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Showing posts from January, 2022

Cashew Nuts Are So Expensive and Why???

High Demand Of Cashew Nut Kernels Cashew is one of the premium nuts with a lot of benefits.  The high demand for cashew nut kernels is likely to be driven by changes in the eating habit of consumers , including the rising demand for healthier food, snacking options, and vegetable sources of protein. Plain cashew nut kernels without any additions are increasingly being offered, as well as different roasting flavors. In addition,  cashew nuts  are increasingly being used as ingredients in fruit and nut bars, breakfast cereals, nut spreads, nut drinks, ice cream toppings, cookies, and other sweets. The high demand for cashew nut kernels is likely to be driven by changes in the eating habit of consumers Not Many Countries Can Grow Cashew T he supply of cashew nut kernels is restricted because the cashew tree is very sensitive to climate.  They are genuinely tropical, countries grow cashew trees like  Việt Nam, Ấn Độ, Bờ Biển Ngà, Benin, Guinea-Bisseau, Cape Verde, Tanzania, Mozambique, Ind

Binh Phuoc Vietnam Increases Cashew Tree Yield

  I n the southern province of Vietnam,   Binh Phuoc is known as Vietnam’s “cashew capital” , Binh Phuoc is proposing a project to develop and Increase the Cashew Cultivation Area cashew tree as the main crop. Binh Phuoc Vietnam Increases Raw Cashew Output. Binh Phuoc province  is the largest place to  grow cashew in Vietnam , about 50% of the Vietnam cashew area. 150,000 ha Cashew Tree with an output of 1,5 tons per ha. Binh Phuoc  is home to a large area of agricultural land that grows many types of trees such as  rubber, pepper, cashew…  Currently, Binh Phuoc province is making efforts to increase  the area of cashew cultivation  because the soil & climate is most suitable for  cashew trees .  Vietnam is about 290,000 hectares (2021) , and  Binh Phuoc  alone accounts for  60% of the Vietnam cashew area,  about 150,000 ha with an output of 1,5 tons per ha. And Bình Phuoc also has more than 1,400 processing facilities with a total capacity of more than 500,000 tons a year. => R

Vietnam’s Cashew Exported To EU Increase by 15% In 2021

  According to Vietnam’s Ministry of Industry and Trade , it is estimated that Vietnam’s cashew exports in 2021 to the EU market reach 135,000 tons, worth 816 million USD, up 16.5% in volume and 7.9% in value over the previous year 2020. EU’s Demand for Cashew Nuts Increase The above  positive growth is due to the EU’s demand for  Vietnam cashew nuts  in the last month of the year reaching a high level according to the cyclical factor, in order to serve the Christmas and New Year holidays. Notably, the structure of Vietnam’s cashew exports to the EU market has generally fluctuated. In addition to focusing on exporting the main types of  cashew nuts W320  and  cashew W240 . => More Info:   Vietnam Earn 3,34 Billion USD Cashew Exports in 11 Months Vietnam W320 Cashew The Most Exported Product to the EU Market In the first 11 months of 2021,  W320 cashew nut  is the most exported  product to the EU marke t, accounting for 60.6% of the total volume and 67.8% of the total value, reaching