![]() ![]() Over the period under review, the global exports attained the maximum at $X in 2018 however, from 2019 to 2021, the exports remained at a lower figure. ![]() The most prominent rate of growth was recorded in 2017 when exports increased by 35% against the previous year. In general, exports showed a slight slump. In value terms, cashew nut exports dropped sharply to $X in 2021. Over the period under review, the global exports attained the peak figure at X tons in 2020, and then declined dramatically in the following year. The pace of growth was the most pronounced in 2013 when exports increased by 20%. In 2021, overseas shipments of cashew nuts decreased by -40.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, the harvested area dedicated to cashew nut production reached the maximum at X ha in 2020, and then declined slightly in the following year. The growth pace was the most rapid in 2017 with an increase of 9%. The harvested area increased at an average annual rate of +2.3% over the period from 2012 to 2021 the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The global cashew nut harvested area reduced modestly to X ha in 2021, waning by -3.6% against 2020 figures. ![]() Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions. Over the period under review, the average cashew nut yield hit record highs at X kg per ha in 2017 however, from 2018 to 2021, the yield failed to regain momentum. The pace of growth was the most pronounced in 2016 with an increase of 5.8% against the previous year. Overall, the yield, however, recorded a relatively flat trend pattern. In 2021, the global average cashew nut yield dropped modestly to X kg per ha, remaining constant against the previous year. Ghana, Vietnam, Tanzania, Burundi, the Philippines, Benin, Mali, Guinea-Bissau, Burkina Faso and Brazil lagged somewhat behind, together comprising a further 47%.įrom 2012 to 2021, the biggest increases were in Mali (with a CAGR of +16.3%), while production for the other global leaders experienced more modest paces of growth. The countries with the highest volumes of production in 2021 were India (X tons), Cote d'Ivoire (X tons) and Nigeria (X tons), with a combined 38% share of global production. Over the period under review, global production hit record highs at $X in 2018 however, from 2019 to 2021, production remained at a lower figure. The growth pace was the most rapid in 2015 when the production volume increased by 40%. Based on 2021 figures, production decreased by -34.2% against 2018 indices. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. In general, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. In value terms, cashew nut production expanded slightly to $X in 2021 estimated in export price. Over the period under review, the global market hit record highs at $X in 2018 however, from 2019 to 2021, consumption remained at a lower figure. ![]() Based on 2021 figures, consumption decreased by -22.0% against 2018 indices. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The global cashew nut market shrank to $X in 2021, reducing by -6.3% against the previous year. Global Cashew Nut Market 2023 Cashew Nut Market Size ![]()
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