Vietnam Cashew Standard 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
2. GLOBAL CASHEW INDUSTRY
2.1 Production
2.2 Consumption
3. VIETNAM MARKET
3.1 Definition and Classification
3.2 Producing procedures and technology
3.3 Export – Import
3.4 Price
4. PLAN
5. PROSPECTS
6. ENTERPRISE ANALYSIS
Report summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal Framework
2. GLOBAL CASHEW INDUSTRY
2.1 Production
2.2 Consumption
3. VIETNAM MARKET
3.1 Definition and Classification
3.2 Producing procedures and technology
3.3 Export – Import
3.4 Price
4. PLAN
5. PROSPECTS
6. ENTERPRISE ANALYSIS
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: Flowering and harvesting time of cashew trees
Table 5: 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: Flowering and harvesting time of cashew trees
Table 5: 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: Vietnam cashew export value and volume, 2013 – Q1/2019
Figure 24: Structure of cashew export value by type, 2T/2019
Figure 25: Structure of cashew exporting market by volume, Q1/2019
Figure 26: Top cashew export enterprises, 2T/2019
Figure 27: Main means of transportation, 2018e
Figure 28: Cashew import value and volume of Vietnam, 2013 – Q1/2019
Figure 29: Structure of cashew import market by price, Q1/2019
Figure 30: Cashew price fluctuation in Binh Phuoc province, 9/2017-3/2019
Figure 31: Net revenue, 2017 – 2018
Figure 32: Profit target, 2017 – 2018
Figure 33: Credit-worthiness, 2017 – 2018
Figure 34: Fixed asset turnover, 2018
Figure 35: Days’ sales in inventory, 2018
Figure 36: Administrative Expenses/Net Revenue, 2017 – 2018
Figure 37: Selling expenses / Net revenue, 2017 – 2018
Figure 38: Interest expenses and interest expenses / net revenue, 2017 – 2018
Figure 39: Liquidity, 2017 – 2018
Figure 40: 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: Vietnam cashew export value and volume, 2013 – Q1/2019
Figure 24: Structure of cashew export value by type, 2T/2019
Figure 25: Structure of cashew exporting market by volume, Q1/2019
Figure 26: Top cashew export enterprises, 2T/2019
Figure 27: Main means of transportation, 2018e
Figure 28: Cashew import value and volume of Vietnam, 2013 – Q1/2019
Figure 29: Structure of cashew import market by price, Q1/2019
Figure 30: Cashew price fluctuation in Binh Phuoc province, 9/2017-3/2019
Figure 31: Net revenue, 2017 – 2018
Figure 32: Profit target, 2017 – 2018
Figure 33: Credit-worthiness, 2017 – 2018
Figure 34: Fixed asset turnover, 2018
Figure 35: Days’ sales in inventory, 2018
Figure 36: Administrative Expenses/Net Revenue, 2017 – 2018
Figure 37: Selling expenses / Net revenue, 2017 – 2018
Figure 38: Interest expenses and interest expenses / net revenue, 2017 – 2018
Figure 39: Liquidity, 2017 – 2018
Figure 40: Profit margin, 2017 – 2018
