Latest Report Update: Apr 2, 2021

Australia - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Australia: Cashew Nut Market Overview 2021

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global palm oil market.

Thursday, May 6th, 2021 @ 10:00 am ET

Register Now

Cashew Nut Market Size in Australia

The Australian cashew nut market contracted notably to $X in 2019, declining by -X% against the previous year. Over the period under review, consumption saw a slight descent. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Cashew Nut Production in Australia

In value terms, cashew nut production stood at $X in 2019 estimated in export prices. Overall, production showed a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

In 2019, the average cashew nut yield in Australia stood at X kg per ha, approximately equating the year before. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cashew nut harvested area in Australia totaled X ha in 2019, therefore, remained relatively stable against the previous year's figure. In general, the harvested area saw a relatively flat trend pattern.

Cashew Nut Exports

Exports from Australia

In 2019, the amount of cashew nuts exported from Australia declined notably to X tonnes, dropping by -X% compared with the previous year's figure. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, cashew nut exports shrank markedly to $X in 2019. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

Exports by Country

Viet Nam (X tonnes) was the main destination for cashew nut exports from Australia, accounting for a X% share of total exports. Moreover, cashew nut exports to Viet Nam exceeded the volume sent to the second major destination, New Zealand (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Viet Nam stood at -X%.

In value terms, Viet Nam ($X) remains the key foreign market for cashew nut exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Viet Nam stood at -X%.

Export Prices by Country

In 2019, the average cashew nut export price amounted to $X per tonne, approximately mirroring the previous year. Overall, the export price showed a slight decline. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was New Zealand ($X per tonne), while the average price for exports to Viet Nam totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam.

Cashew Nut Imports

Imports into Australia

In 2019, the amount of cashew nuts imported into Australia shrank significantly to X tonnes, declining by -X% compared with 2018. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, cashew nut imports fell sharply to $X in 2019. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018, and then reduced remarkably in the following year.

Imports by Country

Viet Nam (X tonnes) and Cambodia (X tonnes) were the main suppliers of cashew nut imports to Australia, together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Cambodia.

In value terms, Cambodia ($X) and Viet Nam ($X) appeared to be the largest cashew nut suppliers to Australia, with a combined X% share of total imports.

In terms of the main suppliers, Cambodia recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2019, the average cashew nut import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne, and then fell dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Cambodia ($X per tonne), while the price for Viet Nam stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?
+
India (1.6M tonnes) constituted the country with the largest volume of cashew nut consumption, accounting for 43% of total volume. Moreover, cashew nut consumption in India exceeded the figures recorded by the second-largest consumer, Viet Nam (501K tonnes), threefold. Burundi (283K tonnes) ranked third in terms of total consumption with a 7.6% share.
What are the largest producers of cashew nuts in the world?
+
The countries with the highest volumes of cashew nut production in 2019 were Cote d'Ivoire (793K tonnes), India (743K tonnes) and Ghana (321K tonnes), with a combined 41% share of global production. These countries were followed by Burundi, Viet Nam, the Philippines, Nigeria, Tanzania, Benin, Mali, Guinea-Bissau, Brazil and Burkina Faso, which together accounted for a further 46%.
What are the leading suppliers of cashew nuts to Australia?
+
In value terms, the largest cashew nut suppliers to Australia were Cambodia ($60K) and Viet Nam ($55K), together accounting for 99% of total imports.
What are the leading importers of cashew nuts from Australia?
+
In value terms, Viet Nam ($14K) remains the key foreign market for cashew nut exports from Australia, comprising 52% of total exports. The second position in the ranking was occupied by New Zealand ($5.1K), with a 19% share of total exports.
What is the average export price for cashew nuts in Australia?
+
The average cashew nut export price stood at $1,728 per tonne in 2019, almost unchanged from the previous year.
What is the average import price for cashew nuts in Australia?
+
The average cashew nut import price stood at $8,055 per tonne in 2019, reducing by -27.3% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

This report provides an in-depth analysis of the cashew nut market in Australia. 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:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global metal tank market.



Thursday, April 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data