France: Cashew Nut Market 2025

Cashew Nut Market Size in France

In 2021, the French cashew nut market increased by 38% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a significant decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Cashew Nut Production in France

In value terms, cashew nut production reached $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Cashew Nut Exports

Exports from France

Cashew nut exports from France soared to X tons in 2021, growing by 491% compared with the previous year's figure. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2019 with an increase of 773%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, cashew nut exports skyrocketed to $X in 2021. In general, exports recorded resilient growth. The growth pace was the most rapid in 2019 when exports increased by 812%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for cashew nut exports from France, with a 59% share of total exports. Moreover, cashew nut exports to Spain exceeded the volume sent to the second major destination, New Caledonia (X tons), twofold. Ireland (X kg) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at +189.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+29.0% per year) and Ireland (+37.8% per year).

In value terms, New Caledonia ($X), Spain ($X) and French Polynesia ($X) appeared to be the largest markets for cashew nut exported from France worldwide, with a combined 71% share of total exports.

Spain, with a CAGR of +99.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cashew nut export price amounted to $X per ton, falling by -18.8% against the previous year. Overall, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 63%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+7.1%), while the prices for the other major destinations experienced a decline.

Cashew Nut Imports

Imports into France

In 2021, supplies from abroad of cashew nuts increased by 106% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a sharp slump. The pace of growth appeared the most rapid in 2017 when imports increased by 338% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cashew nut imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a sharp decrease. The pace of growth was the most pronounced in 2017 when imports increased by 201%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Brazil (X tons), Guinea-Bissau (X tons) and Belgium (X tons) were the main suppliers of cashew nut imports to France, together accounting for 76% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +107.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cashew nut suppliers to France were Guinea-Bissau ($X), Brazil ($X) and the Netherlands ($X), with a combined 77% share of total imports. These countries were followed by Belgium, Spain, India and Vietnam, which together accounted for a further 21%.

Belgium, with a CAGR of +96.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cashew nut import price amounted to $X per ton, shrinking by -25% against the previous year. Overall, the import price recorded a slight decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 74%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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