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Cashew export market first 2 months of 2016

<p></p><p>According to preliminary statistics of the General Administration of Customs, exports of cashew nuts of the country first 2 months of 2016 grew slightly over 5% compared to the same period in 2015, reaching 266.33 million. <br></p> <p>United States - leading consumption market of Vietnam cashew nuts, export turnover of the first 2 months of this year a slight decrease of 1.93% over the same period, reaching 73.36 million. 2nd largest market is China grew by 5.88%, reaching 56.36 million; followed by the Netherlands market reached 33.85 million, up 22.25%; Canada reached 11.43 million, down 18.83% over the same period. <br></p> <p>In the domestic market, the price of cashew nuts are pretty good. January due to rising demand for the Lunar New Year, the price of crude purchasing to processing increased sharply, up to 39000-40000 / kg. From mid-February to now, Dong Nai, Binh Phuoc and Lam Dong starts fresh harvest and the price this year is considered the highest in 10 years. <br></p> <p>According to experts, the price of this year rose due to rising world prices and domestic cashew unsurpassed quality. Consumer demand of the world's cashews in 2016 is forecast to continue to rise, especially in the Middle East, the US, China ... However, supply is likely to decline due to the effects of El Nino. <br></p> <p>According to Nguyen Duc Thanh, chairman of Vietnam Cashew Association (Vinacas), El Niño will impact significantly on the left making process as well as productivity, output of Vietnam. Therefore, production of articles of Vietnam's 2016 forecast is unchanged compared with 2015. In addition, the amount of inventory that is very low in the country. DN had to wait until the harvest season in the country and Cambodia for processing materials. <br></p> <p>Dong Nai has 35,000 hectares under cultivation, but only about 30,000 ha harvested this year, production is expected around 36,000 tons, down by 10-15% compared with 2015. Meanwhile, the existing Dong Nai 60 processing facilities, with a capacity of 60,000 tons. Therefore, expected in 2016, enterprises in Dong Nai have to import about 30,000 tons to meet the processing needs. <br></p> <p>Accordingly, Vinacas has stepped up cooperation with the Ivory Coast in order to increase the supply of raw materials for domestic enterprises. Vinacas said, Ivory Coast is the output leading to over 700,000 tons. 2015, Vietnam imported 867,000 tons of crude from 25 countries, of which imported 302,000 tons of Ivory Coast (approximately 36%). However, commercial transactions are more volatile crude from the Ivory Coast, such as the shipment was irrevocable, partners delivery delay, request support prices ... <br></p> <p>However, the difficulties that businesses are facing, the main thing is the price of raw materials is currently at high levels, while price increases did not make individual enterprises dare not for fear of loss buying. Specifically, in 2015, importers of crude kind usually only at $ 1,200 / ton and $ 1,350 is kind of good / ton. But recently, a lot of things imported from Tanzania, Benin can cost up to $ 1,610 / ton. <br></p> <p>Experts said that cashew exports to Europe in 2016 will be difficult due to the tightening of regulations on food hygiene and safety. The US market also provides requirements traceability and control of food safety for the cashews. Therefore, to overcome these difficulties, enterprises need to improve production capacity, technological innovation to promote intensive processing, providing higher added value, aims to compete on quality rather than only semi-processed and then exported as today. <br></p> <p>Preliminary statistical data of GDC cashew exports first 2 months of 2016</p><p></p><p><strong>Market&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2T / 2016&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2T / 2015+/- (%)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2T / 2016 yoy</strong></p><p><strong>Total turnover &nbsp; &nbsp;&nbsp; 266 326 81 &nbsp; &nbsp;&nbsp; 2253 510 679&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +5.06<br>USA &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 73,359,49 &nbsp; &nbsp; &nbsp;&nbsp; 674,800,974 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; -1.93<br>China &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 56,355,09 &nbsp; &nbsp; &nbsp; &nbsp; 553,223,590 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; +5.88<br>Netherlands &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33,846,08 &nbsp; &nbsp; &nbsp; &nbsp; 427,686,556 &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; +22.25<br>Canada &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 11,427,950 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14,079,436 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; -18.83<br>Australia &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 9380493 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13,645,966&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -31.26<br>Virtue &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9004807 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 6764374 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; +33.12<br>Brother &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; 8776609 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 7614052 &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; +15.27<br>Thailand &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6441962 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 7255768 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; -11.22<br>Fall &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 4311664 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3020832 &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; +42.73<br>India &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 4.259 million &nbsp; &nbsp; &nbsp; 1294300 &nbsp; &nbsp; &nbsp;&nbsp; +229.06<br>United Arab Emirates3595984 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 2815084 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +27.74<br>Hong Kong &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3073776 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 4267134 &nbsp; &nbsp; &nbsp; &nbsp; -27.97<br>Italia &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3069515 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3207424 &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; -4.30<br>Israe &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; l3068287 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1530050 &nbsp;&nbsp; &nbsp;&nbsp; +100.54<br>France &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2862703 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1763152 &nbsp; &nbsp;&nbsp; +62.36<br>Japan &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2612319 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3826987 &nbsp;&nbsp; &nbsp; -31.74<br>New Zealand &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2480269 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2503317 &nbsp; &nbsp;&nbsp; &nbsp; -0.92<br>Pakistan &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1606318 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 911 666 &nbsp; &nbsp; &nbsp; +76.20<br>Taiwan &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; 1473304 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2624258 &nbsp; &nbsp; &nbsp; -43.86<br>South Africa &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1324401 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1019735 &nbsp;&nbsp; &nbsp; +29.88<br>Spain &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1238544 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; 841 530 &nbsp; &nbsp; &nbsp;&nbsp; +47.18<br>Philippines &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 981 383 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 547 908 &nbsp;&nbsp; &nbsp; +79.11<br>Singapore &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; 928 894 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2079336 &nbsp; &nbsp; &nbsp; 55.33<br>Norway &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; 863 800 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 664 808 &nbsp; &nbsp; &nbsp; +29.93<br>Belgium &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 612 255 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 960 750 &nbsp; &nbsp; &nbsp;&nbsp; 36.27<br>Ukrainian &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 116 400 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 249 474 &nbsp; &nbsp; &nbsp; &nbsp; 53.34<br>Greek &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 114 625 &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 290 270 &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; 60.51<br></strong></p>Thuy Chung<br><p></p><p></p>