYSIS
Appendix – Financial Statement
Report Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal Framework
1.3 Impact of Trade Agreements
2. GLOBAL CASHEW INDUSTRY
2.1 Value Chain
2.2 Production
2.3 Consumption
2.4 Export – Import
2.5 Price
2.6 Situation in typical countries
3. VIETNAM MARKET
3.1 Definitions and Classification
3.2 Producing procedures and technology
3.3 Production
3.4 Consumption
3.5 Export – Import
3.6 Price
3.7 Payment method
4. INDUSTRY RISK
5. PLANNING
6. PROSPECTS AND FORECASTS
7. ENTERPRISE ANALYSIS
Appendix – Financial Statement
LIST OF TABLES
Table 1: Abbreviations used in cashew kernel’s level grade
Table 2: Table of cashew kernel’s level grade
Table 3: Classification of cashew kernel
Table 4: Cashew nut prices delivered immediately in India, 1/2019 – 3/2019 (Rs / kg)
Table 5: Flowering and harvesting time of cashew trees
Table 6: Comparison of economic efficiency of 1 hectare when planting cashew applying intensive measures of Synthetic cashew with rubber and cassava in Tan Lap commune, 2012.
Table 7: Top Exporting and Processing Enterprise of Vietnam, 2017
Table 1: Abbreviations used in cashew kernel’s level grade
Table 2: Table of cashew kernel’s level grade
Table 3: Classification of cashew kernel
Table 4: Cashew nut prices delivered immediately in India, 1/2019 – 3/2019 (Rs / kg)
Table 5: Flowering and harvesting time of cashew trees
Table 6: Comparison of economic efficiency of 1 hectare when planting cashew applying intensive measures of Synthetic cashew with rubber and cassava in Tan Lap commune, 2012.
Table 7: Top Exporting and Processing Enterprise of Vietnam, 2017
LIST OF FIGURES
Figure 1: GDP growth by quarter, 2016 – 2019
Figure 2: GDP at current prices and per capita GDP, 2013-2018
Figure 3: Usable income and household expenditure, 2008 – 2017e
Figure 4: Population structure by stratification (spending), 2013 – 2020f
Figure 5: Export structure of major agricultural products of Vietnam, Q1 / 2019
Figure 6: Value and density of major agricultural exports, 2010 – 2019
Figure 7: VND / USD exchange rate, 1/2013 – 3/2019
Figure 8: Manufacturing index of processing and manufacturing industry, 2012 – Q1 / 2019
Figure 9: World Cashew Planting Structure, 2016/2017
Figure 10: Planting area in the world, 2009/2010 – 2016/2017
Figure 11: World cashew growing areas
Figure 12: World Raw Cashew Production Output, 2009/2010 – 2018/2019
Figure 13: World Raw Cashew Production Structure , 2018/2019
Figure 14: World cashew kernels Production Output, 2006/2007 – 2018/2019e
Figure 15: Structure of Cashew Kernel Production 2018/2019
Figure 16: World cashew kernel production output, 2018/2019
Figure 17: World production value of dried nut, 2017/2018
Figure 18: Production of cashew nuts compared to other nuts, 2006/2007 – 2018/2019
Figure 19: Structure of cashew kernel consumption, 2017e
Figure 20: World cashew kernel consumption output, 2011 – 2017e
Figure 21: Average consumption per capita of largest cashew consumption countries, 2011 – 2017
Figure 22: Consumption of dried nuts, 2011 – 2017
Figure 23: Export value of world cashew kernel, 2007 – 2017e
Figure 24: Export output of cashew kernel, 2005 – 2017e
Figure 25: Import structure of cashew kernel in the world, 2017e
Figure 26: Export structure of cashew kernel in the world, 2017e
Figure 27: Analysis of retail prices of cashew nuts according to contribution rates
Figure 28: Area of ??cashew cultivation in India, 2009/2010 – 2017/2018e
Figure 29: India Cashew Production Output, 2009/2010 – 2018/019e
Figure 30: Cashew plantation area in Ivory Coast, 2010 – 2017e
Figure 31: Cashew production output in Ivory Coast, 2009/2010 – 2016/2017
Figure 32: Output of Brazil’s Cashew Production, 2009/2010 – 2017/2018e
Figure 33: Planting area of ??cashew in Brazil, 2009/2010 – 2016/2017
Figure 34: Area and productivity of cashew growing Vietnam, 2012 – 2018
Figure 35: Cashew yield of Vietnam, 2012-2018e
Figure 36: Structure of growing cashew area, 2017eFigure 40: Cashew Production Situation, 2013-2018
Figure 37: Domestic consumption of cashew kernel , 2012 – 2018e
Figure 38: Vietnam cashew export value and volume, 2013 – Q1/2019
Figure 39: Structure of cashew export value by type, 2T/2019
Figure 40: Structure of cashew exporting market by volume, Q1/2019
Figure 41: Top cashew export enterprises, 2T/2019
