With plans to support Cambodia to develop its raw material areas, Vietnam's cashew industry is expected to have a stable supply of raw materials, helping to reduce dependence on imported raw materials from Africa, which are highly volatile in terms of quality and price. both.
Ingredients - Achilles heel of cashew industry
According to a report of the Vietnam Cashew Association (VINACAS), by the end of November 2017, the amount of cashew exports in 2017 of Vietnam reached nearly 333,000 tons of cashews, increasing 2.89% over the same period of 2016, reaching valued more than 3.31 billion USD, up 26.2% over the same period in 2016. Along with the traditional export markets are the US and China, in 2017, cashew exports increased in proportion EU countries posted growth of 9% in volume and 34% in value in the EU. The above results helped the Vietnam cashew industry continue to achieve 12 consecutive years of maintaining the No. 1 position on cashew nut export in the world, with cashew nut production accounting for over 50% of total trade value. global personnel.
However, Nguyen Duc Thanh, Chairman of VINACAS shared, despite continuously leading the world in cashew kernel export in recent years and the processing industry has developed strongly, but Vietnam's cashew industry is still Faced with the problem that it is difficult to depend on raw materials imported from African countries because the domestic production only meet about 20-35% of the processing needs of enterprises. Specifically, in the past 11 months, Vietnamese enterprises have imported over 1.2 million tons of raw cashew, valued at over $ 2.4 billion, up 23% and 55% respectively in volume and value over the same. According to Thanh, when importing raw cashew nuts from Cambodia, businesses are facing a lot of risks due to the difficulty in controlling the quality of inputs, many of the imported goods fail to meet the quality requirements. Long time delivery, risk in payment ...
In particular, the recent increase in raw cashew nut supply has not increased. This has caused difficulties for cashew processing enterprises in Vietnam. VINACAS's report also shows that while Vietnam's cashew nut export price has increased by 22% on average, the price of raw cashew nuts has increased by nearly 24%.
Construction of material areas in Cambodia
While expansion of cashew area in Vietnam is difficult due to the lack of land and competition with many other crops, the VINACAS leader said that Cambodia is one of the countries that produce cashews. Due to the good quality of cashew nut, climate conditions are quite suitable for the growth of cashew nut so the yield of cashew in Cambodia is quite high. In particular, the Ministry of Agriculture, Forestry and Fisheries of Cambodia is very interested in developing cashew to improve the lives of farmers. Recently, VINACAS has surveyed, working with the Ministry of Agriculture, Forestry and Fisheries Cambodia and some Cambodian companies proposed to cooperate to plant 500,000 hectares of cashew in Cambodia to have raw materials estimated at 1 million tons in the coming time. VINACAS and other cashew processing enterprises in Vietnam will commit to purchasing all the raw materials that the Cambodian production.
Hean Vannhorn, the country's chief of agriculture, the Cambodian Ministry of Agriculture, Forestry and Fisheries, said more than 100,000 hectares of rice are now being harvested. Land for expansion of cashew production in Cambodia is still very large. However, for the cooperation between the two sides to win as well as to attract the participation of farmers again, Oknha Leng Rithy, representative of the Cambodian business community expressed their desire to be assisted VINACAS selectively. breeding, technical support, cultivation techniques ... to ensure productivity, quality as well as profit for farmers when participating.
To realize this plan, last weekend, working group, study and support for development of Vietnam - Cambodia of VINACAS was launched. At the same time, VINACAS has donated 1.5 billion VND to support the development of 1 million cashew trees in Cambodia in the period from 2018-2022.It is known that from 2014 onwards, Cambodian raw cashew exports to Vietnam only accounted for 30% but in recent two years, this number has risen over 90%. In 2016, Cambodia produced over 104,000 tons of cashew nuts, of which the cashew processing business of Vietnam has purchased 100,000 tons. Cambodia is the fifth largest market for raw cashew in Viet Nam.
Dang Hoang Giang, vice president of VINACAS, estimated that with the estimated production of 1 million tons of raw material, Cambodia will be the world's largest producer of raw cashew nuts. Commitment to cooperate on the same geographic advantage, hope Vietnam cashew industry will solve the problem of raw material shortage as today.