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

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Cashew Nut Market Size in Chile

In 2020, the Chilean cashew nut market decreased by -X% to $X, falling for the fourth year in a row after four years of growth. In general, consumption continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Cashew Nut Production in Chile

In value terms, cashew nut production dropped modestly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Cashew nut production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

In 2020, the average cashew nut yield in Chile was estimated at X kg per ha, stabilizing at 2019. Over the period under review, the yield showed 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 Chile; therefore, remained relatively stable against 2019. Overall, the harvested area saw a relatively flat trend pattern.

Cashew Nut Exports

Exports from Chile

In 2020, overseas shipments of cashew nuts decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant curtailment. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, cashew nut exports contracted rapidly to $X in 2020. In general, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Spain (X tonnes) was the main destination for cashew nut exports from Chile, with a X% share of total exports. Moreover, cashew nut exports to Spain exceeded the volume sent to the second major destination, Turkey (X kg), twofold.

From 2007 to 2020, the average annual growth rate of volume to Spain amounted to -X%.

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

From 2007 to 2020, the average annual growth rate of value to Spain totaled -X%.

Export Prices by Country

In 2020, the average cashew nut export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price recorded a deep slump. The growth pace was the most rapid in 2015 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while the average price for exports to Turkey stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain.

Cashew Nut Imports

Imports into Chile

In 2020, purchases abroad of cashew nuts decreased by -X% to X kg, falling for the tenth consecutive year after four years of growth. In general, imports showed a dramatic slump. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. From 2011 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, cashew nut imports shrank rapidly to $X in 2020. Over the period under review, imports showed a sharp descent. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2011 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

The U.S. (X kg) and Brazil (X kg) were the main suppliers of cashew nut imports to Chile, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Brazil.

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

From 2007 to 2020, the average annual growth rate of value from the U.S. amounted to -X%.

Import Prices by Country

The average cashew nut import price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, the import price showed perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Brazil amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?
+
The country with the largest volume of cashew nut consumption was India (1.6M tonnes), 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 Chile?
+
In value terms, the U.S. ($58) constituted the largest supplier of cashew nut to Chile, comprising 70% of total imports. The second position in the ranking was occupied by Brazil ($25), with a 30% share of total imports.
What are the leading importers of cashew nuts from Chile?
+
In value terms, Spain ($11K) remains the key foreign market for cashew nut exports from Chile, comprising 78% of total exports. The second position in the ranking was occupied by Turkey ($3K), with a 22% share of total exports.
What is the average export price for cashew nuts in Chile?
+
In 2020, the average cashew nut export price amounted to $6,966 per tonne, reducing by -11.1% against the previous year.
What is the average import price for cashew nuts in Chile?
+
In 2020, the average cashew nut import price amounted to $8,646 per tonne, jumping by 175% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

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

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