πŸ” Overview After Q1/2025: A Temporary Slowdown

In Q1/2025, Vietnam’s cashew export industry experienced a decline in export volume as global buyers adjusted inventory levels, while logistics costs remained high. However, the average export price rose sharply, signaling that demand remains steady, with markets temporarily β€œwaiting for a new wave.”

πŸ“‰ Key Challenges in the Current Period:

1️⃣ Reduced Orders from Major Markets

β€’ The U.S., EU, and China have scaled back short-term imports to manage stock levels after the previous peak season.

2️⃣ High Sea Freight Costs Persist

β€’ Elevated logistics expenses continue to reduce Vietnam’s price competitiveness.

3️⃣ Rising Pressure from New Competitors

β€’ Some African countries have improved processing quality and are offering more competitive prices, especially in Asian markets.

πŸ“ˆ Opportunities in Q2 and the Latter Half of the Year:

βœ… Average Export Price Increased by 26.7%

β€’ Higher prices present a chance to boost profits if businesses optimize operations and maintain product quality.

βœ… Demand to Rise During Peak Seasons

β€’ From April to August, major markets will resume purchasing to prepare for holiday and year-end demand.

βœ… Growing Trend Toward Value-Added Cashew Products

β€’ Items like flavored roasted cashews, organic nuts, and snacks are opening new, higher-value channels beyond raw kernels.

πŸ’Ž SVC is proactively adapting to market changes, accelerating product standardization and expanding value-added offerings to capitalize on export recovery opportunities later in the year.


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