Australia: Cashew Nut Market 2025

Cashew Nut Market Size in Australia

The Australian cashew nut market declined slightly to $X in 2021, dropping by -4.4% against the previous year. In general, consumption saw a strong increase. Cashew nut consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Cashew Nut Production in Australia

In value terms, cashew nut production shrank notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild increase. The pace of growth was the most pronounced in 2014 with an increase of 133% against the previous year. Cashew nut production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Cashew Nut Exports

Exports from Australia

After two years of growth, shipments abroad of cashew nuts decreased by -49.5% to X tons in 2021. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2020 when exports increased by 469% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cashew nut exports declined significantly to $X in 2021. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 405% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for cashew nut exports from Australia, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR stood at +146.3%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for cashew nut exports from Australia.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR stood at +51.9%.

Export Prices by Country

In 2021, the average cashew nut export price amounted to $X per ton, increasing by 10% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2016 an increase of 43%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2021, the rate of growth in terms of prices for Vietnam amounted to -15.0% per year.

Cashew Nut Imports

Imports into Australia

In 2021, supplies from abroad of cashew nuts decreased by -21.3% to X tons, falling for the third consecutive year after five years of growth. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 362% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, cashew nut imports shrank remarkably to $X in 2021. Overall, imports, however, saw a slight expansion. The growth pace was the most rapid in 2015 when imports increased by 210%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), Vietnam (X tons) and Sri Lanka (X kg) were the main suppliers of cashew nut imports to Australia, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +87.5%), while purchases for the other leaders experienced a decline.

In value terms, India ($X) constituted the largest supplier of cashew nut to Australia, comprising 81% of total imports. The second position in the ranking was held by Vietnam ($X), with an 11% share of total imports. It was followed by Sri Lanka, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +64.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-79.2% per year) and Sri Lanka (+167.9% per year).

Import Prices by Country

The average cashew nut import price stood at $X per ton in 2021, dropping by -4.3% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 80% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Samoa (+136.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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