Report Update Apr 1, 2024

Kazakhstan - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Kazakhstan: Cashew Nut Market 2024

Cashew Nut Market Size in Kazakhstan

In 2022, the Kazakh cashew nut market decreased by X% to less than $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption posted significant growth. Cashew nut consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cashew Nut Production in Kazakhstan

In value terms, cashew nut production soared to $X in 2022 estimated in export price. Overall, production recorded a significant increase. Cashew nut production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of cashew nuts in Kazakhstan amounted to less than X kg per ha, approximately reflecting the previous year. In general, 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 2022, the total area harvested in terms of cashew nuts production in Kazakhstan stood at less than X ha, therefore, remained relatively stable against the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

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Cashew Nut Exports

Exports from Kazakhstan

In 2020, the amount of cashew nuts exported from Kazakhstan totaled X tons, almost unchanged from 2019. In general, exports enjoyed significant growth. The smallest decline of X% was in 2019. The exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, cashew nut exports totaled $X in 2020. Overall, exports enjoyed a significant increase. The smallest decline of X% was in 2019. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for cashew nut exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2018 to 2020, the average annual growth rate of volume to Russia totaled X%.

From 2018 to 2020, the average annual rate of growth in terms of value to Russia amounted to X%.

Export Prices by Country

The average cashew nut export price stood at $X per ton in 2020, remaining constant against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

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

From 2018 to 2020, the rate of growth in terms of prices for Russia amounted to X% per year.

Cashew Nut Imports

Imports into Kazakhstan

Cashew nut imports into Kazakhstan surged to X tons in 2022, growing by X% on 2021 figures. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cashew nut imports surged to $X in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest cashew nut supplier to Kazakhstan, with a X% share of total imports. Moreover, cashew nut imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam amounted to X%.

In value terms, Vietnam ($X) constituted the largest supplier of cashew nuts to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Vietnam stood at X%.

Import Prices by Country

In 2022, the average cashew nut import price amounted to $X per ton, remaining stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Vietnam stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%).

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 consumption in 2023 were Vietnam, India and Ghana, with a combined 73% share of global consumption. Nigeria, the Philippines, Benin, Brazil, Indonesia, Tanzania and Mozambique lagged somewhat behind, together comprising a further 19%.

What are the largest producers of cashew nuts in the world?

The countries with the highest volumes of production in 2022 were Cote d'Ivoire, Ghana and India, with a combined 45% share of global production. Nigeria, Vietnam, Tanzania, the Philippines, Benin, Indonesia, Mozambique, Burkina Faso, Brazil and Guinea-Bissau lagged somewhat behind, together accounting for a further 45%.

What are the leading suppliers of cashew nuts to Kazakhstan?

In value terms, Vietnam constituted the largest supplier of cashew nuts to Kazakhstan, comprising 75% of total imports. The second position in the ranking was held by China, with a 25% share of total imports.

What is the average export price for cashew nuts in Kazakhstan?

In 2020, the average cashew nut export price amounted to $1,196 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for cashew nuts in Kazakhstan?

The average cashew nut import price stood at $1,145 per ton in 2022, remaining relatively unchanged against the previous year.

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

Product coverage:

FCL 217 - Cashew nuts

Country coverage:

Kazakhstan

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023