🌍 Market Overview
Entering October 2025, Vietnam’s cashew industry is entering the global peak consumption season. After the first 9 months recording nearly 550,000 MT of cashew kernel exports with a value of USD 3.65 billion, exporters expect October to remain a strong growth driver thanks to rising demand from the US, EU, and China.
According to Vietnam Customs and VINACAS, the average export price remains high at around USD 6,700/MT, showing strong demand despite ongoing logistics challenges.
📊 Key Market Drivers in October 2025
1. 🔺 Rising Seasonal Demand
- Q4 is traditionally the peak season for cashew consumption in the US, EU, and China.
- Import demand in October is forecast to increase by 5–7% compared to September, especially for WW240, WW320, and WW210 grades.
2. 🌱 Raw Cashew Nut (RCN) Supply
- Supply from West and East Africa remains stable.
- Vietnamese processors tend to import RCN early to secure stock for year-end orders, mitigating risks of sudden price hikes.
3. 🚢 Logistics & Freight Costs
- Freight costs remain a major challenge. US and EU routes may see additional surcharges during the high season.
- Short-haul shipments to China and Northeast Asia remain more cost-effective, creating a competitive edge.
4. 🏭 Value-added Products
- Roasted and flavored cashews, retail-ready packs (PET jars, zip pouches) are gaining strong interest in EU and Korea.
- OEM/private label orders are increasing due to demand for premium packaging and certified supply.
⚠️ Challenges Ahead
- Logistics pressure: High freight rates and surcharges continue to reduce profit margins.
- Quality standards: EU and US tighten requirements on ESG compliance, traceability, and food safety.
- Currency fluctuation: USD/VND exchange rate volatility may affect raw material imports and international payments.
✅ Conclusion
October 2025 promises to be an active month for Vietnam’s cashew industry, with rising import demand from key markets. However, logistics costs and stricter standards remain barriers that exporters must manage carefully.
With a processing capacity of over 700 MT/month, full international certifications (BRC, HACCP, FSPCA, Halal, Kosher), and strong OEM/private label capability, SVC is well-positioned to capture growth opportunities and reinforce Vietnam’s role as a leading cashew exporter.
📧 Contact for OEM & Export (Cashew): thanh@svc.vn | thanh@svcfoods.vn
📱 WhatsApp: (+84) 909 432 477
📚 Sources
- Vietnam Customs – Export Data 9M/2025
- VINACAS – Market Outlook October 2025
- VietnamPlus, VnEconomy – Agricultural Export Updates
- AfriCashewSplits – RCN Market Report 2025