Cassava struggles to reach export goal
Thursday, August 23,2018AsemconnectVietnam - Cassava is one of Viet Nam’s billion-dollar export products. But the starchy root’s dependence on a single export market as well as shrinking production supply areas have challenged the industry’s ambitious goal of reaching US$2 billion worth of exports by 2023.
The export value of cassava from 2013 to date has reached $1-$1.35 billion per year, ranking fourth in Viet Nam’s agro-exports after rice, coffee and cashew.
However, exports to China are declining.
The amount of products shipped to China dropped 27.4 per cent in volume, reaching over 1.3 million tonnes in the first half, fetching the country $476.6 million, data from the General Department of Customs showed.
Chinese customs data showed China imported 3.26 million tonnes of cassava worth $758.7 million in the first half, down 23.7 per cent in volume but up 2.4 per cent in value compared to the same period of last year.
Demand from China is expected to rise in the coming months after the hot season, but not to reach a high level.China has large inventory of maize due to livestock difficulties. This corn may be used for ethanol production.
Chinese companies are considering the use of alternative materials such as corn, rice and vermicelli to produce ethanol as these materials are cheaper.
Lower supply
According to Vu Duc Trong, director of Tay Ninh’s Department of Agricultural and Rural Development, cassava production area in the province reached 61,636ha in 2016 but is expected to decrease to about 40,000 this year as a result of serious diseases.
Despite having imported millions of tonnes of fresh cassava from Cambodia each year, the severe disease in Cambodiadrove down imports this year. Therefore, 68 cassava starch factories in the province are operating at about 50 per cent capacity, Trong said at the conference on the cassava sector on Wednesday.
There are currently about 150 cassava starch factories nationwide, 73 per cent of which operate on an industrial scale. Most cassava buyers plan to use it for bio-fuel production.
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