As Q4/2025 unfolds, Vietnam’s cashew industry continues to maintain strong export performance despite challenges in raw material costs and logistics. October marked a stable yet competitive month for cashew exporters, while November signals cautious optimism with improved demand from key international buyers.
📊 October 2025 – A Stable Month for Vietnam’s Cashew Exporters
According to data from VINACAS and Vietnam Customs, Vietnam exported an estimated 46,000–48,000 tons of cashew kernels in October 2025, valued at nearly USD 290 million, a 3% increase month-over-month.
- Average FOB HCMC price: • WW320: USD 7.10–7.30/kg • WW240: USD 7.50–7.70/kg • WW180: USD 8.50–8.70/kg
- Key export markets: The U.S. and EU remained dominant, accounting for 58% of total export volume, followed by China, UAE, and Japan. While demand from Europe increased slightly due to year-end orders, Asian markets remained steady with high-volume bulk shipments.
- Raw Cashew Nut (RCN): Imported RCN prices from West Africa (Côte d’Ivoire, Benin, Nigeria) hovered between USD 1,350–1,450/MT CIF, showing a 2% uptick due to reduced harvest yields and delayed shipping schedules.
- Logistics & Freight: Container availability improved slightly in late October, but freight rates to the U.S. West Coast and Europe remained 15–20% higher than early Q3, limiting profit margins for small processors.
📈 November 2025 – Demand Recovery and Price Firmness Expected
Entering November, the market shows signs of renewed global demand, particularly for premium grades (WW240, WW320) as retailers and food manufacturers stock for the Christmas and New Year season.
Market insights:
- Buyers from Germany, the Netherlands, and the UAE have resumed active purchasing, focusing on consistent quality and certified origins.
- The U.S. market continues to favor private-label suppliers with stable FOB pricing and long-term contracts.
- Domestic processors maintain cautious purchasing strategies amid high RCN prices and uncertain freight rates.
Price forecast:
- WW320 may remain in the range of USD 7.20–7.40/kg FOB,
- WW240 around USD 7.60–7.80/kg,
- RCN prices expected to stabilize between USD 1,350–1,400/MT CIF barring further shipping disruptions.
⚙️ SVC’s Approach – Stability, Quality & Reliability
With a global network across 63+ export destinations, SVC continues to ensure stable supply and consistent quality, even amid volatile conditions.
Key strategies include:
- Long-term contracts with reliable freight forwarders to control shipping costs.
- Diversified sourcing from multiple RCN origins for raw material stability.
- Continuous investment in BRC, HACCP, and FSPCA-certified facilities to meet premium buyers’ standards.
SVC remains committed to transparency, timely delivery, and sustainable partnerships — reinforcing its position as a trusted Vietnamese cashew supplier in the global market.
📧 Contact for OEM & Export Coordination: thanh@svc.vn
📱 WhatsApp: (+84) 909 432 477
🌍 Think Cashew Vietnam, Think SVC.
📚 Sources
- Vietnam Cashew Association (VINACAS) – Market Bulletin October 2025
- Vietnam Customs – Export Data, October 2025
- AfriCashewSplits – RCN Price Report, October 2025
- Drewry Shipping Index – Global Freight Rate Tracker, Week 44/2025