Global Cashew Nut Market - Analysis and Outlook to 2025
This report contains an in-depth study 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 reveals the market projections through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (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) + the largest producing countries.
• Cashew nut market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global cashew nut production, split by region and country;
• Global cashew nut trade (exports and imports);
• Producer, export and import prices for cashew nut;
• Cashew nut 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.
Global cashew nut production amounted to 4,275 thousand tonnes in 2015, rising by +15.1% against the previous year level. Overall, the global cashew nut output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2015, when the output figure increased by +15% from the previous year level. Over the period under review, the global cashew nut production reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global cashew nut production was primarily driven by disposable income growth and popularity of healthy eating. Furthermore, these key drivers are expected to continue promoting the cashew nut output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a noticeable contraction of the yield figures.
The world cashew nut harvested area amounted to 6,220 thousand ha in 2015, which was 3.0% more than the previous year figure. The harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +3.4% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total cashew nut harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for cashew nut globally.
The global average cashew nut yield amounted to 7 thousand hg/ha in 2015, rising by 11.7% from the previous year figure. The yield figures recorded an downward trend over the period under review, with a compound annual growth rate standing at -1.5% from 2007 to 2015. However, the yield levels displayed some little fluctuations over the recent years. The highest cashew nut yields were recorded in 2008, when it peaked at 8 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.
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