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    Home > Food News > Food Articles > Germany's imports of cashew nuts from the Vietnamese market increase

    Germany's imports of cashew nuts from the Vietnamese market increase

    • Last Update: 2021-12-24
    • Source: Internet
    • Author: User
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    Vietnam’s “Business News” reported on December 7 that the market share of Vietnamese cashew nuts in Germany’s total imports rose from 57.
    51% in the first nine months of 2020 to 62.
    46% in the first nine months of this year
    .
     
    The Import and Export Bureau of the Ministry of Industry and Trade of Vietnam cited statistics from the International Trade Center (ITC) that in the first nine months of this year, Germany imported 45,200 tons of cashew nuts from the world, with an import value of US$32443 million, a year-on-year decrease of 9.
    5% and 14.
    1% respectively
    .
    The complicated development of the epidemic in Vietnam and difficulties in customs clearance are the reasons for the decline in cashew imports from Vietnam in the first nine months of this year
    .

     
    In the first nine months of this year, the average import price of cashew nuts in Germany was US$7,177/ton, a year-on-year decrease of 5.
    1%
    .
    Among them, the average import price of German cashew nuts from markets such as India, the Netherlands and Vietnam decreased, but the average import price from Indonesia and Côte d’Ivoire increased
    .
    In the first nine months of this year, due to the impact of the epidemic, Germany reduced its imports of cashew nuts from Vietnam, but the decline in imports from Vietnam was still lower than the decline in imports from the Indian and Dutch markets
    .
     
    In the first nine months of this year, Germany imported 28,230 tons of cashew nuts from Vietnam, with an import value of US$20121 million, a year-on-year decrease of 1.
    7% and 7.
    0% respectively
    .
    Even so, the market share of Vietnamese cashew nuts in Germany has increased from 57.
    51% in the first nine months of 2020 to 62.
    46% in the first nine months of this year
    .

     
    Germany is the largest import market for cashew nuts in the European Union (EU)
    .
    According to Eurostat, Germany's cashew nut imports account for about 29% of the EU's total and total imports
    .
    Due to the high demand of the food processing industry and the final consumer demand of the people, the consumption demand for cashew nuts in Germany is increasing
    .

    Imported Cashew Nuts
     
    The Import and Export Bureau of the Ministry of Industry and Trade of Vietnam cited statistics from the International Trade Center (ITC) that in the first nine months of this year, Germany imported 45,200 tons of cashew nuts from the world, with an import value of US$32443 million, a year-on-year decrease of 9.
    5% and 14.
    1% respectively
    .
    The complicated development of the epidemic in Vietnam and difficulties in customs clearance are the reasons for the decline in cashew imports from Vietnam in the first nine months of this year
    .

     
    In the first nine months of this year, the average import price of cashew nuts in Germany was US$7,177/ton, a year-on-year decrease of 5.
    1%
    .
    Among them, the average import price of German cashew nuts from markets such as India, the Netherlands and Vietnam decreased, but the average import price from Indonesia and Côte d’Ivoire increased
    .
    In the first nine months of this year, due to the impact of the epidemic, Germany reduced its imports of cashew nuts from Vietnam, but the decline in imports from Vietnam was still lower than the decline in imports from the Indian and Dutch markets
    .
     
      In the first nine months of this year, Germany imported 28,230 tons of cashew nuts from Vietnam, with an import value of US$20121 million, a year-on-year decrease of 1.
    7% and 7.
    0% respectively
    .
    Even so, the market share of Vietnamese cashew nuts in Germany has increased from 57.
    51% in the first nine months of 2020 to 62.
    46% in the first nine months of this year
    .

     
      Germany is the largest import market for cashew nuts in the European Union (EU)
    .
    According to Eurostat, Germany's cashew nut imports account for about 29% of the EU's total and total imports
    .
    Due to the high demand of the food processing industry and the final consumer demand of the people, the consumption demand for cashew nuts in Germany is increasing
    .
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