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  • Export of cashew nuts: Broad market, low material

    Nov 15th, 2016

    Vietnam is the largest cashew exporter in the world, Vietnam has the opportunity to increase market share increased demand if the product quality assurance.However, this is not easy because over half of input materials must be imported with high-quality, difficult to control.

    Open market but the product must be good

    At a conference on the new nut be held in Da Nang, Mr. Ranjeet Wallia - President and Chief Operating Officer Chi Commodities Handlers Group (Canada) said that the demand of the world's cashew growing in recent years, especially after the scientific evidence is proven nutritional nuts are widely publicized.

    According to Mr. Ranjeet Wallia, particularly in the US market, from 2010 to now, consumer demand has been growing cashew nuts 53% and become consumed more nuts 2nd, after almonds. People here are used to processing cashew snacks, combined with milk or used as other grains. Currently this market accounted for 32% of total annual exports that Vietnam, topped the list of countries that Vietnam imports.

    Also in the EU, Joseph Lang - CEO of the Company Kenkko House, one of the business enterprise the largest dry nuts here, also said that demand in the EU which is expected to continue to rise high in the near future, as consumers become more aware of the nutritional value of this nutrient nuts.However, increasing demand is always accompanied by requirements to ensure food safety and hygiene. European consumers, according to a study on the demand for cashew nuts, like the product of natural origin, not genetic modification; also want to know what the product contains, how is production and preservation of the stars ...

    A dry grain trading business in the Chinese market, said it will increase imports of high quality cashew nuts from Vietnam to meet the consumer demand of the people in the country.

    Worries materials

    According to the Ministry of Agriculture and Rural Development, as the first 10 months of 2016, domestic enterprises imported 913,000 tons of crude, worth $ 1.4 billion, up 17% in volume and 39% in value compared to the same period in 2015. the forecast this year, Vietnam may import 1 million tons of rolled material (if the import quota from Cambodia), accounting for 65% of domestic processing conditions.

    Thus, despite being rated as commodity turnover brings "billions", however, the number of such imports, the industry is one of the sectors with the supply and demand of raw materials most serious imbalances. Moreover, businesses are not actively being processed for export and could not control the quality and food safety.

    Mr. Bach Khanh Nhut - Deputy Director of Superintendence (crude unit most expertise Vietnam), said this year the import of raw cashew from Africa decreased markedly in quality, or is damp, moldy, sprout ... should a high percentage damaged goods. This has made tens of millions of dollars to Vietnam and, more importantly, reduce the individual brand reputation Vietnam.According to Nguyen Duc Thanh - Chairman of the Vietnam Cashew Association (Vinacas), if as before, the issue of food safety and hygiene posed only to the manufacturing sector, now that Vietnam has put into the whole chain, including processors, packaging, labor, machinery and equipment ...

    Recently, Vinacas has launched campaign committee established club cleaner production, bringing together pioneering businesses in the production of clean thing in Vietnam, in order to create movement and processing of food safety .Apart from the above solution, Vinacas also suggested that businesses should classify the lines of quality products imported and domestic origin, which have different prices. By via recorded reflected from the market, there is cashew products originated from Vietnam have pretty good quality, high nutrient content and are ensuring food safety.

    Mr. Thanh also said the upcoming, Vinacas will work with African partners to request and agreed measures product traceability, to avoid poor-quality goods enter, affect credibility quality of Vietnam's exports.


    Source: VietnamPlus (headliner by DNSG Online reset)