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

Cashew Nut Market Size in Spain

The Spanish cashew nut market expanded sharply to $X in 2020, rising 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). Overall, consumption enjoyed buoyant growth. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Cashew nut consumption peaked at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Cashew Nut Exports

Exports from Spain

In 2020, the amount of cashew nuts exported from Spain declined notably to X tonnes, waning by -X% on the year before. In general, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, cashew nut exports dropped markedly to $X in 2020. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Morocco (X tonnes) was the main destination for cashew nut exports from Spain, accounting for a X% share of total exports. Moreover, cashew nut exports to Morocco exceeded the volume sent to the second major destination, Portugal (X kg), more than tenfold.

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

In value terms, Morocco ($X) remains the key foreign market for cashew nut exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Morocco stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-X% per year) and Italy (-X% per year).

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2012 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Portugal ($X per tonne), while the average price for exports to Italy ($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 Morocco, while the prices for the other major destinations experienced more modest paces of growth.

Cashew Nut Imports

Imports into Spain

In 2020, purchases abroad of cashew nuts increased by X% to X tonnes, rising for the third consecutive year after three years of decline. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, cashew nut imports reduced to $X in 2020. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest supplier of cashew nut to Spain, with a X% share of total imports. Moreover, cashew nut imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Portugal (X tonnes), twofold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and France (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of cashew nut to Spain, comprising X% of total imports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+X% per year) and France (+X% per year).

Import Prices by Country

In 2020, the average cashew nut import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Portugal, 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), together accounting for 46% 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 Spain?
+
In value terms, the Netherlands ($596K) constituted the largest supplier of cashew nut to Spain, comprising 50% of total imports. The second position in the ranking was occupied by Portugal ($289K), with a 24% share of total imports. It was followed by France, with a 14% share.
What are the leading importers of cashew nuts from Spain?
+
In value terms, Morocco ($87K) remains the key foreign market for cashew nut exports from Spain, comprising 86% of total exports. The second position in the ranking was occupied by Portugal ($9.7K), with a 9.5% share of total exports.
What is the average export price for cashew nuts in Spain?
+
The average cashew nut export price stood at $8,260 per tonne in 2020, with an increase of 12% against the previous year.
What is the average import price for cashew nuts in Spain?
+
The average cashew nut import price stood at $4,161 per tonne in 2020, which is down by -14.6% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

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

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