Figure 42: Main means of transportation, 2018e
Figure 43: Cashew import value and volume of Vietnam, 2013 – Q1/2019
Figure 44: Structure of cashew import market by price, Q1/2019
Figure 45: Cashew price fluctuation in Binh Phuoc province, 9/2017-3/2019
Figure 46: Forecast of production output of Vietnam, 2012 – 2022
Figure 47: Export forecast of cashew 2013-2022f
Figure 48: Net revenue, 2017 – 2018
Figure 49: Profit target, 2017 – 2018
Figure 50: Credit-worthiness, 2017 – 2018
Figure 51: Fixed asset turnover, 2018
Figure 52: Days’ sales in inventory, 2018
Figure 53: Administrative Expenses/Net Revenue, 2017 – 2018
Figure 54: Selling expenses / Net revenue, 2017 – 2018
Figure 55:Interest expenses and interest expenses / net revenue, 2017 – 2018
Figure 56: Liquidity, 2017 – 2018
Figure 57: Profit margin, 2017 – 2018
Figure 1: GDP growth by quarter, 2016 – 2019
Figure 2: GDP at current prices and per capita GDP, 2013-2018
Figure 3: Usable income and household expenditure, 2008 – 2017e
Figure 4: Population structure by stratification (spending), 2013 – 2020f
Figure 5: Export structure of major agricultural products of Vietnam, Q1 / 2019
Figure 6: Value and density of major agricultural exports, 2010 – 2019
Figure 7: VND / USD exchange rate, 1/2013 – 3/2019
Figure 8: Manufacturing index of processing and manufacturing industry, 2012 – Q1 / 2019
Figure 9: World Cashew Planting Structure, 2016/2017
Figure 10: Planting area in the world, 2009/2010 – 2016/2017
Figure 11: World cashew growing areas
Figure 12: World Raw Cashew Production Output, 2009/2010 – 2018/2019
Figure 13: World Raw Cashew Production Structure , 2018/2019
Figure 14: World cashew kernels Production Output, 2006/2007 – 2018/2019e
Figure 15: Structure of Cashew Kernel Production 2018/2019
Figure 16: World cashew kernel production output, 2018/2019
Figure 17: World production value of dried nut, 2017/2018
Figure 18: Production of cashew nuts compared to other nuts, 2006/2007 – 2018/2019
Figure 19: Structure of cashew kernel consumption, 2017e
Figure 20: World cashew kernel consumption output, 2011 – 2017e
Figure 21: Average consumption per capita of largest cashew consumption countries, 2011 – 2017
Figure 22: Consumption of dried nuts, 2011 – 2017
Figure 23: Export value of world cashew kernel, 2007 – 2017e
Figure 24: Export output of cashew kernel, 2005 – 2017e
Figure 25: Import structure of cashew kernel in the world, 2017e
Figure 26: Export structure of cashew kernel in the world, 2017e
Figure 27: Analysis of retail prices of cashew nuts according to contribution rates
Figure 28: Area of ??cashew cultivation in India, 2009/2010 – 2017/2018e
Figure 29: India Cashew Production Output, 2009/2010 – 2018/019e
Figure 30: Cashew plantation area in Ivory Coast, 2010 – 2017e
Figure 31: Cashew production output in Ivory Coast, 2009/2010 – 2016/2017
Figure 32: Output of Brazil’s Cashew Production, 2009/2010 – 2017/2018e
Figure 33: Planting area of ??cashew in Brazil, 2009/2010 – 2016/2017
Figure 34: Area and productivity of cashew growing Vietnam, 2012 – 2018
Figure 35: Cashew yield of Vietnam, 2012-2018e
Figure 36: Structure of growing cashew area, 2017eFigure 40: Cashew Production Situation, 2013-2018
Figure 37: Domestic consumption of cashew kernel , 2012 – 2018e
Figure 38: Vietnam cashew export value and volume, 2013 – Q1/2019
Figure 39: Structure of cashew export value by type, 2T/2019
Figure 40: Structure of cashew exporting market by volume, Q1/2019
Figure 41: Top cashew export enterprises, 2T/2019
Figure 42: Main means of transportation, 2018e
Figure 43: Cashew import value and volume of Vietnam, 2013 – Q1/2019
Figure 44: Structure of cashew import market by price, Q1/2019
Figure 45: Cashew price fluctuation in Binh Phuoc province, 9/2017-3/2019
Figure 46: Forecast of production output of Vietnam, 2012 – 2022
Figure 47: Export forecast of cashew 2013-2022f
Figure 48: Net revenue, 2017 – 2018
Figure 49: Profit target, 2017 – 2018
Figure 50: Credit-worthiness, 2017 – 2018
Figure 51: Fixed asset turnover, 2018
Figure 52: Days’ sales in inventory, 2018
Figure 53: Administrative Expenses/Net Revenue, 2017 – 2018
Figure 54: Selling expenses / Net revenue, 2017 – 2018
Figure 55:Interest expenses and interest expenses / net revenue, 2017 – 2018
Figure 56: Liquidity, 2017 – 2018
Figure 57: Profit margin, 2017 – 2018
