World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cashew Nut Market

Cashew nut market: read newly released info powered by an Ai-driven business intelligence platform. Info include imports, companies, production, market size, exports, consumption, trade, and market prices. Here is a split by region, including EU, the U.K., Russia, the U.S., Latin America, Africa, the Middle East, and China. Market trends and forecast to 2030 are also provided in the dashboards.


Get FREE access to the latest data and statistics on the Cashew Nut Market.

Cashew Nut - World's Largest Markets

RatingCountry
1India
2Vietnam
3Brazil
4Philippines
5Burundi

In value terms, India, Vietnam and Brazil constituted the countries with the highest levels of market value in 2020, together comprising 75% of the global market. These countries were followed by the Philippines, Burundi, Cote d'Ivoire, Mali, Burkina Faso and Mozambique, which together accounted for a further 15%.

Burkina Faso (+128.0% per year) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while cashew nut market for the other global leaders experienced more modest paces of growth.

Cashew Nut Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Nigeria96194110464.3%
Benin125713291087-7.0%
Cote d'Ivoire161612001103-17.4%
Ghana163112271139-16.4%
Guinea-Bissau194613981281-18.9%
Indonesia165814861323-10.7%
Tanzania399514361525-38.2%
Average180312711217-17.8%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Tanzania ($1,525 per ton) and Indonesia ($1,323 per ton), while Nigeria ($1,046 per ton) and Benin ($1,087 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India156612911244-10.9%
Vietnam119012791150-1.7%
Average135013031211-5.3%

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was India ($1,244 per ton), while Vietnam amounted to $1,150 per ton.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.

Need Help Getting into New Markets?

We'll show you how to get there.
Schedule a free 30-minute talk with our specialist.

Book Your Free Call
Marín Orriols
Marín Orriols

Cashew Nut - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Vietnam1.21.71.49.9%
India0.81.11.114.1%

In value terms, the largest cashew nut importing markets worldwide were Vietnam ($1.4B) and India ($1.1B).

India saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Cashew Nut - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Cote d'Ivoire1.10.70.6-23.9%
Tanzania0.50.20.4-14.4%
Ghana0.50.40.3-13.5%
Benin0.10.20.218.8%
Guinea-Bissau0.10.10.1-0.2%

In value terms, Cote d'Ivoire ($612M), Tanzania ($362M) and Ghana ($341M) constituted the countries with the highest levels of exports in 2020, together comprising 63% of global exports. Benin, Guinea-Bissau, Indonesia and Nigeria lagged somewhat behind, together comprising a further 24%.

Nigeria recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Cashew Nut - Market Forecast

Driven by rising demand for cashew nut worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Cashew Nut - Top Companies

Changyang Yansongping Penggan Production & Marketing Specialty Cooperative, Henan Hua'an Dushi Agriculture Co.,Ltd., KYNDALYN PARK PTY LTD, Wonderful Orchards LLC, SELECT HARVESTS LIMITED, WEBSTER LIMITED, AROFA SL, LA PIEDRA REDONDA SL, Mariani Nut Company, Inc., MACADAMIA PROCESSING CO LTD, Candor-Ags, Inc., ALMENDRAS Y FRUTOS SECOS BONANY SL, COOPERATIVA AGRICOLA I SECCIO DE CREDIT DE LA SELVA DEL CAMP SOCIEDAD COOPERATIVA CATALANA, Monte de Oro SA, Jiaocheng County Nongyichang Agriculture & Animal Husbandry Specialty Cooperativ e, Yichang Xiaoxihong Orange Specialty Cooperative, Hawaiian Orchards Royal L P, FRUTAS BORJA SL, Evans Farms GP, C.M.V. FARMS PTY. LTD.

Cashew Nut - Product Coverage

  • HS 080131 - Nuts, edible; cashew nuts, in shell, fresh or dried

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global cashew nut market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 217 - Cashew nuts

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
Store
Blog
Event
Featuring the Strong Processing Industry, Vietnam and India Dominate Global Raw Cashew Nut Market
Sep 16, 2020
Eye 1437

The global cashew nut market expanded significantly to $14.9B in 2019, growing by 5.6% against the previous year....

Which Country Eats the Most Cashew Nuts in the World?
Feb 9, 2018
Eye 6116

Global cashew nut consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.

Which Country Produces the Most Cashew Nuts in the World?
Oct 17, 2017
Eye 30429

In 2015, the countries with the highest levels of production in 2015 were Nigeria (X thousand tons), India (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.

Cashew Nut Market - India’s Cashew Nut Exports Dropped 4 %
Aug 23, 2015
Eye 1365

India dominates in the global cashew nut trade. In 2014, India exported X thousand tons of cashew nuts totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cashew nut exp

Cashew Nut Market - Vietnam Remains the Global Leader in Cashew Production, With 111,1K Tons in 2013
Apr 6, 2015
Eye 1159

The output of the four major producers of cashew nuts, namely Vietnam, Nigeria, India and Côte d'Ivoire, constitute more than X% of global output.

Which Country Eats the Most Brazil Nuts in the World?
Feb 9, 2018
Eye 1792

Global brazil nut consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.

Which Country Produces the Most Brazil Nuts in the World?
Oct 16, 2017
Eye 9684

In 2015, the countries with the highest levels of production in 2015 were Bolivia (X thousand tons), Brazil (X thousand tons), Côte D'Ivoire (X thousand tons), together accounting for X% of total output.

Brazil Nut Market - Globalization on the Brazil Nut Market
Jul 21, 2016
Eye 7942

Modern processes of globalization and improvement of production and logistics processes stimulate the development of exotic product markets. For example, if earlier Brazil nuts were strictly a local commodity, now they are

Bolivia Seen Decent Growth in Brazil Nut Exports in 2014
Aug 24, 2015
Eye 1538

Bolivia dominates in the global Brazil nut trade. In 2014, Bolivia exported X thousand tons of Brazil nuts totaling X million USD, a robust X% over the previous year. Its primary trading partner was the United Kingdom, where it supplied X% of it

Global Coconut Market 2019 - Thailand's Imports Continue to Grow Robustly, While Domestic Production Declines
Sep 17, 2019
Eye 1541

In Thailand, coconut imports increased at an average annual rate of +30.9% over the period from 2007-2018.

Free Data: Cashew Nuts - World