Report Update Feb 1, 2025

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

CIS: Cashew Nut Market 2025

Cashew Nut Market Size in CIS

The CIS cashew nut market expanded rapidly to $X in 2021, increasing by 13% against the previous year. Over the period under review, consumption saw a moderate expansion. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Cashew Nut Production in CIS

In value terms, cashew nut production rose slightly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 15%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

The countries with the highest volumes of production in 2021 were Russia (X tons), Tajikistan (X tons) and Moldova (X tons), with a combined 84% share of total production.

From 2012 to 2021, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Tajikistan (with a CAGR of +1.9%), while production for the other leaders experienced more modest paces of growth.

Cashew Nut Exports

Exports in CIS

In 2021, cashew nut exports in the CIS reduced notably to X tons, falling by -77.3% against 2020. In general, exports showed a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 2,544% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, cashew nut exports reduced dramatically to $X in 2021. Over the period under review, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 4,976% against the previous year. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Russia was the major exporting country with an export of about X tons, which amounted to 60% of total exports. It was distantly followed by Uzbekistan (X tons), creating a 40% share of total exports.

From 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of -2.6%).

In value terms, the largest cashew nut supplying countries in the CIS were Russia ($X) and Uzbekistan ($X).

Uzbekistan, with a CAGR of -9.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, waning by -79% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 109%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020, and then contracted sharply in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Uzbekistan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.0%).

Cashew Nut Imports

Imports in CIS

Cashew nut imports contracted notably to X tons in 2021, reducing by -16.8% against the year before. Overall, imports, however, recorded a notable increase. The growth pace was the most rapid in 2015 when imports increased by 1,410% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cashew nut imports dropped markedly to $X in 2021. In general, imports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,102%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Belarus was the largest importing country with an import of about X tons, which accounted for 56% of total imports. Armenia (X tons) held the second position in the ranking, distantly followed by Kazakhstan (X tons). All these countries together held approx. 39% share of total imports. Azerbaijan (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were in Armenia (with a CAGR of +45.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Armenia ($X) constitutes the largest market for imported cashew nuts in the CIS, comprising 64% of total imports. The second position in the ranking was taken by Belarus ($X), with a 19% share of total imports. It was followed by Azerbaijan, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Armenia stood at +40.8%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+20.0% per year) and Azerbaijan (+16.9% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, shrinking by -15.1% against the previous year. Over the period under review, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 22%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+9.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cashew nuts in the CIS?

The countries with the highest volumes of cashew nut consumption in 2021 were Uzbekistan, Belarus and Kazakhstan, with a combined 64% share of total consumption. These countries were followed by Armenia, Russia and Azerbaijan, which together accounted for a further 35%.

What are the largest producers of cashew nuts in the CIS?

Uzbekistan remains the largest cashew nut producing country in the CIS, accounting for 82% of total volume. Moreover, cashew nut production in Uzbekistan exceeded the figures recorded by the second-largest producer, Russia, fivefold.

What are the leading suppliers of cashew nuts in the CIS?

In value terms, the largest cashew nut supplying countries in the CIS were Russia and Moldova.

What are the leading importers of cashew nuts in the CIS?

In value terms, the largest cashew nut importing markets in the CIS were Kazakhstan, Russia and Armenia, with a combined 75% share of total imports.

What is the average export price for cashew nuts in the CIS?

In 2021, the cashew nut export price in the CIS amounted to $5,297 per ton, waning by -18.7% against the previous year.

What is the average import price for cashew nuts in the CIS?

In 2021, the cashew nut import price in the CIS amounted to $6,664 per ton, rising by 652% against the previous year.

This report provides an in-depth analysis of the cashew nut market in CIS. 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:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. 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. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
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, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024