Report World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
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Global Cashew Nut Market 2022

Cashew Nut Market Size

The global cashew nut market amounted to $X in 2021, stabilizing at the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2019 indices. Global consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Cashew Nut Production

In value terms, cashew nut production totaled $X in 2021 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2019 to 2021, global production growth remained at a lower figure.

The countries with the highest volumes of cashew nut production in 2021 were India (X tonnes), Cote d'Ivoire (X tonnes) and Vietnam (X tonnes), with a combined X% share of global production. These countries were followed by Ghana, Burundi, Tanzania, the Philippines, Nigeria, Mali, Benin, Guinea-Bissau, Burkina Faso and Brazil, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of cashew nut production, amongst the main producing countries, was attained by Mali (+X%), while cashew nut production for the other global leaders experienced more modest paces of growth.

In 2021, the global average yield of cashew nuts shrank modestly to X kg per ha, dropping by -X% against 2020. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X% y-o-y. The global yield peaked at X kg per ha in 2018; however, from 2019 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global cashew nut harvested area declined modestly to X ha in 2021, approximately equating the previous year's figure. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2020, and then fell slightly in the following year.

Production By Country

The countries with the highest volumes of cashew nut production in 2021 were India (X tonnes), Cote d'Ivoire (X tonnes) and Vietnam (X tonnes), with a combined X% share of global production. Ghana, Burundi, Tanzania, the Philippines, Nigeria, Mali, Benin, Guinea-Bissau, Burkina Faso and Brazil lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of cashew nut production, amongst the leading producing countries, was attained by Mali (+X%), while cashew nut production for the other global leaders experienced more modest paces of growth.

Cashew Nut Exports

Exports

In 2021, the amount of cashew nuts exported worldwide expanded notably to X tonnes, surging by X% on 2020 figures. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the global exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, cashew nut exports soared to $X in 2021. Over the period under review, total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the global exports remained at a lower figure.

Exports by Country

In 2021, Cote d'Ivoire (X tonnes), distantly followed by Ghana (X tonnes), Tanzania (X tonnes), Benin (X tonnes), Nigeria (X tonnes) and Guinea-Bissau (X tonnes) represented the major exporters of cashew nuts, together mixing up X% of total exports. Burkina Faso (X tonnes), Indonesia (X tonnes), Togo (X tonnes), Guinea (X tonnes) and Senegal (X tonnes) occupied a minor share of total exports.

From 2012 to 2021, the biggest increases were in Burkina Faso (+X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Tanzania ($X) and Ghana ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of global exports. These countries were followed by Benin, Nigeria, Guinea-Bissau, Indonesia, Burkina Faso, Togo, Senegal and Guinea, which together accounted for a further X Faso, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cashew nut export price stood at $X per tonne in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% y-o-y. Over the period under review, the average export prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Tanzania ($X per tonne), while Guinea ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+X%), while the other global leaders experienced more modest paces of growth.

Cashew Nut Imports

Imports

In 2021, approx. X tonnes of cashew nuts were imported worldwide; with an increase of X% on the year before. Overall, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Global imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, cashew nut imports totaled $X in 2021. In general, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Global imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Vietnam dominates cashew nut imports structure, accounting for X tonnes, which was near X% of total imports in 2021. It was distantly followed by India (X tonnes), making up a X% share of total imports.

Vietnam was also the fastest-growing in terms of the cashew nuts imports, with a CAGR of +X% from 2012 to 2021. India (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) significantly strengthened its position in terms of the global imports, while India saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Vietnam ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2021.

Vietnam, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The average cashew nut import price stood at $X per tonne in 2021, shrinking by -X% against the previous year. Over the period under review, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($X per tonne), while Vietnam stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

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 Vietnam, comprising approx. 41% of total volume. Moreover, cashew nut consumption in Vietnam exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Burundi, with a 6.7% share.
What are the largest producers of cashew nuts in the world?
+
The countries with the highest volumes of cashew nut production in 2021 were India, Cote d'Ivoire and Vietnam, together comprising 39% of global production. These countries were followed by Ghana, Burundi, Tanzania, the Philippines, Nigeria, Mali, Benin, Guinea-Bissau, Burkina Faso and Brazil, which together accounted for a further 46%.
What are the leading exporters of cashew nuts in the world?
+
In value terms, the largest cashew nut supplying countries worldwide were Cote d'Ivoire, Tanzania and Ghana, together accounting for 57% of global exports. Benin, Nigeria, Guinea-Bissau, Indonesia, Burkina Faso, Togo, Senegal and Guinea lagged somewhat behind, together comprising a further 35%.
What are the leading importers of cashew nuts in the world?
+
In value terms, the largest cashew nut importing markets worldwide were Vietnam and India.
What is the average export price for cashew nuts in the world?
+
In 2021, the average cashew nut export price amounted to $1,266 per tonne, with an increase of 6.3% against the previous year.
What is the average import price for cashew nuts in the world?
+
The average cashew nut import price stood at $1,711 per tonne in 2021, waning by -9.7% against the previous year.

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

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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