Cassava and its products are among the key agricultural exports of Vietnam. Vietnamese cassava is known for its good quality, affordable price, and stable supply, which has gradually made Vietnam one of the major global producers and exporters of cassava.
According to the data from the publisher, in 2023, Vietnam's total cassava exports amounted to USD 223 million. The international market demand is expected to continue growing in 2024, with Vietnam's cassava cumulative export value reaching nearly USD 85 million from January to May 2024. The global demand for cassava is projected to further expand in the coming years.
The publisher analyzes that the major destinations for Vietnam’s cassava exports include China, South Korea and Pakistan, with exports to China accounting for over 90% of Vietnam's total cassava and cassava product exports. Between 2021 and 2024, the main export destinations for Vietnamese cassava were China, South Korea, and Singapore. Major companies importing cassava from Vietnam include Guangxi Jinyuan Biochemical, China SDIC International Trade Co., Ltd, and Kwang Joo (PTE) Ltd. The analysis of CRI also shows that most of Vietnam's cassava exports are handled by domestic cassava producers, with a smaller portion managed by subsidiaries of international cassava producers and distributors operating in Vietnam. Major cassava exporters in Vietnam include LHM Co., Ltd, Công Ty Hồng Nga Sài Gòn, and Công Ty TNHH Giang Huy Hoàng.
As an important agricultural product, the market demand for cassava is expected to continue growing. Currently, Vietnam ranks among the top in the world in terms of cassava production and export volume. According to the publisher, there remains significant growth potential for Vietnam's cassava exports.
Topics covered:
- The Export Volume and Value of Cassava in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Cassava in Vietnam (2021-2024)
- Total Export Value and Percentage Change of Cassava in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Cassava in Vietnam (January-May 2024)
- Total Export Value and Percentage Change of Cassava in Vietnam (January-May 2024)
- Average Export Price of Cassava in Vietnam (2021-2024)
- Top 10 Export Destinations for Vietnam Cassava and Their Import Volume
- Top 10 Suppliers in the Export Market of Cassava in Vietnam and Their Export Volume
- Top 10 Buyers in the Export Market of Cassava in Vietnam and Their Import Volume
- How to Find International Distributors and End Users of Cassava in Vietnam
- How Foreign Enterprises Enter the Cassava Export Market of Vietnam
- Forecast for the Export of Cassava in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- Guangxi Jinyuan Biochemical
- China Sdic International Trade Co Ltd.
- Kwang Joo (Pte)Ltd.
- Lhm Co Ltd.
- Công Ty Hồng Nga Sài Gòn
- Công Ty Tnhh Giang Huy Hoàng
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | August 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 230 Million |
| Forecasted Market Value ( USD | $ 313.47 Million |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
