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

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China: Cashew Nut Market Overview 2021

Cashew Nut Market Size in China

The Chinese cashew nut market stood at $X in 2020, increasing by X% against the previous year. Over the period under review, consumption showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. from 2016 to 2020, the growth of the market remained at a somewhat lower figure.

Cashew Nut Production in China

In value terms, cashew nut production contracted to $X in 2020 estimated in export prices. Overall, production showed a pronounced descent. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Cashew nut production peaked at $X in 2009; however, from 2010 to 2020, production stood at a somewhat lower figure.

In 2020, the average yield of cashew nuts in China was estimated at X tonnes per ha, growing by X% compared with the previous year's figure. in general, the yield posted buoyant growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The cashew nut yield peaked at X tonnes per ha in 2013; however, from 2014 to 2020, the yield failed to regain the momentum. 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 China; dropping by -X% against 2019 figures. Over the period under review, the harvested area showed a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cashew nut production attained the peak figure at X ha in 2008; however, from 2009 to 2020, the harvested area remained at a lower figure.

Cashew Nut Exports

Exports from China

In 2020, exports of cashew nuts from China contracted remarkably to X kg, shrinking by -X% compared with the year before. in general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, cashew nut exports fell markedly to $X in 2020. Overall, exports saw a significant decline. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Macao SAR totaled -X%.

From 2007 to 2020, the average annual rate of growth in terms of value to Macao SAR stood at -X%.

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the export price posted a tangible expansion. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in the immediate term.

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

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

Cashew Nut Imports

Imports into China

In 2020, the amount of cashew nuts imported into China soared to X tonnes, jumping by X% on 2019 figures. in general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2016 to 2020, the growth imports remained at a lower figure.

In value terms, cashew nut imports dropped remarkably to $X in 2020. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

Togo (X tonnes), Cambodia (X tonnes) and Benin (X tonnes) were the main suppliers of cashew nut imports to China, with a combined X% share of total imports. These countries were followed by Tanzania, Nigeria, Brazil and Ghana, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cashew nut suppliers to China were Cambodia ($X), Togo ($X) and Benin ($X), together comprising X% of total imports. Tanzania, Nigeria, Brazil and Ghana lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cashew nut import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Cambodia ($X per tonne), while the price for Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Cambodia, 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), with a combined 73% share of global consumption. These countries were followed by the Philippines, Mali, Brazil, Burkina Faso, Guinea-Bissau and Mozambique, which together accounted for a further 18%.
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 46% 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 China?
+
In value terms, the largest cashew nut suppliers to China were Cambodia ($7M), Togo ($3.9M) and Benin ($2.6M), with a combined 84% share of total imports. Tanzania, Nigeria, Brazil and Ghana lagged somewhat behind, together accounting for a further 13%.
What is the average export price for cashew nuts in China?
+
In 2020, the average cashew nut export price amounted to $4,691 per tonne, with an increase of 72% against the previous year.
What is the average import price for cashew nuts in China?
+
The average cashew nut import price stood at $996 per tonne in 2020, which is down by -32% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

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

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

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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