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

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Cashew Nut Market Size in Portugal

In 2020, the Portuguese cashew nut market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption posted significant growth. The pace of growth was the most pronounced in 2019 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2020 and is likely to see steady growth in the near future.

Cashew Nut Exports

Exports from Portugal

In 2020, approx. X kg of cashew nuts were exported from Portugal; which is down by -X% on 2019. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, cashew nut exports fell rapidly to $X in 2020. In general, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Angola (X kg) was the main destination for cashew nut exports from Portugal, with a X% share of total exports. Moreover, cashew nut exports to Angola exceeded the volume sent to the second major destination, Mozambique (X kg), twofold. The third position in this ranking was occupied by France (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Angola totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+X% per year) and France (X% per year).

In value terms, the largest markets for cashew nut exported from Portugal were Angola ($X), Mozambique ($X) and France ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Mozambique recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was France ($X per tonne), while the average price for exports to Germany ($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 Germany, while the prices for the other major destinations experienced mixed trend patterns.

Cashew Nut Imports

Imports into Portugal

In 2020, approx. X tonnes of cashew nuts were imported into Portugal; increasing by X% compared with 2019. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

In value terms, cashew nut imports declined sharply to $X in 2020. Over the period under review, imports recorded a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then declined significantly in the following year.

Imports by Country

In 2020, Guinea-Bissau (X tonnes) constituted the largest supplier of cashew nut to Portugal, accounting for a X% share of total imports. Moreover, cashew nut imports from Guinea-Bissau exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Guinea-Bissau was relatively modest.

In value terms, Guinea-Bissau ($X) and Spain ($X) constituted the largest cashew nut suppliers to Portugal, with a combined X% share of total imports.

Among the main suppliers, Spain saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2020, the average cashew nut import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2019, and then declined remarkably in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the price for Guinea-Bissau totaled $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?
+
India (1.6M tonnes) remains the largest cashew nut consuming country worldwide, 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 Philippines (258K tonnes) ranked third in terms of total consumption 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), together comprising 47% of global production. Viet Nam, the Philippines, Tanzania, Benin, Mali, Guinea-Bissau, Burkina Faso, Brazil, Indonesia and Mozambique lagged somewhat behind, together comprising a further 45%.
What are the leading suppliers of cashew nuts to Portugal?
+
In value terms, the largest cashew nut suppliers to Portugal were Guinea-Bissau ($90K) and Spain ($86K), with a combined 91% share of total imports.
What are the leading importers of cashew nuts from Portugal?
+
In value terms, the largest markets for cashew nut exported from Portugal were Angola ($1.4K), Mozambique ($729) and France ($623), with a combined 97% share of total exports.
What is the average export price for cashew nuts in Portugal?
+
The average cashew nut export price stood at $5,258 per tonne in 2020, surging by 8.6% against the previous year.
What is the average import price for cashew nuts in Portugal?
+
In 2020, the average cashew nut import price amounted to $2,133 per tonne, reducing by -63.6% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

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

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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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