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

Cashew Nut Market Size in Saudi Arabia

The Saudi cashew nut market shrank slightly to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a significant increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Cashew nut consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Cashew Nut Exports

Exports from Saudi Arabia

For the third consecutive year, Saudi Arabia recorded decline in overseas shipments of cashew nuts, which decreased by -X% to X tonnes in 2020. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. from 2011 to 2020, the growth exports remained at a lower figure.

In value terms, cashew nut exports reached $X in 2020. Overall, exports posted a slight expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for cashew nut exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, cashew nut exports to the United Arab Emirates exceeded the volume sent to the second major destination, India (X tonnes), threefold.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and Bahrain (-X% per year).

In value terms, India ($X), Bahrain ($X) and the United Arab Emirates ($X) appeared to be the largest markets for cashew nut exported from Saudi Arabia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Bahrain saw the highest rates of growth with regard to 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

In 2020, the average cashew nut export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per tonne), while the average price for exports to the United Arab Emirates ($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 India, while the prices for the other major destinations experienced more modest paces of growth.

Cashew Nut Imports

Imports into Saudi Arabia

In 2020, the amount of cashew nuts imported into Saudi Arabia totaled X tonnes, approximately reflecting the previous year. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, cashew nut imports shrank to $X in 2020. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2018 to 2020, the growth imports remained at a lower figure.

Imports by Country

Viet Nam (X tonnes) and India (X tonnes) were the main suppliers of cashew nut imports to Saudi Arabia.

From 2007 to 2020, the biggest increases were in Viet Nam (+X% per year).

In value terms, Viet Nam ($X) and India ($X) appeared to be the largest cashew nut suppliers to Saudi Arabia.

Among the main suppliers, Viet Nam (+X% per year) recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average cashew nut import price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was India ($X per tonne), while the price for Viet Nam stood at $X per tonne.

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

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), together accounting for 72% of global consumption. These countries were followed by the Philippines, Mali, Brazil, Burkina Faso, Cambodia, Mozambique and Guinea-Bissau, which together accounted for a further 20%.
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 44% of global production. These countries were followed by Viet Nam, the Philippines, Tanzania, Benin, Mali, Nigeria, Guinea-Bissau, Burkina Faso, Brazil and Indonesia, which together accounted for a further 44%.
What are the leading suppliers of cashew nuts to Saudi Arabia?
+
In value terms, the largest cashew nut suppliers to Saudi Arabia were Viet Nam ($14M) and India ($10M).
What are the leading importers of cashew nuts from Saudi Arabia?
+
In value terms, the largest markets for cashew nut exported from Saudi Arabia were India ($19K), Bahrain ($16K) and the United Arab Emirates ($13K), together accounting for 100% of total exports.
What is the average export price for cashew nuts in Saudi Arabia?
+
The average cashew nut export price stood at $4,167 per tonne in 2020, picking up by 19% against the previous year.
What is the average import price for cashew nuts in Saudi Arabia?
+
The average cashew nut import price stood at $6,698 per tonne in 2020, with a decrease of -5.5% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

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

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