U.S. - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCashew Nut Price in the United States - 2023
Contents:
- Cashew Nut Price in the United States (FOB) - 2022
- Cashew Nut Price in the United States (CIF) - 2022
- Cashew Nut Exports in the United States
- Cashew Nut Imports in the United States
Cashew Nut Price in the United States (FOB) - 2022
In 2022, the average cashew nut export price amounted to $6,119 per ton, which is down by -17.5% against the previous year. In general, the export price saw a mild slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 25%. The export price peaked at $7,864 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($13,217 per ton), while the average price for exports to the Netherlands ($3,291 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+56.0%), while the prices for the other major destinations experienced more modest paces of growth.
Cashew Nut Price in the United States (CIF) - 2022
In 2022, the average cashew nut import price amounted to $7,361 per ton, declining by -8% against the previous year. Over the period under review, the import price showed a slight curtailment. The growth pace was the most rapid in 2015 an increase of 6.7%. The import price peaked at $8,846 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($12,602 per ton), while the price for Cote d'Ivoire ($6,190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Cashew Nut Exports in the United States
In 2022, approx. 321 tons of cashew nuts were exported from the United States; rising by 28% compared with the year before. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, cashew nut exports expanded remarkably to $2M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Cashew Nut in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 111 | 130 | 282 | 1,028 | 110.0% |
| Dominican Republic | 46.7 | 6.2 | 29.8 | 242 | 73.0% |
| Jamaica | 269 | 271 | 368 | 162 | -15.6% |
| Panama | 6.6 | 28.6 | 160 | 152 | 184.5% |
| Costa Rica | N/A | N/A | 196 | 140 | -28.6% |
| Netherlands | N/A | N/A | N/A | 103 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 30.9 | 0% |
| South Korea | 63.4 | 64.7 | 112 | 20.3 | -31.6% |
| Trinidad and Tobago | 156 | 132 | 449 | N/A | 69.7% |
| Mexico | N/A | 85.7 | N/A | N/A | 0% |
| Honduras | N/A | N/A | 102 | N/A | 0% |
| Others | 27.2 | 53.8 | 161 | 83.2 | 45.2% |
| Total | 679 | 773 | 1,859 | 1,962 | 42.4% |
Top Export Markets for Cashew Nut from the United States in 2022:
- Canada (188.5 tons)
- Netherlands (31.3 tons)
- Dominican Republic (28.3 tons)
- Costa Rica (21.0 tons)
- Jamaica (18.7 tons)
- Panama (11.5 tons)
- United Arab Emirates (7.2 tons)
- South Korea (1.2 tons)
Cashew Nut Imports in the United States
In 2022, approx. 130 tons of cashew nuts were imported into the United States; dropping by -26.3% against 2021 figures. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of 177 tons, and then dropped significantly in the following year.
In value terms, cashew nut imports plummeted to $959K in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $1.4M, and then declined remarkably in the following year.
| Import of Cashew Nut in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,222 | 939 | 1,062 | 635 | -19.6% |
| Burkina Faso | N/A | N/A | N/A | 272 | 0% |
| Netherlands | N/A | N/A | 162 | 29.5 | -81.8% |
| Cote d'Ivoire | N/A | 168 | N/A | 22.9 | -63.1% |
| Others | 69.1 | 44.2 | 192 | N/A | 66.7% |
| Total | 1,291 | 1,152 | 1,416 | 959 | -9.4% |
Top Suppliers of Cashew Nut to the United States in 2022:
- Vietnam (93.3 tons)
- Burkina Faso (30.9 tons)
- Cote d'Ivoire (3.7 tons)
- Netherlands (2.3 tons)
This report provides an in-depth analysis of the cashew nut market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The average export cashew nut price per ton stood at $9,740 in Apr 2022, picking up by 88% against the previous month.
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In terms of value, imports of Brazil Nut decreased significantly to $304K in July 2023.
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The global cashew nut market expanded significantly to $14.9B in 2019, growing by 5.6% against the previous year....
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Global cashew nut consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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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.
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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
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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.
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Global brazil nut consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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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.
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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
