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Colombia - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Colombia: Cashew Nut Market Overview 2020

Cashew Nut Market Size in Colombia

The revenue of the cashew nut market in Colombia amounted to $X in 2018, reducing by -X% against the previous year. Overall, cashew nut consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Over the period under review, the cashew nut market reached its peak figure level at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Cashew Nut Production in Colombia

In value terms, cashew nut production stood at $X in 2018 estimated in export prices. In general, the total output indicated a mild increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cashew nut production increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Cashew nut production peaked at $X in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure.

In 2018, the average yield of cashew nuts in Colombia stood at X tonne per ha, therefore, remained relatively stable against the previous year. In general, the cashew nut yield, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2017 when yield increased by X% year-to-year. Cashew nut yield peaked at X tonne per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of cashew nuts were harvested in Colombia; therefore, remained relatively stable against the previous year. In general, the cashew nut harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Cashew nut harvested area peaked at X ha in 2009; however, from 2010 to 2018, harvested area failed to regain its momentum.

Cashew Nut Exports

Exports from Colombia

Cashew nut exports from Colombia amounted to X tonnes in 2018, going up by X% against the previous year. In general, cashew nut exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, cashew nut exports stood at $X in 2018. Overall, cashew nut exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, cashew nut exports reached their peak figure in 2018 and are likely to continue its growth in the near future.

Exports by Country

Viet Nam (X tonnes) was the main destination for cashew nut exports from Colombia, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Viet Nam amounted to +X%.

In value terms, Viet Nam ($X) also remains the key foreign market for cashew nut exports from Colombia.

From 2007 to 2018, the average annual rate of growth in terms of value to Viet Nam totaled +X%.

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the cashew nut export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices for cashew nuts reached their peak figure in 2018 and is likely to see steady growth in the near future.

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

From 2007 to 2018, the rate of growth in terms of prices for Viet Nam amounted to +X% per year.

Cashew Nut Imports

Imports into Colombia

In 2018, the amount of cashew nuts imported into Colombia stood at X tonnes, picking up by X% against the previous year. In general, cashew nut imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, cashew nut imports amounted to $X in 2018. In general, cashew nut imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest cashew nut supplier to Colombia, accounting for a X% share of total imports. Moreover, cashew nut imports from the U.S. exceeded the figures recorded by the second-largest supplier, India (X kg), sevenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. totaled +X%.

Import Prices by Country

The average cashew nut import price stood at $X per tonne in 2018, picking up by X% against the previous year. Overall, the cashew nut import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for cashew nuts reached their maximum in 2018 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for India amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Product coverage:
• FCL 217 - Cashew nuts

This report provides an in-depth analysis of the cashew nut market in Colombia. 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 2030.


Country coverage:
• Colombia

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

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