According to many recent reports, the cashew crop in Vietnam in 2021 is relatively favorable, which being expected increasing compared to 2020. In Binh Phuoc, the largest region of cashew in Vietnam, Mr. Lu Anh Kiet said: “Because of the good weather in this year, we have started to harvest cashew earlier, from February to March, Binh Phuoc farmers will harvest 30% of their cashew yield and the 70% remaining cashew of the harvest will be harvested from March to April.”
In Vietnam, Binh Phuoc province is known as the largest cashew growing area, taking more than 50% of the cashew growing area in Vietnam, the Department of Agriculture and Rural Development of Binh Phuoc province said that the current cashew area is about 170,000 ha in Binh Phuoc province and the output is 243,000 tons/year. In the international cashew market, it is very dependent on the origin of Vietnam and the disruption of the Vietnamese supply will change the market significantly.
The forecast of total cashew areas Vietnam in 2021 is as follows:
- Total cashew area: 297,000 ha (equal to 99.7% compared to 2020).
- Raw cashew output: 360,000 tons (by 107.8% compared to 2020)
- Average yield: 1.29 tons / ha (equal to 107.5% compared to 2020)
@Read more: What Time Of Year Is Vietnam Cashew Harvest Season?
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