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Angola - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Angola: Cashew Nut Market Overview 2021

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Cashew Nut Market Size in Angola

In 2020, after six years of growth, there was significant decline in the Angolan cashew nut market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Cashew Nut Production in Angola

In value terms, cashew nut production shrank significantly to $X in 2020 estimated in export prices. In general, production saw a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then fell sharply in the following year.

In 2020, the average cashew nut yield in Angola expanded modestly to X kg per ha, growing by X% compared with 2019 figures. The yield figure increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, the average cashew nut yield reached the maximum level in 2020 and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of cashew nuts were harvested in Angola; remaining relatively unchanged against the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. from 2015 to 2020, the growth of the cashew nut harvested area remained at a lower figure.

Cashew Nut Exports

Exports from Angola

In 2020, exports of cashew nuts from Angola fell rapidly to X kg, dropping by -X% compared with 2019. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at X kg in 2019, and then dropped notably in the following year.

In value terms, cashew nut exports contracted significantly to $X in 2020. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports reached the maximum at $X in 2019, and then reduced notably in the following year.

Exports by Country

Namibia (X kg) was the main destination for cashew nut exports from Angola, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Namibia was relatively modest.

From 2007 to 2019, the average annual rate of growth in terms of value to Namibia was relatively modest.

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2019, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2007 to 2019, the rate of growth in terms of prices for Namibia amounted to X% per year.

Cashew Nut Imports

Imports into Angola

In 2020, approx. X tonnes of cashew nuts were imported into Angola; which is down by -X% on the previous year's figure. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, cashew nut imports fell dramatically to $X in 2020. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Brazil (X kg) constituted the largest cashew nut supplier to Angola, accounting for a X% share of total imports. Moreover, cashew nut imports from Brazil exceeded the figures recorded by the second-largest supplier, Namibia (X kg), fivefold. The third position in this ranking was occupied by India (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (-X% per year) and India (-X% per year).

In value terms, Brazil ($X) constituted the largest supplier of cashew nut to Angola, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Brazil totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Namibia (-X% per year).

Import Prices by Country

In 2020, the average cashew nut import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price showed a slight curtailment. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Brazil ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?
+
The countries with the highest volumes of cashew nut consumption in 2020 were India (1.6M tonnes), Viet Nam (1.5M tonnes) and Cote d'Ivoire (310K tonnes), together accounting for 72% of global consumption. The Philippines, Mali, Brazil, Burkina Faso, Cambodia, Mozambique and Guinea-Bissau lagged somewhat behind, together accounting for a further 20%.
What are the largest producers of cashew nuts in the world?
+
The countries with the highest volumes of cashew nut production in 2020 were Cote d'Ivoire (864K tonnes), India (754K tonnes) and Ghana (346K tonnes), with a combined 44% share of global production. Viet Nam, the Philippines, Tanzania, Benin, Mali, Nigeria, Guinea-Bissau, Burkina Faso, Brazil and Indonesia lagged somewhat behind, together comprising a further 44%.
What are the leading suppliers of cashew nuts to Angola?
+
In value terms, Brazil ($4.5K) constituted the largest supplier of cashew nut to Angola, comprising 65% of total imports. The second position in the ranking was occupied by India ($857), with a 12% share of total imports. It was followed by Namibia, with a 11% share.
What is the average export price for cashew nuts in Angola?
+
The average cashew nut export price stood at $8,800 per tonne in 2019, approximately equating the previous year.
What is the average import price for cashew nuts in Angola?
+
In 2020, the average cashew nut import price amounted to $6,745 per tonne, reducing by -30.4% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

This report provides an in-depth analysis of the cashew nut market in Angola. 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 2025.


Country coverage:
• Angola

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Angola
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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