Cashews: EU import value up by 44.4%
April 23, 2025 at 4:50 PM ,
Der AUDITOR
Côte d'Ivoire once again breaks the 1 million mt mark
The latest crop estimates from the International Nut and Dried Fruit Council (INC) clearly show that Côte d'Ivoire remains the world's most important cashew producer despite a decline of almost 10%. A total of 1.2 million mt of cashew nuts were harvested here, making Côte d'Ivoire once again the only country to break the 1 million mt mark. Cambodia was able to increase its production by an astonishing 27%, displacing India from second place among the largest producers; the latter suffered a 19.6% drop in production and is now only in third place with 615,000 mt. Tanzania (+63.5%) and Brazil (+25%), among others, recorded significantly higher production than in the previous year, while growing countries such as Nigeria (-12.7%) and Senegal (-30.8%) suffered considerable losses. According to the INC, global production in the 2024/25 season will be 1.5% lower than last year, totalling just over 5.288 million mt.
|
Global cashew production, in mt |
|||
|
Country |
2023/24 |
2024/25 |
Diff. |
|
Côte d'Ivoire |
1,330,000 |
1,200,000 |
-9.8% |
|
Cambodia |
630,000 |
800,000 |
27.0% |
|
India |
765,000 |
615,000 |
-19.6% |
|
Tanzania |
260,000 |
425,000 |
63.5% |
|
Vietnam |
300,000 |
340,000 |
13.3% |
|
Nigeria |
323,000 |
282,000 |
-12.7% |
|
Ghana |
290,000 |
275,000 |
-5.2% |
|
Benin |
280,000 |
250,000 |
-10.7% |
|
Guinea-Bissau |
275,000 |
240,000 |
-12.7% |
|
Brazil |
120,000 |
150,000 |
25.0% |
|
Guinea-Conakry |
165,000 |
145,000 |
-12.1% |
|
Burkina Faso |
165,000 |
145,000 |
-12.1% |
|
Togo |
120,000 |
105,000 |
-12.5% |
|
Indonesia |
93,000 |
93,000 |
0.0% |
|
Mozambique |
90,000 |
90,000 |
0.0% |
|
Senegal |
65,000 |
45,000 |
-30.8% |
|
Gambia |
28,000 |
25,000 |
-10.7% |
|
Kenya |
5,000 |
5,000 |
0.0% |
|
Mali |
10,000 |
2,000 |
-80.0% |
|
Others |
56,700 |
56,600 |
-0.2% |
|
Total |
5,370,700 |
5,288,600 |
-1.5% |
|
INC, March 2025 Northern hemisphere harvest period: Jan-Jun 2024 Southern hemisphere harvest period: Sep 2024 to Feb 2025 |
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Germany becomes the largest cashew importer in the EU
While production is declining slightly, demand for cashews in the EU has increased. In the period from 1 January to 20 April 2024, 45,401 mt were imported, compared to 51,325 mt in the same period this year, an increase of 13%. Vietnam remains the most important supplier by a wide margin, supplying 36,746 mt of cashews to the EU, 13% more than in the same period last year. Côte d'Ivoire follows in second place with an impressive 39.5% increase to 8,437 mt and India in third place with 2,566 mt and an increase of 6.5%.
The most important buyer in the EU so far this year is Germany with imports totalling 16,440 mt, an increase of almost 40% compared to the previous year. The Netherlands, which was still the largest importer last year, slipped to second place with 15,710 mt and a decline of 10.5%, followed by Italy, Spain and France. As the average import price has risen by 27.8% compared to 2024, the import value of EUR 342.17 million is also a whopping 44.4% higher than last year.
|
EU cashew imports, in mt |
|||
|
Partner |
2024 |
2025 |
Diff. |
|
Vietnam |
32,522 |
36,746 |
13.0% |
|
Côte d'Ivoire |
6,047 |
8,437 |
39.5% |
|
India |
2,410 |
2,566 |
6.5% |
|
Brazil |
487 |
679 |
39.4% |
|
Nigeria |
674 |
655 |
-2.8% |
|
Others |
3,261 |
2,242 |
-31.2% |
|
Total |
45,401 |
51,325 |
13.0% |
|
DG AGRI TAXUD Customs Surveillance System, 01/01-20/04 08013200 Fresh or dried cashew nuts, shelled |
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