VIETNAM CASHEW MARKET
Cashew is mainly planted in India, Ivory Coast, Brazil and Vietnam. The raw cashew production volume has continuously increased with CARG rate of 3% during 2009/2010 – 2016/2017 season. Global cashew kernels production output in the 2017/2018 season has consecutively grown and estimated to reach xxx thousand tons, up 0.6% compared to the last season. Demand for cashew kernels in 2017 was xxx thousand tons, valued $ x.x billion, a slight increase compared to 496 thousand tons of 2016.
Vietnam is currently the world’s largest exporter of cashew kernels, with exports accounting for 56% of global production in 2016. Production quantity of cashew in the first 6 months of 2018 was estimated to be xxx.x thousand tons. The area of cashew growing in Vietnam is tending to decrease continuously. In 2017, the area of cashew is growing xx.x thousand hectares.
Although Vietnam is the greatest exporter of cashew, the industry in Vietnam still faces challenges,domestic output only meet one-third of the demand of export processing enterprises. Consumption of cashew kernels in the country accounts for 10%, while 90% of output is exported. Vietnam raw cashew exports continue to be leading position when it accounts for 50% of processed raw cashew and over 60% of cashew kernels exported worldwide. In the first 6 months of 2018, the processing enterprises exported about xxx.x thousand tons of cashew kernels, the export turnover reached x,xxx million tons.
In 2017, most of the enterprises had positive growth in net revenue and the average growth reached 18.8%. There are still opportunities for the prospects of the cashew industry in Vietnam to grow in the next few years.
| 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. Cashew Market in Vietnam 3.1 Definitions and Classification 3.2 Process and Production Technology 3.3 Production 3.4 Consumption 3.5 Export – Import 3.6 Price 4. Planning 5. Prospects and Forecasts 6. Enterprise Analysis |
| Olam Vietnam LLC Hoang Gia Luan Trade – Service LLC Hanoi Trade Corporation – HAPRO Long Son Joint Stock Company Thao Nguyen LLC Hoang Son I Joint Stock Company Hai Viet LLC Ral International Vietnam Ltd Long An Processing and Export Joint Stock Company (LAFOOCO) Phuc Vinh Manufacture – Trade LLC |
| List of figures Figure 1: GDP growth by quarter, 2015 – 6M/2018 Figure 2: GDP structure due to the current price, 6M/2018e Figure 3: Available income and household expenditure, 2008 – 2017f Figure 4: Population structure divided by classes (expenditure), 2013 – 2020f Figure 5: The export structure of main agricultural export products of Vietnam, 6M/2018e Figure 6: Price and cashew proportion in main agricultural products, 2010 – 6M/2018e Figure 7: Exchange rate of VND/USD, 2013 – 6/2018 Figure 8: Consumer Confidence Index, 2014 – Q1/2018 Figure 9: Global cashew planting structure, 2016/2017 Figure 10: Global cashew planting area, 2009/2010 – 2016/2017 Figure 11: Global cashew planting regions Figure 12: Global raw cashew production output, 2009/2010 – 2016/2017 Figure 13: Global structure of cashew production, 2016/2017 Figure 14: Global cashew kernel production output, 2006/2007 – 2017/2018e Figure 15: Cashew kernel production structure, 2016/2017 Figure 16: Global cashew production value, 2017/2018e Figure 17: Production value of types of raw nut in the world, 2017/2018 Figure 18: Production output of cashew nuts compared to other nuts, 2006/2007 – 2017/2018e Figure 19: Global cashew kernel consumption structure, 2016e Figure 20: Global cashew kernel consumption, 2011 – 2017e Figure 21: Consumption per capita of some typical cashew consumption countries, 2011 – 2016 Figure 22: Consumption of dried nuts in the world, 2011 – 2016 Figure 35: The output of cashew in Vietnam, 2012 – 6M/2018e Figure 36: Cashew planting area structure, 2017e Figure 37: Cashew production situation, 2013 – 6M/2018e Figure 38: Domestic consumption of cashew kernel, 2012 – 6M/2018e Figure 39: Value and output of cashew exports in Vietnam, 2013 – 6M/2018e Figure 40: Output structures of cashew exports by type, 6M/2018 Figure 41: Market structures of cashew exports by output, Q1/2018e Figure 42: Top largest cashew export enterprises in Vietnam, 6M/2018 Figure 43: Top largest cashew export enterprises’s export value 6M/2018 Figure 44: The value and imports of cashew in Vietnam, 2013 – 6M/2018e Figure 45: Structure of cashew import market by value, 6M/2018 Figure 46: Price of dry cashew in Binh Phuoc, 9/2017 – 6/2018 Figure 47: Average export cashew price, 1/2017 – 3/2018 Figure 48: Average export cashew price to 10 markets reached the highest level, 6M/2018 Figure 49: Forecast for cashew production output in Vietnam, 2012 – 2020f Figure 52: Gross profit margin, 2016 – 2017 Figure 53: Repayment ability, 2016 – 2017 Figure 54: Fixed asset turnover, 2016 – 2017 Figure 55: Days of inventory, 2016 – 2017 Figure 56: Sales expenses/Net revenue ratio 2016 – 2017 Figure 57: Enterprise management expenses/Net revenue ratio 2016 – 2017 Figure 58: Financial expenses /Net revenue, 2016 – 2017 Figure 59: Payment ratio, 2016 -2017 Figure 60: Profit ratio, 2016 – 2017 List of tables
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