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

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Cashew Nut Market Size in Australia

In 2020, the Australian cashew nut market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Cashew nut consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Cashew Nut Production in Australia

In value terms, cashew nut production fell to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Cashew nut production peaked at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

In 2020, the average yield of cashew nuts in Australia was estimated at X kg per ha, standing approx. at the previous year. Overall, the yield saw 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.

In 2020, approx. X ha of cashew nuts were harvested in Australia; almost unchanged from the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern.

Cashew Nut Exports

Exports from Australia

For the fourth year in a row, Australia recorded growth in shipments abroad of cashew nuts, which increased by X% to X tonnes in 2020. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, cashew nut exports declined to $X in 2020. In general, exports saw a mild curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Exports peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

India (X tonnes), Viet Nam (X tonnes) and New Zealand (X tonnes) were the main destinations of cashew nut exports from Australia, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in India, while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Viet Nam ($X) and New Zealand ($X) constituted the largest markets for cashew nut exported from Australia worldwide, with a combined X% share of total exports.

India recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cashew nut export price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was New Zealand ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand, while the prices for the other major destinations experienced a decline.

Cashew Nut Imports

Imports into Australia

In 2020, purchases abroad of cashew nuts was finally on the rise to reach X tonnes for the first time since 2015, thus ending a four-year declining trend. Overall, imports posted slight growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, cashew nut imports surged to $X in 2020. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2020, Viet Nam (X tonnes) was the main cashew nut supplier to Australia, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Viet Nam stood at +X%.

In value terms, Viet Nam ($X) constituted the largest supplier of cashew nut to Australia.

From 2007 to 2020, the average annual rate of growth in terms of value from Viet Nam totaled +X%.

Import Prices by Country

The average cashew nut import price stood at $X per tonne in 2020, jumping by X% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2013 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Viet Nam.

From 2007 to 2020, the rate of growth in terms of prices for Viet Nam amounted to +X% per year.

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 44% of total volume. Moreover, cashew nut consumption in India exceeded the figures recorded by the second-largest consumer, Viet Nam (348K tonnes), fivefold. The third position in this ranking was occupied by the Philippines (258K tonnes), with a 7% share.
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 47% share of global production. Viet Nam, the Philippines, Tanzania, Benin, Mali, Guinea-Bissau, Burkina Faso, Brazil, Indonesia and Mozambique lagged somewhat behind, together accounting for a further 45%.
What are the leading suppliers of cashew nuts to Australia?
+
In value terms, Viet Nam ($314K) constituted the largest supplier of cashew nut to Australia.
What are the leading importers of cashew nuts from Australia?
+
In value terms, the largest markets for cashew nut exported from Australia were India ($44K), Viet Nam ($32K) and New Zealand ($13K), with a combined 81% share of total exports.
What is the average export price for cashew nuts in Australia?
+
The average cashew nut export price stood at $1,052 per tonne in 2020, falling by -17.8% against the previous year.
What is the average import price for cashew nuts in Australia?
+
The average cashew nut import price stood at $10,297 per tonne in 2020, with an increase of 28% 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 2007–2020
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 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, 2007–2020
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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