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

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Cashew Nut Market Size in the UK

For the third year in a row, the UK cashew nut market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption showed a perceptible descent. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Cashew nut consumption peaked at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Cashew Nut Exports

Exports from the UK

In 2020, approx. X tonnes of cashew nuts were exported from the UK; waning by -X% on 2019. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2017 to 2020, the growth exports remained at a lower figure.

In value terms, cashew nut exports contracted significantly to $X in 2020. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2017 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Ireland (X tonnes) was the main destination for cashew nut exports from the UK, with a X% share of total exports. Moreover, cashew nut exports to Ireland exceeded the volume sent to the second major destination, Italy (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 to Ireland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and France (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for cashew nut exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Barbados ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Ireland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Barbados (+X% per year) and Saudi Arabia (-X% per year).

Export Prices by Country

In 2020, the average cashew nut export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

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

Cashew Nut Imports

Imports into the UK

In 2020, supplies from abroad of cashew nuts decreased by -X% to X tonnes, falling for the ninth consecutive year after five years of growth. In general, imports saw a mild setback. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, cashew nut imports dropped dramatically to $X in 2020. Overall, imports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

Viet Nam (X tonnes) and Ghana (X tonnes) were the main suppliers of cashew nut imports to the UK, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Viet Nam.

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

From 2007 to 2020, the average annual rate of growth in terms of value from Viet Nam totaled +X%.

Import Prices by Country

In 2020, the average cashew nut import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price recorded a mild reduction. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per tonne), while the price for Ghana totaled $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the world?
+
The country with the largest volume of cashew nut consumption was India (1.6M tonnes), 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 third position in this ranking was occupied by the Philippines (258K tonnes), 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), with a combined 47% share of global production. These countries were followed by Viet Nam, the Philippines, Tanzania, Benin, Mali, Guinea-Bissau, Burkina Faso, Brazil, Indonesia and Mozambique, which together accounted for a further 45%.
What are the leading suppliers of cashew nuts to the UK?
+
In value terms, Viet Nam ($611K) constituted the largest supplier of cashew nut to the UK, comprising 75% of total imports. The second position in the ranking was occupied by Ghana ($191K), with a 23% share of total imports.
What are the leading importers of cashew nuts from the UK?
+
In value terms, Ireland ($168K) remains the key foreign market for cashew nut exports from the UK, comprising 34% of total exports. The second position in the ranking was occupied by Barbados ($63K), with a 13% share of total exports. It was followed by Saudi Arabia, with a 11% share.
What is the average export price for cashew nuts in the UK?
+
The average cashew nut export price stood at $4,826 per tonne in 2020, which is down by -20.6% against the previous year.
What is the average import price for cashew nuts in the UK?
+
The average cashew nut import price stood at $5,838 per tonne in 2020, which is down by -21.9% against the previous year.

Product coverage:
• FCL 217 - Cashew nuts

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

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