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World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jun 1, 2024

World - Cashew Nuts - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 20, 2024

Best Import Markets for Cashew Nuts

When it comes to the global market for cashew nuts, there are several countries that stand out as major importers of this popular nut. According to data from the IndexBox market intelligence platform, the top-10 countries by import value of cashew nuts in 2023 are as follows:

  1. Vietnam - $2.1 billion USD
  2. India - $1.3 billion USD
  3. United Arab Emirates - $37.2 million USD
  4. China - $10.0 million USD
  5. Saudi Arabia - $7.0 million USD
  6. Hong Kong SAR - $3.8 million USD
  7. Indonesia - $2.7 million USD
  8. Belgium - $2.2 million USD
  9. Algeria - $2.0 million USD
  10. Denmark - $1.7 million USD

These countries play a crucial role in the global cashew nut trade, importing significant quantities of cashew nuts from producing countries around the world. Let's take a closer look at some of the key statistics and trends in these top import markets for cashew nuts.

1. Vietnam

Vietnam leads the way as the world's top importer of cashew nuts, with an import value of $2.1 billion USD in 2023. The country's demand for cashew nuts has been on the rise in recent years, driven by factors such as a growing middle class and increasing consumer awareness of the health benefits of cashew nuts.

2. India

India is the second-largest importer of cashew nuts in the world, with an import value of $1.3 billion USD in 2023. The country has a long tradition of consuming cashew nuts, both as a snack and as an ingredient in traditional dishes. India's strong demand for cashew nuts has made it a key player in the global cashew nut market.

3. United Arab Emirates

The United Arab Emirates is another important market for cashew nuts, with an import value of $37.2 million USD in 2023. The country's demand for cashew nuts is driven by a combination of factors, including a growing population, a strong economy, and a preference for high-quality nuts.

4. China

China is a major importer of cashew nuts, with an import value of $10.0 million USD in 2023. The country's demand for cashew nuts has been growing steadily in recent years, fueled by rising incomes and changing consumer preferences.

5. Saudi Arabia

Saudi Arabia imports $7.0 million USD worth of cashew nuts in 2023, making it a significant market for this popular nut. The country's demand for cashew nuts is driven by factors such as a growing population, increasing disposable incomes, and a preference for healthy snacks.

6. Hong Kong SAR

Hong Kong SAR is a key import market for cashew nuts, with an import value of $3.8 million USD in 2023. The country's demand for cashew nuts is driven by factors such as a strong economy, a growing middle class, and a preference for high-quality nuts.

7. Indonesia

Indonesia is another important market for cashew nuts, with an import value of $2.7 million USD in 2023. The country's demand for cashew nuts is driven by factors such as a growing population, a strong economy, and a preference for healthy snacks.

8. Belgium

Belgium imports $2.2 million USD worth of cashew nuts in 2023, making it a significant market for this popular nut. The country's demand for cashew nuts is driven by factors such as a growing population, increasing disposable incomes, and a preference for healthy snacks.

9. Algeria

Algeria is a key import market for cashew nuts, with an import value of $2.0 million USD in 2023. The country's demand for cashew nuts is driven by factors such as a growing population, increasing disposable incomes, and a preference for high-quality nuts.

10. Denmark

Denmark imports $1.7 million USD worth of cashew nuts in 2023, making it a significant market for this popular nut. The country's demand for cashew nuts is driven by factors such as a growing population, increasing disposable incomes, and a preference for healthy snacks.

Overall, these top import markets for cashew nuts play a crucial role in the global trade of this popular nut. With growing demand and changing consumer preferences, these countries are likely to continue to drive the growth of the global cashew nut market in the years to come.

Source: IndexBox Market Intelligence Platform

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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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