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Kanematsu Vietnam - Expanding Rice Market in EU: A Journey of Exploration and Opportunity

29-09-2023

News

Unlocking the European Union's Rice Market Potential

In an exciting and strategic move to expand its global footprint, We, Kanematsu Vietnam recently embarked on a 36-day journey to explore the immense potential of the European Union's (EU) rice market. Collaborating closely with Kanematsu Germany, this voyage marked a significant step toward strengthening our presence in this promising European marketplace.

The EU Market: A World of Opportunity

The EU, known for its diverse culinary preferences and discerning palates, has emerged as an attractive destination for rice exports. With its rich tapestry of cultures and cuisines, it presents a treasure trove of opportunities for high-quality rice suppliers. Recognizing this potential, Kanematsu Vietnam set forth on this exploration of the EU rice sector.

Why the EU?

With an extensive track record of exporting rice to countries like the UK, Germany, Poland, France, Iceland, and Turkey, Kanematsu Vietnam sought to further expand its reach within the EU. The Company's decision to explore the EU market was driven by shifting dynamics in the rice trade. Market changes, including the soaring prices of rice like Carole from the US and India's recent restrictions on non-basmati rice exports to the EU, have created an opening for Vietnamese rice to establish a foothold in this lucrative market.

Diving Deep into Market Research

In today's dynamic global trade landscape, understanding market intricacies is key to success. During our extensive stay in the EU, Kanematsu Vietnam dedicated significant time to comprehensive market research. The goal was to gain a profound understanding of consumer preferences, emerging market trends, and the specific concerns of buyers within the EU. These insights will serve as the compass guiding Kanematsu Vietnam in tailoring its offerings to meet the unique demands of European consumers.

Strengthening Relationships, One Meeting at a Time

At the heart of Kanematsu Vietnam's business philosophy lies the importance of robust customer relationships. Our journey through Germany, Spain, the Netherlands, and other EU countries, where we strengthened existing partnerships and forged new ones. Face-to-face interactions allowed us to build trust, enhance communication, and ensure that customer expectations are not only met but also consistently exceeded.

Beyond Business: Exploring the Beauty of Europe

In addition to the journey of exploring the EU market, this is also an opportunity to discover the rich cultural tapestry and natural beauty of Europe. From magnificent landscapes to historic landmarks and diverse culinary experiences, the trip has provided a comprehensive view of the visited regions. This brings opportunities for developing new products and opening new business prospects for Kanematsu Vietnam alongside our core rice products. This cultural integration serves as a reminder of the diverse global market that Kanematsu Vietnam operates within.

As Kanematsu Vietnam continues to expand its presence in the EU rice market, this journey stands as a testament to the company's commitment to excellence, growth, and meaningful customer relationships. With a deeper understanding of the EU market, Kanematsu Vietnam is well-prepared to provide top-quality rice products that cater to the unique tastes and preferences of European consumers.

Stay tuned for further updates as Kanematsu Vietnam strives to bring the finest Vietnamese rice varieties to tables across Europe, enriching the culinary experiences of consumers on the continent.

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